CATALIST-LISTED Acesian Partners has reached a settlement on several long-standing legal disputes relating to its wholly-owned subsidiary, Acesian Star (S) Pte Ltd (ASPL), which is under judicial management.

CATALIST-LISTED Acesian Partners warned on Friday that it expects to make a S$988,000 provision related to legal proceedings in its results for FY2019 ended December. This is expected to hit its bottom line. 

CATALIST-LISTED Acesian Partners has appointed Asian Corporate Advisors (ACA) as its new continuing sponsor with effect from May 30. This is in place of the current continuing sponsor RHT Capital.

CATALIST-LISTED environment-control exhaust systems provider Acesian Partners has inked a sale and purchase agreement for its Acesian Sun unit, following a memorandum of understanding on Feb 1.

THE following companies saw new developments that may affect trading of their shares on Thursday:

CATALIST-LISTED Acesian Partners on Thursday said it has on Feb 1, 2019 signed a non-binding memorandum of understanding (MOU) with Metro Transit Solutions Pte Ltd (MTS) to dispose its entire equity interest in its wholly owned subsidiary, Acesian Sun Pte Ltd.