GALLANT Venture has partnered Obayashi Corporation to pilot a "technologically advanced" greenhouse focusing on eco-tourism on Bintan island in Indonesia, both companies said in a joint statement on Tuesday.

GALLANT Venture is looking to issue S$10.3 million worth of new shares to Irwan Atmadja Dinata, managing director of Catalist-listed Moya Holdings Asia, at S$0.118 apiece.

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

GALLANT Venture is looking to issue S$10.3 million worth of new shares to Irwan Atmadja Dinata, managing director of Catalist-listed Moya Holdings Asia, at S$0.118 apiece.

SINGAPORE (June 12): Sembcorp Industries' wholly-owned subsidiary, Sembcorp Development, has disposed of its entire 10.27% stake in Gallant Venture for a consideration of $62 million. Sembcorp’s interest represents some 548 million ordinary shares. Upon completion of the transaction, Sembcorp wil...

SEMBCORP Industries’ wholly owned subsidiary Sembcorp Development disposed its entire 10.27 per cent equity interest in Gallant Venture for a consideration of S$62 million.