SINGAPORE (Sept 16): IEV Holdings, which has struggled for years to turn around its engineering business, is acquiring Lady Paradise, a provider of pre- and post-natal care, for RM3.5 million ($1.2 million). IEV plans to pay for this acquisition by issuing 46.16 million new shares at 2.5 cents each...

OIL and gas engineering company IEV Holdings said it has started due diligence for an acquisition as part of a diversification into healthcare and wellness, as it posted second-quarter losses on Wednesday. 

CATALIST-listed IEV Holdings is currently in talks with "certain unrelated third parties" for a transaction that may result in a diversification into the healthcare and wellness business, the oil and gas engineering solutions company said in a holding announcement on Tuesday. 

THE former vice-president - operations and commercial of IEV Holdings has filed a wrongful dismissal claim against the company with Malaysia's Department of Industrial Relations.