A joint venture between ST Engineering and Israel Aerospace Industries (IAI) is supplying Estonia with a land-to-sea missile system. Dubbed the “Blue Spear”, this missile system will be used by the Estonian armed forces for coastal defence against hostile ships. Estonia, a Nato member since 2004...

Many new companies are getting listed via an RTO deal instead of an IPO. What are its pros and cons of a backdoor listing? There appears to be a dearth of new listings on the Singapore Exchange (SGX). However, IPO numbers alone do not tell the whole story. A constant stream of new companies are tryi...

The following companies saw new developments that may affect trading of their securities on Friday:

ADVANCED Systems Automation (ASA), which recently agreed to buy a video-gaming company in a reverse takeover, is looking to consolidate every 375 of its existing ordinary shares into one ordinary share.

Diamonds are not just known for being a woman’s best friend, but they also make a good investment in anyone’s portfolio. But apart from buying sparkly diamond jewellery, there are other ways that investors can invest in the diamond industry. Several analysts are now seeing value in Sarine Techno...

ADVANCED Systems Automation has agreed to fully acquire a video gaming company, Excelgames Interactive Asia Holdings, for a base consideration of S$120 million in a transaction that will constitute a reverse takeover (RTO) upon completion.

Advanced Systems Automation has entered into a conditional sale and purchase agreement (SPA) with Samuel Ong Chee Ming, Roland Ong Toon Wah and Alan Leung Wing Lun for the 100% acquisition of Excelgames Interactive Asia Holdings for a base consideration of $120 million. Of the amount, $114 million w...

ADVANCED Systems Automation has agreed to fully acquire a video gaming company, Excelgames Interactive Asia Holdings, for a base consideration of S$120 million in a transaction that will constitute a reverse takeover (RTO) upon completion.

Asti Holdings, has, on Feb 26, entered into a sale and purchase agreement (SPA) with Advanced Systems Automation Limited to acquire 100% of the shareholding interest in Emerald Precision Engineering, Yumei Technologies, Yumei REIT and Pioneer Venture. The acquisition consideration comprises a base c...

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