CATALIST-listed investment firm Pine Capital has injected a further S$189,819 of cash into 51 per cent-owned subsidiary Advance Capital Partners Asset Management (ACPAM) to help the unit meet base capital requirements.

CATALIST-LISTED Pine Capital has injected more capital into its 51 per cent-owned subsidiary, Advance Capital Partners Asset Management (ACPAM), by acquiring 393 new ordinary shares for an aggregate cash consideration of S$189,819.

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

CATALIST-LISTED Pine Capital Group's chief operating officer (COO) has stepped down from the role after assuming the position in November last year.

FINANCIAL services firm Pine Capital Group has signed a memorandum of understanding (MOU) with the Provincial Council of the Eastern Province of Sri Lanka to invest in and develop an extent of land in Eastern Province, Sri Lanka.

SINGAPORE (Dec 11): Pine Capital, the financial services group specialising in fund and asset management services, is acquiring a 51% stake in Hong Kong-based asset management firm for HK$2.55 million ($0.45 million) in shares. Incorporated in Hong Kong in June 2010, Silver Tree Holdings is license...

FINANCIAL services group Pine Capital plans to buy up to a 51 per cent stake in Hong Kong-based asset management firm Silver Tree Hong Kong for HK$2.55 million (S$447,368.43) in shares, according to an announcement on Monday before the market opened.

CATALIST-LISTED financial services group Pine Capital on Monday entered into an agreement with individual David Sarkis for the proposed acquisition of up to a 51 per cent or 20.6 million share stake in Hong Kong-based asset management firm Silver Tree Hong Kong for a total of HK$2.55 millio...

THE following companies saw new developments which may affect trading of their shares on Wednesday:

SINGAPORE (Nov 28): Pine Capital Group, the asset management group with US$3 billion in AUM, is raising gross proceeds of $2.15 million from placement of 799 million shares at 0.27 cent each to privately owned management consultancy firm, JMO. JMO has also agreed to extend a loan of $2.7 million to...

PINE Capital Group is seeking to raise gross proceeds in excess of S$2.15 million from placement of shares representing 13.67 per cent of its existing issued equity or 12.03 per cent of its enlarged shareholding to private-owned management consultancy firm, JMO Pte Ltd.