CATALIST-LISTED company Incredible Holdings will be issuing a new circular for a proposed placement of shares and warrants to include the appointment of an independent financial adviser for the exercise and other details.

Catalist-listed Incredible Holdings has signed a sale purchase agreement (SPA) to acquire a 42% stake watch trading firm in Golden Ultra for HK$84 mil ($14.6 million) on Oct 18. According to Incredible, the acquisition is in line with its strategy to build and develop an e-commerce and e-marketplace...

Pang Yiu Kai, a long-time insider of the Jardine group, has increased his stake in Jardine Matheson Holdings, the listed flagship entity. On Oct 5 and 7, Pang acquired 10,000 shares for an average of US$52.83 ($71.67). Just a couple of weeks earlier on Sept 27, Pang had acquired 100,000 Hongkong Lan...

Incredible Holdings believes it is not necessary for a valuation exercise to be done for the planned acquisition of a retail business in Denmark, as the target has yet to start operating and therefore, there’s no historical track record to form the basis of the valuation. Incredible was responding...

Incredible Holdings is buying a Danish company selling watches, gold, silver and other jewellery in an all-cash deal of around DKK5,200,000, around $1.128 million. The target company was incorporated around six months ago on Dec 2 2020. It has a registered capital of DKK40,000, or around $8,600. Upo...

A mid the resurgence of new Covid-19 cases, this year’s AGM season was like last year’s — largely devoid of physical presence. Retail shareholders miss their usual bento boxes and NTUC vouchers, as proceedings go online and meetings were fronted by masked-up directors. Now, even with growing w...

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

CATALIST-LISTED apparel retailer Incredible Holdings inked deals on Tuesday to borrow up to S$9.41 million from companies linked to a controlling shareholder.

CATALIST-LISTED Vashion Group, which changed its name to Incredible Holdings on Nov 28, plans to dispose of its wholly-owned unit Switech Systems & Marketing for an expected net gain of S$55,000, it said on Monday.