SINGAPORE (Nov 16): Earlier this year, Avarga, formerly known as UPP Holdings, said it was acquiring a 23.08% stake in local start-up Archisen for up to $1.5 million in three separate tranches. Ian Tong, Avarga’s executive director, is on ­Archisen’s board. Tong is also the executive director...

MAINBOARD-LISTED Avarga Limited posted a 12.1 per cent fall in net profit for the third quarter to S$7.8 million from S$8.9 million the preceding year primarily due to decreased gross margin dollars of building products business of Taiga Building Products Ltd, the group said in a Singapore...