$Tupperware Brands (TUP.US)$ had a phenomenal 2020 thanks to hyper demand for at-home meal containers at the onset of the pandemic. Then 2021 came along with difficult comparisons and reopened restaurants. By the end of the year the stock lost half its value.
Things are looking up again for the old school packaging specialist. Searching for a much-needed bottom, Tupperware recently notched a pair of significant technical events. First, its share price crossed the 50-day moving average which sugg...
Things are looking up again for the old school packaging specialist. Searching for a much-needed bottom, Tupperware recently notched a pair of significant technical events. First, its share price crossed the 50-day moving average which sugg...
1
Bill Miller, a long-time investor, stated Wednesday that $Tupperware Brands (TUP.US)$ was a great value investment to ride the economic boom.
1
Dominus Capital's acquisition of $Koufu (VL6.SG)$ turned unconditional on Thursday, with the offeror having accumulated valid acceptances equivalent to approximately 90.12% of the total issued share capital.
According to the exchange disclosure on Thursday, as of Thursday, January 27, the offeror and its concert parties collectively hold, control, or have agreed to acquire 90.13% of the total shares.
Furthermore, as the public shareholding falls below 10%, Koufu Group loses its free float status. Hence, the Singapore Exchange will suspend trading of the company at the conclusion of the offer.
The quote will expire on February 23.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021, led by Koufu's CEO Pang Lim and its director Ng Hoon Tien through an investment company established for privatization of the company.
According to the exchange disclosure on Thursday, as of Thursday, January 27, the offeror and its concert parties collectively hold, control, or have agreed to acquire 90.13% of the total shares.
Furthermore, as the public shareholding falls below 10%, Koufu Group loses its free float status. Hence, the Singapore Exchange will suspend trading of the company at the conclusion of the offer.
The quote will expire on February 23.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021, led by Koufu's CEO Pang Lim and its director Ng Hoon Tien through an investment company established for privatization of the company.
Translated
5
According to the exchange disclosure on January 4, $United Global (43P.SG)$ the privatization offer has accumulated enough valid acceptances to exceed the 90% mandatory acquisition threshold.
As of January 4, the offeror DWM Investments and its concert parties have received valid acceptances, representing approximately 92.72% of the total shares of United Global.
Therefore, the offeror intends to exercise its compulsory acquisition rights to acquire all the shares of United Global at its offer price of SGD 0.45 (USD 0.33) per share after the offer ends on January 25. Upon completion of the transaction, United Global will be delisted from the Singapore Exchange.
As of January 4, the offeror DWM Investments and its concert parties have received valid acceptances, representing approximately 92.72% of the total shares of United Global.
Therefore, the offeror intends to exercise its compulsory acquisition rights to acquire all the shares of United Global at its offer price of SGD 0.45 (USD 0.33) per share after the offer ends on January 25. Upon completion of the transaction, United Global will be delisted from the Singapore Exchange.
Translated
loading...
1
According to the exchange disclosure later that day, $Keppel DC Reit (AJBU.SG)$completed the acquisition of the Bracknell datacenter in the United Kingdom on Tuesday.
This property, which covers an area of 94,867 square feet, will be named the London datacenter. It consists of three interconnected two-story buildings, including a datacenter space and auxiliary office space.
The real estate investment trust acquired the datacenter from a joint venture between Fiera Real Estate and SEDCO Capital for a price of 57 million British pounds (77.7 million US dollars).
This property, which covers an area of 94,867 square feet, will be named the London datacenter. It consists of three interconnected two-story buildings, including a datacenter space and auxiliary office space.
The real estate investment trust acquired the datacenter from a joint venture between Fiera Real Estate and SEDCO Capital for a price of 57 million British pounds (77.7 million US dollars).
Translated
1
11
Koufu Group $Koufu (VL6.SG)$ Profit attributable to owners jumped from S$2.5 million a year ago to S$9.9 million ($7.3 million) in the first half of 2021 due to increased customer traffic at its food stores and the newly acquired Deli Asia business. A group of four manufacturers of traditional snacks and dough products.
The food court and coffee shop operator's revenue increased 18.8% from S$89 million to S$105.7 million, according to information released on Tuesday.
An interim dividend of S$0.01 per share will be paid on September 8 to shareholders registered as of August 25.
The food court and coffee shop operator's revenue increased 18.8% from S$89 million to S$105.7 million, according to information released on Tuesday.
An interim dividend of S$0.01 per share will be paid on September 8 to shareholders registered as of August 25.
Translated
3
1
$Nanofilm (MZH.SG)$announced the appointment of Gary Ho Hock Yong as executive director replacing Lee Liang Huang as executive director after the latter quit. Mr Ho will also be a member of the board risk committee.
5
1