SGX:1R6

2 stories mentioning SGX:1R6Updated 40d ago

Every FINWIRES story that references SGX:1R6, newest first.

Global Wave Venture Acquires Minority Stake in Avi-Tech for SG$17 Million

Global Wave Venture acquired 51.1 million shares in Avi-Tech (SGX:1R6) for SG$17 million, according to a Thursday filing with the Singapore Exchange.Following the transaction, Global Wave has a 29.9% stake in the technology company, the filing added.The transaction was conducted through W Capital Markets.Following the completion of the transaction, Lim Eng Hong has stepped down from his role as the company's chief executive officer, while Lim Tai Meng Alvin has also stepped down as the company's chief operating officer.

SGX:1R6

Asia57d ago

Avi-Tech Pulls Plug on SG$19 Million Investment in Create Technologies

Avi-Tech (SGX:1R6) has decided to pull the plug on its proposed SG$18.9 million investment in Create Technologies, according to a Thursday filing with the Singapore Exchange.Shares of the engineering manufacturing services company were down over 2% in Friday trading.The decision to terminate the deal was taken following additional review and assessment of the business, the filing said.

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