FINWIRES · TerminalLIVE
FINWIRES

SGX:XVG

6 stories mentioning SGX:XVGUpdated 21d ago

Every FINWIRES story that references SGX:XVG, newest first.

Asia

Aedge Group Targets SG$3.5 Million Fund Raise Through Share Placement

Aedge Group (SGX:XVG) aims to raise around SG$3.5 million by placing 16.7 million new shares at SG$ 0.21 each, for which it has entered an underwritten placement agreement on Friday, according to a same-day filing to the Singapore stock exchange.After accounting for the estimated fees and expenses, the net proceeds will be around SG$3.4 million, the multi-services provider said.The new shares amount to about 10.29% of the existing share capital of 161.9 million and around 9.33% of the enlarged capital of 178.6 million shares.Proceeds from the proposed placement will be used to support the growth of its investment properties division, strengthen its general working capital position, and to broaden its shareholder base, which may in turn improve its trading liquidity.

SGX:XVG
Asia

Singapore Shares Surge Over Rebound in Chipmaker Stocks; HS Optimus Zooms 17%

Singapore shares surged on Tuesday as investor sentiment drove a rebound in the chipmaker sector.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,493.02 and 5,543.89 throughout the day. It ended the session at 5,526.72, up 27.77 points or 0.5% compared to Monday's close.On the corporate front, shares of HS Optimus (SGX:504) surged nearly 17% at the close as it completed the acquisition of a 30% stake in Medicorp and issued 185.2 million shares to the seller.Frasers Centrepoint Trust (SGX:J69U) secured a tender for a mixed-use commercial and residential site at Bayshore Drive in Singapore for SG$2.1 billion.Meanwhile, Aedge Group's (SGX:XVG) subsidiary, IPF Investments, exercised an option to acquire a freehold property in Singapore for SG$7.5 million.

^STISGX:504SGX:J69USGX:XVG
Asia

Aedge Group Unit to Buy Commercial Property for SG$7.5 Million

Aedge Group's (SGX:XVG) subsidiary, IPF Investments, exercised an option to acquire a freehold property in Singapore for SG$7.5 million, according to a Monday bourse filing.The property has a land area of around 297.4 square meters and is currently tenanted at a monthly rent of SG$20,000.The acquisition will be funded through a combination of internal resources and bank borrowings and is expected to be completed on or before Oct. 13.

SGX:XVG
Asia

Aedge Completes Acquisition of Leasehold Property

Aedge (SGX:XVG) completed the acquisition of a leasehold property in Singapore, according to a Tuesday filing with the Singapore Exchange.Earlier, the company's subsidiary, HPF, was granted an option to purchase the balance of the lease from Jurong Town Corporation for a piece of land and buildings in Singapore by Chutex for SG$14 million.

SGX:XVG
Asia

Aedge Secures Nearly $3 Million Offshore Contract

Aedge (SGX:XVG) secured two additional contracts worth $2.8 million from a major offshore and marine engineering business, according to a Friday filing with the Singapore Exchange.The contract is for the supply of specialized grating systems and associated components for offshore and energy infrastructure projects.Following the new contract awards, the company has secured three contracts totaling around $4.3 million from the repeat client.

SGX:XVG
Asia

Aedge Unit Bags New Singapore Dormitory License

Aedge's (SGX:XVG) subsidiary, Gems Dormitory, secured a Class 3 license from the Ministry of Manpower, allowing it to operate a dormitory at 4 Tuas in Singapore named Beryl House, according to a Tuesday bourse filing.Under Singaporean regulations, a Class 3 license covers dormitories with an occupancy of around 999 beds, with Gems Dormitory's total bed capacity standing at 707 beds. Following the new license, the company will progressively increase occupancy at Beryl House.Gens Dormitory's other property, Amethyst House, which comprises 299 beds, already has a Class 2 license.Shares of the manpower services company closed over 7% on Tuesday.

SGX:XVG

Track with the FINWIRES app suite

FolioX
FolioX
Track SGX:XVG in your portfolio
WheelAI
WheelAI
Analyze SGX:XVG options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SGX:XVG