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Express News | The Maltese Parliament approves De Bono as new president
Southern Archipelago Books Lower Profit, Revenue in H2 2023
Southern Archipelago's (SGX:A33) attributable income to equity holders fell to SG$559,000 in the second half of 2023, from SG$1.1 million a year earlier. Earnings per share for H2 2023 dropped to SG$0
Southern Archipelago Axes Mendol Investments, Hinako Investments Acquisition Deal
Southern Archipelago (SGX:A33) has terminated the deal to acquire 100% of Mendol Investments and Hinako Investments for SG$43.2 million, citing "market conditions" and time required to complete the tr
Southern Archipelago Flags Losses for H1
Southern Archipelago (SGX:A33) expects to incur net losses in the first half of the year, mainly due to the recognition of share options expenses relating to the grant of options under its share optio
Aliaxis' bid for Orbono drew widespread attention
Gronghui May 24 丨 Belgian company Aliaxis's active bid for Finland's UPNRF.US (UPNRF.US) attracted the attention of potential bidders around the world. On Monday, water management group Aliaxis made an all-cash purchase offer worth 1.87 billion euros to plumbing system manufacturer Overno, a 3% increase from last month's initial offer. Overno declined both offers. Hans Sohlstrom, a member of the board of directors of Orbono, said that Aliaxis's bid had attracted widespread attention. According to sources, the Swiss industrial group Georg Fischer is also discussing
International Commercial Settlement (00147.HK): Avonold intends to inject no more than 100 million yuan into Fujian Youyoukang
Glonghui May 12 丨 International Commercial Settlement (00147.HK) announced that on May 12, 2023, (i) the company's indirect non-wholly-owned subsidiary Hong Kong Youyoukang is directly wholly owned by Hong Kong Youyoukang; (ii) Hong Kong Youqikang is directly wholly owned subsidiary of Fujian Youqang; and (iii) Avonold (Beijing) Medical Technology Co., Ltd. (a company listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, stock code: 688050), (“iBonorod”) entered into a letter of intent that is not legally binding. According to this, Evernode intends to invest no more than Youkang in Fujian RMB 100 million. Elbonoord's possible capital injection, no
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