Corporate digest
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Lian Beng
CONSTRUCTION group Lian Beng has agreed to sell its recently accumulated substantial stake in media storage products seller Datapulse Technology for about S$7.59 million in cash to Datapulse's executive deputy chairman and chief executive officer Ng Cheow Chye, it said in a Singapore Exchange (SGX) filing on Thursday.
The sum that it will get for those shares appears to be significantly above their market value based on Datapulse's last closing price, though it is unclear what Lian Beng bought them for.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
