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mDR unveils move to acquire Japan firm in RTO deal

Published Mon, Jul 6, 2015 · 09:50 PM

Singapore

SINGAPORE-LISTED mDR Ltd is poised to acquire a Japan-based company engaged primarily in the business of developing and providing mobile content.

It's is a "very substantial acquisition" or "reverse takeover" (RTO), mDR said on Monday. The expected consideration is between S$110 million and S$165 million, to be made in cash, shares and convertible debt.

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Companies & Markets

Companies & Markets

mDR unveils move to acquire Japan firm in RTO deal

Companies & Markets

DBS Q1 profit up 15% to S$2.95 billion; interim dividend at S$0.54 per share

KKR’s earnings rise 20% on strong management fees, annuities business

Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global

Mastercard’s profit beats as consumer spending defies inflation worries

Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show

Qualcomm forecast beats estimates as AI drives chip sales in China

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