Advanced Holdings requests trading halt
ADVANCED Holdings has requested a trading halt before markets opened on Tuesday morning, pending an announcement.
In August, the supplier of proprietary process equipment and clean energy solutions reported a net profit of S$206,000 for the second quarter ended June 30, compared with a net loss of S$1.1 million for the corresponding quarter of the previous year.
It has proposed to acquire Agricore Global via a reverse takeover, and in its last announcement on the acquisition plans, extended the long stop date to Oct 12.
Shares of Advanced Holdings last traded on Oct 3 at S$0.22.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Inside TSMC chairman Mark Liu's short but impactful reign
CSE Global bags US$36.5 million data centre contract extension
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake