SUBSCRIBERS
Company Briefs
Published Tue, Jul 29, 2014 · 10:00 PM
Rotary Engg disposes of Shanghai unit
ROTARY Engineering yesterday said it has disposed of its 100 per cent equity interest in Rotary Shanghai for 22.2 million yuan (S$4.46 million) in cash.
The consideration was arrived on an arm's length and on a willing-buyer willing-seller basis, after taking into account the subsidiary's tangible and intangible asset values of 20.1 million yuan as at end-May 2014.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
Chevron's quarterly profit beats estimates