Corporate digest

Global Invacom Group

SATELLITE communications equipment provider Global Invacom Group said on Thursday that it is contemplating "an acquisition which, if approved and completed, would constitute a reverse takeover". Listed on both the Singapore Exchange and the London Stock Exchange's Alternative Investment Market (AIM), it requested a trading halt on SGX before the market opened on Thursday, with immediate effect. Trading in its shares has also been suspended on AIM.

Singapore Airlines

Singapore Airlines on Thursday launched and priced S$600 million in 3.16 per cent notes due 2023, with DBS Bank, OCBC and UOB as the joint lead managers. These Series 007 notes will be issued at an issue price of 100 per cent of the principal amount and in denominat…