EpiCentre plans to move into regional property on RTO plan
Loss-making Apple reseller says it will divest both its core business and recently acquired beauty unit
Add BT as a preferred source
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CATALIST-LISTED EpiCentre Holdings could be going into the regional property business through a reverse takeover, it said on Wednesday.
It is also axing a rights-cum-warrant issue, turning instead to a fresh share placement, in a move that executive chairman and acting chief executive Kenneth Lim said is meant to snag strategic investors to support the new businesses.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
