SUBSCRIBERS
Halcyon Agri to acquire 2 firms for S$105.3m, adding 4 factories
With the latest acquisition, the group has added a total of 192,000 tonnes to its annual processing capabilities
Published Mon, Jan 15, 2018 · 09:50 PM
Singapore
NATURAL rubber supply chain manager Halcyon Agri Corporation Limited has signed a conditional sale and purchase agreement to acquire PT Sumber Djantin and PT Sumber Alam for S$105.3 million.
Upon completion, the acquisition will add four Standard Indonesian Rubber (SIR) factories, located i…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UPS profit beats estimates as cost cuts offset weak delivery demand
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
General Motors beats quarterly results targets, raises forecast
Soilbuild bags contracts worth S$81 million
Spotify’s monthly user numbers miss estimates on lower promotions
China bubble-tea chain Chabaidao plunges on Hong Kong debut