Innovalues could be ripe for M&A: UOB KayHian
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A MERGER or acquisition could be in store for Innovalues, said brokerage UOB KayHian on Friday, after the firm said it was considering "strategic options" to enhance shareholder value.
The precision component manufacturer announced on Thursday that it has appointed Rippledot Capital Advisers to review the options available to the firm, but added that there was no certainty the review will result in any proposal being implemented.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
