The Business Times
business-time-50
SUBSCRIBERS

Lereno Bio-Chem shoots for third RTO attempt as second one falls through

google-preferred-sourceAdd BT as a preferred source
Nisha Ramchandani

Nisha Ramchandani

Published Fri, Sep 29, 2017 · 09:50 PM

Singapore

CASH company Lereno Bio-Chem has been unsuccessful in its second reverse takeover (RTO) attempt after its sales agreement with Kenyalang Property Development Sdn Bhd fell through.

However, it has gone on to ink a new RTO pact with Knit Textile and Apparel.

lereno bio-chem

TRENDING NOW

Third-gen owner Edmond Wong is not concerned about “vanity” metrics, and instead aims to “sustain a good business”.

Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage

Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee.

Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now

The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

Be wary of sales pitches that dangle high income but are not explicit on where risks lurk.

Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More