Addvalue Tech

Two corporate transactions have been quietly telling a bigger story about Singapore’s market this week. One involves a landmark S$3.9 billion deal that puts one of Orchard Road’s most recognisable ass...

The business it plans to spin off may garner a lofty valuation on Nasdaq, but its own shares may be plagued by a holding company discount

Addvalue Solutions deals with the group’s activities involving the Inter-Satellite Data Relay System

Addvalue is also a ‘rare Asian space/drone play in rapid growth mode’, say analysts

It aims to realise the business’ full potential via strategic options, particularly US opportunities

ST Engineering and local telcos are among the expected potential beneficiaries

They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology industry

It does not expect the commencement of arbitration proceedings to have a material impact on the company’s financial position

A SUBSIDIARY of Addvalue Technologies will supply satellite communication solutions to more than 1,000 Chinese fishing vessels, the mainboard-listed firm said on Monday.