innopac
Innopac to delist on June 30, no exit offer received
TROUBLED Innopac Holdings will be delisted from the Singapore bourse at 9am on June 30.

Innopac signs MOU to acquire cable manufacturer in struggle for survival
EMBATTLED Innopac Holdings has entered a non-binding memorandum of understanding to partially or fully acquire FEC Power, a manufacturer and supplier of cables to the power, telecommunications and aut...

Innopac's bid for judicial management dismissed due to unsuccessful application to adjourn court hearing
INNOPAC Holdings has clarified that its application to be placed under judicial management (JM) has been dismissed as a result of an unsuccessful application to adjourn the court hearing for the appli...
The pandemic is changing the role of innovation hubs
A YEAR ago, we were celebrating the global startup economy and its US$3 trillion contribution in economic value.

Innopac Q4 loss widens to S$2.1m on rising costs
INVESTMENT holding company Innopac Holdings' net loss for the fourth quarter ended June 30 widened to S$2.1 million from S$446,000 a year ago, on declining revenue and rising other expenses and staff ...

Innopac Q4 loss widens to S$2.1m on rising costs
INVESTMENT holding company Innopac Holdings' net loss for the fourth quarter ended June 30, widened to S$2.1 million from S$446,000 a year ago, on declining revenue and rising other expenses and staff...

Corporate digest
CHEMICALS and biotech company Lonza Group will buy a sterile drug product fill-and-finish facility in Stein, Switzerland, from Novartis. Lonza, which has a secondary listing on the Singapore Exchange,...

Corporate digest
OFFSHORE vessel builder Nam Cheong's indirect subsidiary SKOSV SDN BHD has clinched three-year chartering contracts for three offshore support vessels worth about RM80 million (S$26.3 million), with a...

Innopac CEO resigns amid queries over acquired biz
CEO of Innopac Holdings Wong Chin Yong has resigned, just about a month after the firm was directed by the Singapore Exchange (SGX) to explain how it assessed businesses that the firm had planned to s...

Shareholders right to have misgivings over Magnus Energy's headlong rush into microalgae farming
Innopac's project to harvest algae for biofuel has gone belly up; even cash-rich energy giant ExxonMobil is moving cautiously, with a modest targeted output by 2025