NeraTel
Ennoconn Corp garners 63.77% of NeraTel shares at offer close
This comes after Ennoconn had in September agreed to buy 53.38% of the mainboard-listed company
Sias calls for NeraTel shareholders to reject privatisation offer
This was also recommended by independent financial advisor SAC Capital and NeraTel’s independent directors
NeraTel receives mandatory offer from Ennoconn Corp at S$0.075 per share
The shares acquired will be held by Ennoconn Solutions Singapore, a wholly owned subsidiary

NeraTel grants option to purchase Defu Lane property for S$6.3m
NERA Telecommunications has granted De Tian Holdings an option to purchase the company's leasehold interest in a Defu Lane property for a consideration of S$6.3 million.
NeraTel receives bills of demand relating to tax liabilities of S$3.62m
NERA Telecommunications N01 said its foreign subsidiaries have received bills of demand relating to tax liabilities for an estimated total amount of S$3.62 million.

NeraTel bags S$11.7m in new contracts
IT infrastructure provider Nera Telecommunications on Monday announced contract and purchase orders worth about S$11.7 million.

Corporate digest
GLOBAL Premium Hotels (GPH) announced after trading hours on Tuesday the acquisition of a hotel property in Australia's Tasmania state for A$7.2 million (S$7.7 million) through a newly incorporated su...
Brokers' take
STARHUB reported a better-than- expected set of Q2 16 results last evening; while revenue fell 0.6 per cent year on year (yoy) to S$585.7 million, net profit jumped 9.6 per cent yoy to S$108.6 million...

Brokers' take
Q1 results of ComfortDelGro Corp (CDG) and SMRT Corp came in within our expectations. We believe the focus for Singapore land transport sector should still be on catalysts driven by regulatory changes...