Reverse takeover

Marco Polo Marine shares plans to unlock value

CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion

A reverse takeover allows a private company to go public by taking control of a publicly-traded company, thereby becoming publicly-listed more quickly than through an initial public offering.

Incredible Holdings announces possible reverse takeover by Hong Kong AI company

Cambridge Artificial Intelligence and Incredible Holdings have entered a non-binding MOU to explore the transaction

Skylink CEO Wesley Shen notes that the Catalist listing provides the company with greater visibility and access to capital markets.

Skylink opens at S$0.245 following reverse takeover by Sincap

It aims to raise S$9.2 million from a share placement and bond issuance

In a bourse filing on Mar 11, the board of Incredible Holdings said that the proposed transaction is part of the group’s corporate strategy to diversify returns and achieve long-term growth.

Suspended Incredible Holdings to be target of proposed reverse takeover by Malaysian firm

The agreement involves the exchange of a prime land asset for shares in the Catalist-listed company

Five Singapore companies made their Nasdaq debuts in the first half of this year.

More misses than hits for Singapore firms that listed in the US in H1

Despite all the drawbacks, analysts say that the US market remains more attractive than the local bourse

Axington bought the entire shareholding stake in Malaysian firm Achieva Technology and a 49 per cent shareholding interest in Achieva Digital (Thailand) under the reverse takeover.

Computer products distributor Serial Achieva debuts on Catalist

CATALIST-debutant Serial Achieva starts trading on Thursday (Jun 27), following the completion of a reverse takeover by Axington Inc.

Chairman Sean Goh (left), with chief executive officer Kenny Sim; Serial Achieva mainly distributes consumer products, but Goh sees an opportunity for the company to move towards serving the enterprise space.

Serial Achieva seeks access to capital markets to grow regional IT distribution business 

It will do so through a reverse takeover transaction with Catalist-listed Axington

APS cites "adverse current market conditions" as the reason that both parties mutually agreed not to extend the deal's long stop date.

Asia-Pacific Strategic Investments’ acquisition of MoneySmart falls through

ASIA-PACIFIC Strategic Investments (APS) will no longer acquire Catapult Ventures, which owns personal financial marketplace MoneySmart.

Purported white knights should be made to disclose their intentions.

Take care that so-called white knights don’t circumvent tougher due diligence standards

THE more stringent due diligence standards for corporate finance (CF) advisers have drawn mixed reactions from market commentators, based on the story published in The Business Times on Mar 16.

The new acquisition will result in a reverse takeover of APS.

Asia-Pacific Strategic Investments to acquire MoneySmart at raised price tag of S$221.5m

HOTEL operator Asia-Pacific Strategic Investments (APS) on Friday (Nov 4) proposed to acquire Catapult Ventures, which owns personal financial marketplace MoneySmart, for a raised price tag of S$221.5...