USP Group plans to sell its biofuel unit to raise cash and focus on its marine business, the loss-making company announced on Wednesday evening.

MAINBOARD-LISTED USP Group has reported a net loss of S$380,000 for the third quarter ended Dec 31, 2018, from a net profit of S$806,000 a year ago. Loss per share was at 0.48 Singapore cent,...

mDR Ltd, an investment firm that also distributes and sells mobile phones and various consumer electronics products, on Wednesday picked up a 14.25 per cent stake in USP Group for S$1.2 million....