straits trading co ltd
Transactions by STRAITS TRADING CO LTD (STRTR) in the last 6 months
United Engineers Ltd. (SGX:U04) made an offer to acquire additional 3.69% stake in WBL Corporation Limited (SGX:W01) for SGD 45.5 million on November 19, 2013. United Engineers offered SGD 4.45 per share of WBL Corporation. United Engineers and related entities own 96.31% stake in WBL and United Engineers intends to delist WBL. United Engineers will also acquire all the outstanding convertible bonds of WBL not already owned. The offer is subject to the SGX-ST granting ...
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The Straits Trading Company Limited
The Straits Trading Company Limited (SGX:S20) (STC) entered into a share purchase agreements to acquire 20.1% stake in ARA Asset Management Limited (SGX:D1R) from Cheung Kong Investment Company Limited and Lim Hwee Chiang for approximately SGD 290 million on October 28, 2013. Cheung Kong will sell 6.03% stake in ARA Asset Management for SGD 88.3 million in cash and Lim Hwee Chiang will sell 14.07% stake in ARA Asset Management for SGD 156.1 million in cash and issue ...
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