MMP Resources

M&A

MMP Resources diversifying into natural gas and energy business with $25 mil stake acquisition in Russia producer

SINGAPORE (Dec 5): Construction company MMP Resources is diversifying into the natural gas and energy business through the proposed $25 million acquisition of a 50% stake in an operating gas field

MMP Resources in bond and share subscription deal to raise $0.2 mil in net proceeds

SINGAPORE (Oct 3): MMP Resources has entered into a bonds subscription and share placement agreement with Maiora Asset Management to raise $229,298 in net proceeds.

Results

MMP Resources turns a profit in FY16 on reversal of loans

SINGAPORE (March 1): MMP Resources, the construction company on the Watchlist of the Singapore Exchange, reported earnings of $4.7 million for the FY16 ended Dec, reversing from the net loss positi

MMP Resources’ Japanese unit enters into management deal with JRT Trading on Chisenupuri Ski Area

SINGAPORE (Nov 29): MMP Resources announced that its Japanese subsidiary, MMP Resources Japan (MMPRJ), has entered into an agreement with JRT Trading to operate and manage the Chisenupuri Ski Area.

MMP Resources mulls potential acquisition of snow operations in Japan

SINGAPORE (Nov 23): MMP Resources has signed a service agreement with Sean Tedore, to review winter travel and leisure assets in Japan that the group intends to acquire.

MMP Resources issues profit guidance for 3Q

Singapore (Oct 20): MMP Resources has issued profit guidance for its 3Q16 results, cautioning shareholders that it expects a net loss.

Stocks To Watch

SPH, ST Engr, Serrano, ISEC, MMP, Marco Polo

SINGAPORE (Oct 17): Here are some factors and stocks that could move the market this Monday morning:

MMP Resources receives updated affidavit with ‘typo’ corrected

SINGAPORE (17 OCT): MMP Resources who is contesting a winding-up application filed by Edward Lee says it has received a second affidavit from Lee.

MMP Resources

MMP Resources to 'vigourously' contest winding up application

SINGAPORE (Oct 7): MMP Resources on Friday announced it is contesting the claims made by Edward Lee Ewe Ming, who has filed an application with the Singapore High Court to wind up the company.

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MMP Resources in MoU to acquire ski resort in Japan

SINGAPORE (July 4): MMP Resources, formerly known as Sino Construction, has signed an MoU to acquire the entire issued share capital of Japan-incorporated JRT Trading.

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