Neo Group Limited

Neo Group privatisation offer turns unconditional receiving over 90% of valid acceptances - THE EDGE SINGAPORE

Buyout

Neo Group privatisation offer turns unconditional receiving over 90% of valid acceptances

The offer to take Neo Group private by its founder and chairman Neo Kah Kiat and his wife Liew Oi Peng has become unconditional in all aspects after the pair gained over 90% of the voting rights at

Boldtek's share surge may be attributable to off-market transaction by Neo Group founder - THE EDGE SINGAPORE

SGX query

Boldtek's share surge may be attributable to off-market transaction by Neo Group founder

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Boldtek Holdings at 2.46pm on April 6 after shares in the construction company surged to 11.1 cents around the same time.

Neo Group to acquire manufacturer of homegrown snack brand, Crusty’s for $1.02 mil - THE EDGE SINGAPORE

M&A

Neo Group to acquire manufacturer of homegrown snack brand, Crusty’s for $1.02 mil

Thong Siek Global, the wholly-owned subsidiary of Neo Group Limited, on Feb 3, entered into a legally binding term sheet for the proposed acquisition of Royale International Food Industries (RIFI)

Neo Group's chairman and wife take stake in Asiatic from Tai Sin's Lims - THE EDGE SINGAPORE

Insider moves

Neo Group's chairman and wife take stake in Asiatic from Tai Sin's Lims

Neo Kah Kiat, chairman and CEO of food caterer Neo Group, is now a substantial shareholder of Asiatic Group (Holdings).

Neo Group reports 486.5% surge in 1H earnings to $13.6 mil on higher other income and reduction in operating expenses - THE EDGE SINGAPORE

Results

Neo Group reports 486.5% surge in 1H earnings to $13.6 mil on higher other income and reduction in operating expenses

Neo Group Limited has reported earnings of $13.6 million for the 1HFY2020/2021 ended Sept 30, 2020, some 486.5% up from the earnings of $2.3 million reported a year ago.

M&A

Boldtek enters into joint venture with Neo Group to go into property business

Boldtek Holdings and Neo Group Limited have entered into a joint venture agreement (JVA) on August 28, where the parties intend to establish a joint venture company (JV Company) to carry out the bu

Results

Neo Group FY19 earnings nearly double to $5.4 mil after strong 4Q

SINGAPORE (May 22): Neo Group Limited has announced earnings of $3.9 million for the 4Q ended March, rising 42.8% from $2.7 million a year ago mainly due to higher revenue.   

Lion Dance

Neo Group subsidiary to acquire meatball manufacturer

SINGAPORE (March 27): Neo Group’s 55%-owned subsidiary, Thong Siek Holdings, today entered into an exclusive dealing agreement with numerous parties to acquire their shares in Park Food Manufacturi

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