subsidiary

Natural Cool makes foray into F&B industry with million-dollar acquisition
SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is venturing into the food and beverage (F&B) industry by acquiring the business and assets of Yummy YM and SFB Global for $0.98 million. Yummy and SFB Global are the manufacturers, distributors and retailers of cooked-food products and beverages & confections, respectively. The former company ...
Global Yellow Pages disposes 80% stake in eFusion for $1.2 mil
SINGAPORE (May 19): Directory publisher Global Yellow Pages is selling 80% of its 100% shareholding in eFusion Solutions, a provider of direct and channel marketing services, to Samara Ventures for a cash consideration of $1.2 million. Following completion of the transaction, eFusion will cease to be a subsidiary of the group. Samara Ventures is a Singapore-incorporated investment holding ...
ST Engineering establishes subsidiary in Saudi Arabia for $3.2 mil
SINGAPORE (Feb 21): ST Electronics has set up a subsidiary, ST Electronics (Saudi Arabia) (STSA), in Riyadh, Saudi Arabia – with a paid up capital of 8.4 million Saudi Riyals ($3.2 million). ST Electronics is the electronics arm of ST Engineering. In a Tuesday filing, the group states that STSA will offer ST Electronics’ engineering services for mass rapid transit projects, intelligent ...