termination

Contracts

Keppel and Awilco Drilling part ways on construction of mid-water harsh environment rig contract worth US$425 mil

SINGAPORE (June 9): Keppel FELS has received a notice from Awilco Drilling’s wholly-owned subsidiary Awilco Rig, to terminate a contract to build a mid-water semisubmersible drilling rig for harsh

M&A

Singapore Myanmar Investco's sale of TPR Myanmar crumbles over unmet terms

SINGAPORE (April 8): Singapore Myanmar Invesco’s (SMI) intended sale of its telecommunic

Management & Corporate Governance

Pine Capital hit by allegations of control lapses, conflict of interest; requests trading suspension

SINGAPORE (Mar 22): Pine Capital Group’s board of directors have asked for a trading suspension with immediate effect.

Oxley's potential $950 mil deal falls through after Gracious Land defaults on $38 mil deposit

Property

Oxley's potential $950 mil deal falls through after Gracious Land defaults on $38 mil deposit

SINGAPORE (Mar 20): Oxley Gem, a subsidiary of Oxley Holdings, has terminated the

Update

Second potential offeror rescinds expression of interest to acquire Procurri less than 24 hours later

SINGAPORE (Feb 8): Procurri Corporation says the second potential offeror to express interest in acquiring the company after New State Capital Partners LLC has now decided to terminate further disc

Addvalue Technologies aborts share placement agreement with KGI Securities

SINGAPORE (June 19): Addvalue Technologies and KGI Securities (Singapore) have mutually agreed to terminate with immediate effect the placement agreement announced on April 30.

Datapulse calls off $10.5 mil acquisition of Toa Payoh industrial property

SINGAPORE (Nov 14): Datapulse Technology has terminated its option to purchase an industrial property located in Toa Payoh for a consideration of $10.5 million, after failing to obtain an approval

Vibrant announces termination of proposed sale of Changi South property to Sabana REIT

SINGAPORE (May 9): The proposed sale and leaseback of a four-storey light industrial building at 47 Changi South Ave 2, which Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Saba

Be informed of the stories that matter