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PE firm Novo Tellus s offer to increase stake in Singapore s Procurri falls through

streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi

Novo Tellus unit makes partial offer of 36 5 cents for 51% stake in Proccuri

The Straits Times Vivienne Tay https://str.sg/JjRn They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! SINGAPORE (THE BUSINESS TIMES) - A unit of Procurri Corporation s largest shareholder Novo Tellus on Monday (March 15) launched a partial offer to acquire an additional 27.91 per cent of Procurri s shares at 36.5 cents per share.

Editor s take: The week that was — Feb 15-20

Editor’s take: The week that was Feb 15-20 February 21, 2021 It’s been known for a long time that there were cracks emerging at the Philippines-based prefabricated housing construction firm Revolution Precrafted. This week, the controversies regarding the luxury builder took a new turn when the country’s National Bureau of Investigation, acting on a complaint by contractors and suppliers, decided to probe the company. The complainants said they were duped by the firm, which allegedly led to losses worth $3 million. Established in 2015 by Robbie Antonio, the flamboyant son of the real estate tycoon Jose Antonio, Revolution Precrafted had become the first Philippine unicorn within two years of its founding.

Quarz pares stake in Sunningdale ahead of EGM vote on buyout offer

The Straits Times PublishedFeb 17, 2021, 7:14 am SGT https://str.sg/JHga They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! SINGAPORE (THE BUSINESS TIMES) - Activist investor Quarz Capital Management has reduced its stake in Sunningdale Tech just about a week before an extraordinary general meeting (EGM) for shareholders to vote on the private equity buyout offer for the precision plastic components maker.

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