Key Developments: Advanced Holdings Ltd (ADVA.SI)

ADVA.SI on Stock Exchange of Singapore

0.19SGD
24 Oct 2014
Price Change (% chg)

$-0.01 (-5.00%)
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Latest Key Developments (Source: Significant Developments)

Advanced Holdings Ltd receives letter of awards worth S$9 million
Thursday, 24 Jul 2014 08:41am EDT 

Advanced Holdings Ltd:Receives Letter of Awards totaling about S$9 mln rovide process equipment and analyser systems in the region.Pojects are scheduled to be completed by first half of year 2015, with deliveries over next few quarters.  Full Article

Advanced Holdings Ltd final cash dividend of S$0.0060 per ordinary share
Wednesday, 26 Feb 2014 06:09am EST 

Advanced Holdings Ltd:Declared final (one-tier tax exempt) cash dividend of S$0.0060 per ordinary share for the financial year ended Dec. 31, 2013.Payable date to be announced later.  Full Article

Advanced Holdings Ltd memorandum of understanding for acquisition of BD Crane & Engineering Pte Ltd
Friday, 17 Jan 2014 05:07am EST 

Advanced Holdings Ltd:Says with its group entered into memorandum of understanding with BD Cranetech Pte Ltd pursuant to which it is proposed that the Company shall acquire the entire share capital of BD Crane & Engineering Pte Ltd.Says Vendor currently holds 100pct of the entire issued and paid up share capital of BDCE and it is intended that the Vendor will, prior to completion of the proposed acquisition, transfer or procure the transfer of its entire crane business.Terms were not disclosed.  Full Article

Advanced Holdings Ltd Does Not Declare Dividend
Tuesday, 12 Nov 2013 05:19am EST 

Advanced Holdings Ltd announced that no dividend has been declared for the quarter ended September 30, 2013.  Full Article

Advanced Holdings Ltd's Subsidiary Announces Acquisition Of Guided Wave Europe BVBA
Friday, 16 Aug 2013 06:57am EDT 

Advanced Holdings Ltd announced that its wholly-owned subsidiary, Analytical Technology & Control Limited, has acquired all the shares of Guided Wave Europe BVBA (GWE) from another subsidiary in the Group, Guided Wave Incorporated (GWI), in which the Group holds 91.5% shareholding interest (the Acquisition). Prior to the Acquisition, the Group held 91.5% shareholding interest in GWE through GWI. As a result of this Acquisition, the Group’s shareholding interest in GWE is now increased from 91.5% to 100%. The consideration for the Acquisition was EUR195,231 (approximately SGD322,000) and the proportionate consideration relating to the additional 8.5% shareholding interest acquired by the Group is therefore EUR16,692 (approximately SGD28,000).  Full Article

Advanced Holdings Ltd's Advanced Engineering Holdings Pte Ltd Announces Investment In SAS Sofraser Through Subscription Of New Shares
Monday, 24 Jun 2013 06:39am EDT 

Advanced Holdings Ltd announced that its wholly owned subsidiary, Advanced Engineering Holdings Pte Ltd (the Purchaser), has entered into a Subscription Agreement to subscribe new shares constituting 31% of the enlarged share capital in SAS Sofraser (Sofraser) (the Subscription). Sofraser is registered in France and specializes in the research, design and manufacture of process viscometers. Sofraser is headquartered in Villemandeur, France. Following the completion of the Subscription, Sofraser will become an associate of the Company through the Purchaser. The consideration for the Subscription was EUR600,000 (approximately SGD1,008,000) (Consideration). The Consideration was fully satisfied in cash and financed through internal resources of the Company. Pursuant to the terms of the Subscription, the Purchaser is granted an option to acquire an additional 21% stake of Sofraser from the shareholder of Sofraser (the Option). The Option is exercisable at the end of the fifth anniversary of the Subscription.  Full Article

Advanced Holdings Ltd's Subsidiary Announces Disposal of Joint Venture
Tuesday, 4 Jun 2013 06:23am EDT 

Advanced Holdings Ltd announced that its wholly owned subsidiary, Advanced Resources Holdings Pte Ltd has disposed its entire 51% shareholding in its investment in the joint venture company, Advanced XianXing Water Reclamation (Yanting) Co., Ltd. The consideration for the Disposal was RMB9,727,153 (approximately SGD2,004,000) and will be fully paid in cash in two tranches.  Full Article

Advanced Holdings Ltd Does Not Declare Dividend
Wednesday, 15 May 2013 06:45am EDT 

Advanced Holdings Ltd announced that no dividend has been declared/recommended for the period ended march 31, 2013.  Full Article

Advanced Holdings Ltd Declares Final Cash Dividend
Tuesday, 26 Feb 2013 09:08am EST 

Advanced Holdings Ltd announced that the Board declared final (one-tier tax exempt) cash dividend of 0.30 cents per ordinary share for the financial year ended December 31, 2012 ( 0.60 cents per ordinary share for the financial year ended December 31, 2011). The payable date to be announced later.  Full Article

Advanced Holdings Ltd.'s Subsidiary Acquires Majority Stake In Atom Instrument LLC
Wednesday, 30 Jan 2013 05:13am EST 

Advanced Holdings Ltd. announced that its wholly owned subsidiary, Advanced Environmental Technologies Pte Ltd (the Purchaser), has entered into a Subscription Agreement to acquire a majority stake in Atom Instrument LLC (ATOM). ATOM is registered in the United States of America and engaged in the research, development and manufacture of elemental analyzers used for measuring sulphur and nitrogen compounds using the Excimer UV Fluorescence (EUVF) technologies. The business is headquartered in Houston, Texas. The Consideration was fully satisfied in cash and financed through internal resources of the Company.  Full Article

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