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Neo Group Ltd (NEOG.SI)

NEOG.SI on Stock Exchange of Singapore

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Neo Group says it entered into a subscription agreement with Hi-Q Plastic Industries
Tuesday, 21 Mar 2017 05:14am EDT 

Neo Group Ltd - : Company has on 21 March 2017 entered into a subscription agreement with hi-q plastic industries sdn bhd . Deal to subscribe for 416,327 new shares in hi-q at 3.855 rgt for each new share, representing 51% of enlarged issued and paid-up capital of hi-q .Proposed subscription is not expected to have any material impact on eps or net tangible assets per share of group for fy.  Full Article

Neo Group Ltd enters into an exclusive dealing agreement
Monday, 13 Mar 2017 06:45am EDT 

Neo Group Ltd : Entered into an exclusive dealing agreement with Lavish Dine Catering, La Bonnie Pastries and other parties, together known as "vendors" .Under agreement, vendors, Lavish and La Bonnie agreed, among others, to provide co with exclusive right to negotiate proposed acquisition of Lavish.  Full Article

Neo Group Ltd updates in relation to proposed acquisitions
Wednesday, 25 Jan 2017 09:04am EST 

Neo Group Ltd : Updates in relation to proposed acquisitions of U-Market Place Enterprise Pte. Ltd. and Joo Chiat Kim Choo Pte. Ltd . Company has today signed a termination agreement with sellers to formally terminate term sheet .Termination of term sheet is not expected to have a material financial impact on financial performance of company for fy ending 31 March 2017.  Full Article

Neo Group says a unit ceased renewal of licence agreement with Umi Sushi Indonesia
Wednesday, 16 Nov 2016 04:33am EST 

Neo Group Limited - : G&C food investment pte. ltd. ceased renewal of licence agreement with p.t. Umi Sushi Indonesia . Licence agreement in relation to operation of "Umisushi" brand food retail outlet in Indonesia .Non-renewal of licensing agreement is not expect to have any material impact on net tangible assets or eps of co for current fy ending 31 march 2017.  Full Article

Neo Group issues profit guidance
Wednesday, 27 Jul 2016 06:22am EDT 

Neo Group Ltd : Profit guidance) . Group expects to report a net loss for 1Q 2017 . Expected net loss is due to seasonality effect in catering business and competitiveness in retail markets .  Full Article

Neo Group enters into legally binding term sheet with Oh Beng Soon and Oh Geok Cheng
Monday, 13 Jun 2016 05:28am EDT 

Neo Group Ltd : Says entered into a legally binding term sheet with oh Beng Soon and Oh Geok Cheng . Aggregate consideration for the proposed acquisitions is s$1.9 million . Says agreement in relation to proposed acquisition of 55% of each of U-Market Place Enterprise Pte. Ltd. and Joo Chiat Kim Choo Pte. Ltd .  Full Article

Neo Group Ltd enters into sale and purchase agreement
Tuesday, 3 Nov 2015 04:32am EST 

Neo Group Ltd:Says proposed acquisition of ct vegetables & fruits pte ltd.Says entered into a sale and purchase agreement with Teo Kian Lam (TKL) and Ang Lay Cheng.Deal consideration for the proposed acquisition is s$5.4 million.Says cash component of the purchase consideration will be funded by bank borrowings.Says agreement to acquire 90% of the issued and paid-up capital of ct vegetables & fruits pte ltd.  Full Article

Neo Group Ltd announces incorporation of new wholly-owned subsidiary
Wednesday, 13 May 2015 12:04pm EDT 

Neo Group Ltd:Announces the incorporation of a new wholly - owned subsidiary in Singapore, known as Thong Siek Holdings Pte. Ltd on 12 May 2015.Says TSH has an initial issued and paid-up share capital of S$1 comprising 1 share.Says the principal activity of TSH is investment holding.  Full Article

More From Around the Web

BRIEF-Neo Group says it entered into a subscription agreement with Hi-Q Plastic Industries

* Company has on 21 March 2017 entered into a subscription agreement with hi-q plastic industries sdn bhd