Nera Telecommunications Ltd (NERA.SI) Key Developments | Reuters.com
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Nera Telecommunications Ltd (NERA.SI)

NERA.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Ingenico Group to acquire Nera Payment Solutions in Singapore
Friday, 20 May 2016 01:26am EDT 

Ingenico Group SA : Announced on Thursday the acquisition of Nera Payment Solutions, a subsidiary of Nera Telecommunications Ltd . Acquisition for S$88 million ($63.8 million) .Completion is expected to take place during Q3 2016.  Full Article

Nera Telecommunications announces proposed disposal of shares in Nera Payment Solutions Pte. Ltd
Thursday, 19 May 2016 07:41pm EDT 

Nera Telecommunications Ltd : Proposed disposal of shares in Nera Payment Solutions Pte. Ltd.) . Entered into a conditional share sale agreement (the "agreement") with Ingenico Group S.A. . Deal for s$88 million . Deal to sell two ordinary shares in the capital of Nera Payment Solutions being all the issued shares in Nera Payment Solutions . Says the company is expected to realise a gain of approximately s$71.5 million from the disposal of the shares .  Full Article

Nera Telecommunications Ltd declares cash dividend
Thursday, 6 Aug 2015 05:12am EDT 

Nera Telecommunications Ltd:Declares cash dividend of SG$0.025 per share.Says record date Aug. 19.Says EX date Aug. 17.Says pay date Aug. 28.  Full Article

Nera Telecommunications Ltd announces contract of S$13.1 million
Monday, 18 May 2015 05:32am EDT 

Nera Telecommunications Ltd:Says its wholly-owned subsidiary has received a contract of approximately SGD13.1 million.Says Contract is in relation to the supply, delivery, installation, testing, commissioning and maintenance of IP network equipment and software, for a nation-wide broadband project in South East Asia.  Full Article

Nera Telecommunications Ltd resignation of Chief Financial Officer
Monday, 4 May 2015 08:47am EDT 

Nera Telecommunications Ltd:Resignation of Chief Financial Officer Lim Gee Kiat.  Full Article

Nera Telecommunications Ltd establishes new branch office
Friday, 17 Apr 2015 05:16am EDT 

Nera Telecommunications Ltd:Established a new branch office in Ho Chi Minh City.Name of New Branch Office - Nera Telecommunications (Vietnam) Co., Ltd. – Ho Chi Minh City Branch.The Principal activities is Installation, Maintenance, Service and Repair of Info-communications and Telecommunications equipment.  Full Article

Nera Telecommunications Ltd declares final (one-tier) cash dividend
Tuesday, 24 Feb 2015 05:31am EST 

Nera Telecommunications Ltd:Declares final (one-tier) cash dividend of S$0.02 per share.Payable on May 20.Record date as of May 7.Ex-dividend date is May 5.  Full Article

Nera Telecommunications Ltd announces incorporation of a new subsidiary company in The Socialist Republic Of Vietnam
Wednesday, 1 Oct 2014 05:30am EDT 

Nera Telecommunications Ltd:Says it has incorporated a new subsidiary namely Nera Telecommunications (Vietnam) Co., Ltd, in the Socialist Republic of Vietnam.Says investment in the subsidiary is funded through internal resources.  Full Article

Nera Telecommunications Ltd receives purchase orders of about S$57 mln in aggregate
Tuesday, 30 Sep 2014 06:42am EDT 

Nera Telecommunications Ltd:Says the company and its subsidiaries have received purchase orders of about S$57 mln in aggregate.Says S$37 mln for the supply, delivery, installation, commissioning and maintenance of IP and Broadcast network equipment to various customers in South East Asia.Says S$20 mln for the supply, delivery, installation, commissioning and maintenance of microwave radio equipment to various customers in South East Asia, Middle East and Africa.Says of the S$57 mln received, S$5.7 million is from Myanmar and Nigeria, two new markets that the company has ventured into.  Full Article

Nera Telecommunications Ltd to pay interim dividend
Tuesday, 5 Aug 2014 06:20am EDT 

Nera Telecommunications Ltd:Says interim dividend of S$0.02 per share.Payable on Aug. 29.Record date on Aug. 19.Ex date on Aug. 15.  Full Article

BRIEF-Ingenico Group to acquire Nera Payment Solutions in Singapore

* Announced on Thursday the acquisition of Nera Payment Solutions, a subsidiary of Nera Telecommunications Ltd