SHS Holdings Ltd (SEEH.SI) Key Developments | Reuters.com
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SHS Holdings Ltd (SEEH.SI)

SEEH.SI on Stock Exchange of Singapore

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

SHS Holdings says TLC secured contract from a local private developer in New Zealand
Thursday, 16 Jun 2016 10:11am EDT 

SHS Holdings Ltd : TLC has secured a NZ$11.2 million contract from a local private developer . Says TLC has signed a letter of intent with a major private equity fund that invests in hotel properties .  Full Article

SHS Holdings enters into binding HOA with Teng Choon Kiat, Entraco Venture Corporate
Friday, 27 May 2016 07:53am EDT 

SHS Holdings Ltd : Heads of agreement in relation to the proposed acquisition) . Consideration for the proposed acquisition will range from approximately s$56.25 million to s$75 million . Company and unit, entered into a binding heads of agreement with Teng Choon Kiat and Entraco Venture Corporate Pte Ltd . Deal related to acquisition of 100% of total issued,paid-up share capitals in Entraco Marine Engineering,Entraco Offshore,Tamaco Private, Euronavy Coatings(S) .  Full Article

SHS Holdings Ltd sells two subsidiaries
Friday, 18 Sep 2015 05:51am EDT 

SHS Holdings Ltd:Signed an agreement with Brenntag (Holding) B.V. subsidiary of Brenntag AG, for disposal of its entire shareholding interests in two subsidiaries, namely Tat Petroleum Pte Ltd and Axxmo International Pte Ltd, as well as PT Tat Petroleum Co. Ltd, a unit of Tat Singapore.The total cash consideration for the Refined Petroleum Distribution Business is estimated to be S$100.3 mln to be used for working capital requirements, general corporate purposes and reducing the external borrowings of the group.  Full Article

SHS Holdings Ltd to pay final cash dividend
Friday, 27 Feb 2015 08:54am EST 

SHS Holdings Ltd:To pay final cash dividend of S$0.0093 per share.Payable on May 20.Record date as on May 12.Ex-dividend date is May 8.  Full Article

SHS Holdings Ltd announces incorporation of a new subsidiary
Tuesday, 3 Feb 2015 05:53am EST 

SHS Holdings Ltd:Company has set up new subsidiary in Singapore, namely, Sinenergy Pte. Ltd.Sinenergy is 80 pct owned by Hetat Holdings Pte Ltd, a wholly owned subsidiary of the Company, with the remaining 20 pct held equally by Lee Kok Leong (LKL) and Chua Kok Keong.Sinenergy will have an initial paid up capital of S$10,000, and its principal activity is to supply and install mechanical and electrical works (including solar panels).  Full Article

See Hup Seng Ltd 's subsidiary announces extension of lease in respect of the Hetat property
Wednesday, 26 Nov 2014 04:41am EST 

See Hup Seng Ltd:Says Hetat Holdings, a subsidiary of the company, has accepted an offer from JTC dated Nov. 05 granting an extension of the lease in respect of the Hetat Property for a further term of 15 years and one month from Sept. 01, 2019.Says the rent for the extension term shall be at an initial rate based on the market rent prevailing on or about the commencement of the Extension Term as determined by JTC, subject to revision on Sept. 01 of every year to market rate.Says the increase, if any, shall not exceed 5.5 pct of the rent for each immediate preceding year.  Full Article

See Hup Seng Ltd announces completion of the first tranche of investment in Aenergy Holdings Company Limited
Friday, 31 Oct 2014 05:35am EDT 

See Hup Seng Ltd:Refers to the announcement made on Sept. 29, in relation to conditional investment agreement entered with Aenergy Holdings Company Ltd and ISDN Investments Pte. Ltd.Says pursuant to the investment agreement, it will subscribe, in tranches, for such number of new ordinary shares representing a resultant shareholding interest of 25 pct in Aenergy at an aggregate subscription price of up to $8 mln.Says completion of the first tranche of the Investment has taken place on Oct. 31.Says at the initial completion, it has paid the initial subscription price of $2.5 mln to Aenergy and Aenergy had allotted and issued to the company such number of Subscription Shares representing the Subscription Interest of 25 pct in Aenergy.Says accordingly, the company is now a shareholder of, and holds a shareholding interest of 25 pct in, Aenergy.  Full Article

See Hup Seng Ltd announces setting up of a new subsidiary
Thursday, 23 Oct 2014 06:21am EDT 

See Hup Seng Ltd:Says it has set up a new subsidiary in Brunei, namely, Seri Hetat Engineering Sdn Bhd.Says Hetat Brunei is 99.9 pct owned by Hetat Pte Ltd, with the remaining 0.1 pct held by Hetat Holdings Pte Ltd (both are 100 pct owned subsidiaries of the company).Says Hetat Brunei will have an initial paid-up capital of B$1,000.Says the paid up capital and future working capital requirements of Hetat Brunei will be financed by internal resources.  Full Article

See Hup Seng Ltd proposes restructuring and name change
Sunday, 3 Aug 2014 05:53pm EDT 

See Hup Seng Ltd:Proposes to undertake internal restructuring exercise to segregate corrosion prevention business and operations into wholly owned subsidiary See Hup Seng CP Pte. Ltd.Announces proposal to change name to SHS Holdings Ltd.  Full Article

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