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Provider: Reuters Investment Profile
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St James Holdings Ltd Enters Into Joint Ventures, Divestments Of Existing Business Units And Acquisitions Of New Businesses


Wednesday, 26 Jun 2013 08:29am EDT 

St James Holdings Ltd announced that pursuant to ongoing reviews of the Company’s business operations, the Board is considering restructuring the Company’s business. Such restructuring may include, inter alia, entering into joint ventures, divestments of existing business units and acquisitions of new businesses. In this regard, the Board has separately appointed PrimePartners Corporate Finance Pte. Ltd. as financial adviser in relation to the potential acquisitions of new businesses by the Company. The Board will update shareholders on material developments in due course. 

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25 Jul 2014