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Silverlake Axis Ltd (SLVX.SI)

SLVX.SI on Stock Exchange of Singapore

0.58SGD
24 Mar 2017
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Wed, Mar 8 2017

BRIEF-Silverlake Axis updates on stake in Global Infotech Co

* GIT announced that SAL had advised GIT that it may sell up to 19 million of its GIT shares within six- month period commencing from 29 March 2017 Source text for Eikon: Further company coverage:

BRIEF-Silverlake Axis says it was approached by Goh Peng Ooi with request to express interest to buy interests in his various Silverlake Private Entities

* Approached by Goh Peng Ooi with request to express possible interest to acquire shareholding interests in his various silverlake private entities

BRIEF-Silverlake Axis Ltd sells shares of Global Infotech Co.

* Sale shares were sold, pursuant to aforesaid block trade, for an aggregate cash consideration of RMB86.82 million

BRIEF-Silverlake Axis posts Q2 net profit 246.3 million rgt

* "Project related revenue segments are affected due to reduced capital expenditure by customers"

BRIEF-Silverlake Axis secures core banking contracts from financial institutions in Thailand

* Silverlake Axis secures core banking contracts from financial institutions in Thailand

BRIEF-Silverlake Axis announces sale of shares in Global Infotech Co

* SAL, being one of substantial shareholders of GIT, had advised GIT that it may sell up to 20.8 mln of its GIT shares Source text for Eikon: Further company coverage:

BRIEF-Silverlake Axis sells further 4.2 mln GIT shares

* Company has sold a further 4.2 mln GIT shares by block trade on Chinext

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