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LUY - Raffles Infrastructure Holdings News Story

S$0.435 0.0  0.0%

Last Trade - 29/07/20

Sector
Industrials
Size
Micro Cap
Market Cap £16.4m
Enterprise Value £7.55m
Revenue £20.5m
Position in Universe 5191st / 5988

BRIEF-Raffles Infrastructure Says Magic Micro Is Co's New Synergistic Controlling Shareholder

Thu 3rd October, 2019 3:43pm
Oct 4 (Reuters) - Raffles Infrastructure Holdings Ltd
 RAFL.SI :
    * ANNOUNCE SIGNING OF MOU TO ESTABLISH STRATEGIC COOPERATION
IN
INFRASTRUCTURE INVESTMENT OPPORTUNITIES IN GLOBAL MARKET
    * MAGIC MICRO CO. LTD ACQUIRED 13.8 MILLION SHARES FOR ABOUT
S$6.9
MILLION TO BECOME GROUP'S NEW SYNERGISTIC CONTROLLING
SHAREHOLDER
    * MMC & CO TO EXPLORE PARTNERSHIPS INCLUDING FINANCIAL,
TECHNOLOGICAL COOPERATION IN INFRASTRUCTURE & SMART CITY
PROJECTS

Source text for Eikon:  ID:nSNXSBrH 
Further company coverage:  RAFL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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