Keppel Subsidiary M1 Limited to Acquire Majority Stake in Vietnam's ADG National Investment

MT Newswires10-29 10:12

Keppel's (SGX:BN4) wholly owned subsidiary, M1 Limited, agreed to acquire a 70% stake in Vietnam-based ADG National Investment and Technology Development through the unit's subsidiary, AP Tech Holding, for a maximum aggregate consideration of about 719.88 billion Vietnamese dong.

The transaction will be settled through a combination of subscription of new shares to be issued by ADG and purchase of shares of all existing shareholders, according to a filing with the Singapore Exchange on Tuesday.

ADG's principal activities involve the distribution of information and communication technology in Singapore.

Price (SGD): S$6.46, Change: S$-0.020, Percent Change: -0.31%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479903804?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 10:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479903804","market":"sg","top_or_hot":-1,"title":"Keppel Subsidiary M1 Limited to Acquire Majority Stake in Vietnam's ADG National Investment","media":"MT Newswires","content":"<html><body><p> Keppel's (SGX:BN4) wholly owned subsidiary, M1 Limited, agreed to acquire a 70% stake in Vietnam-based ADG National Investment and Technology Development through the unit's subsidiary, AP Tech Holding, for a maximum aggregate consideration of about 719.88 billion Vietnamese dong.</p><p>The transaction will be settled through a combination of subscription of new shares to be issued by ADG and purchase of shares of all existing shareholders, according to a filing with the Singapore Exchange on Tuesday.</p><p>ADG's principal activities involve the distribution of information and communication technology in Singapore.</p><p>Price (SGD): S$6.46, Change: S$-0.020, Percent Change: -0.31%</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Subsidiary M1 Limited to Acquire Majority Stake in Vietnam's ADG National Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Subsidiary M1 Limited to Acquire Majority Stake in Vietnam's ADG National Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keppel's (SGX:BN4) wholly owned subsidiary, M1 Limited, agreed to acquire a 70% stake in Vietnam-based ADG National Investment and Technology Development through the unit's subsidiary, AP Tech Holding...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999000475.SGD","symbol_name":"Aberdeen Standard Singapore Equity SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479903804","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479903804","pubTimestamp":1730167977,"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Keppel's  wholly owned subsidiary, M1 Limited, agreed to acquire a 70% stake in Vietnam-based ADG National Investment and Technology Development through the unit's subsidiary, AP Tech Holding, for a maximum aggregate consideration of about 719.88 billion Vietnamese dong.The transaction will be settled through a combination of subscription of new shares to be issued by ADG and purchase of shares of all existing shareholders, according to a filing with the Singapore Exchange on Tuesday.ADG's principal activities involve the distribution of information and communication technology in Singapore.Price : S$6.46, Change: S$-0.020, Percent Change: -0.31%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6111":"工业集团企业","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999013478.USD":"利安新加坡股息基金","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK6523":"ESG概念","BK6505":"周期性消费品与消费者服务","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BN4.SI":"吉宝有限公司","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC"},"translate_title":"吉宝子公司M1 Limited将收购越南ADG National Investment多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BN4.SI":1},"content_text":"Keppel's (SGX:BN4) wholly owned subsidiary, M1 Limited, agreed to acquire a 70% stake in Vietnam-based ADG National Investment and Technology Development through the unit's subsidiary, AP Tech Holding, for a maximum aggregate consideration of about 719.88 billion Vietnamese dong.The transaction will be settled through a combination of subscription of new shares to be issued by ADG and purchase of shares of all existing shareholders, according to a filing with the Singapore Exchange on Tuesday.ADG's principal activities involve the distribution of information and communication technology in Singapore.Price (SGD): S$6.46, Change: S$-0.020, Percent Change: -0.31%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479903804"}