LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Investment  :  Kridhan Infra's arm acquires 50.2% stake in Singapore based company 'SHL'

Kridhan Infra's arm acquires 50.2% stake in Singapore based company 'SHL' (16-Aug-2016)

Kridhan Infra through its Singapore subsidiary - KH Foges has acquired a majority stake of 50.2% with Singapore's leading public listed EPC company 'Swee Hong' (SHL). Pursuant to the agreement, KH Foges has subscribed to 1400 million shares representing 50.2% of the enlarged share capital in SHL and 500 million new warrants to subscribe for additional shares in SHL. Each warrant entitles the holder to subscribe for one new share in SHL.

Swee Hong is one of the leading EPC Company in Singapore listed on the Main Board of Singapore Stock Exchange (SGX), engages in the civil engineering and tunneling works in Singapore with over 50 years of experience. Over the years, Swee Hong has grown from strength to strength to cover entire spectrum of EPC services with expertise in tunneling, sewer works, bridge works, roads works, flyovers, among others. The EPC order book of SHL stood at SGD 120 million as on March 31, 2016.

Kridhan Infra, an ISO 9001:2008 certified company, is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.



Top News Today
Rama Vision gets appointed as distributor of Nuby's products
(21-Feb-2018)

Rama Vision gets appointed as distributor of NubyRama Vision has been appointed as the distributor of Nuby's products of Nuby Asia Pacific, which is an established Baby Care Brand of USA for distribution of all its infant care products in India.Rama......click on news to read complete article.

Parag Milk Foods wins two awards for 'Gowardhan Ghee'
(21-Feb-2018)

Parag Milk Foods wins two awards for Parag Milk Foods has received two prestigious awards for its flagship product - Gowardhan Ghee. Consumer Voice ranked Gowardhan Ghee as No. 1 in product testing and The Brand Trust Report declared Gowardhan......click on news to read complete article.

IRIS Business Services bags two orders in South Africa
(21-Feb-2018)

IRIS Business Services bags two orders in South AfricaSouth Africa's business registry, the Competition and Intellectual Property commission (CIPC) has launched its pilot XBRL filing program with technology from global XBRL major, IRIS Business Services.Additionally,......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals on Wednesday
(21-Feb-2018)

Asian markets trade mostly higher in early deals on WednesdayAsian equity benchmarks are trading mostly in green in early deals on Wednesday, supported by better-than-expected manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day......click on news to read complete article.

Asian markets trade mostly higher in early deals on Wednesday
(21-Feb-2018)

Asian markets trade mostly higher in early deals on WednesdayAsian equity benchmarks are trading mostly in green in early deals on Wednesday, supported by better-than-expected manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day......click on news to read complete article.

US markets snap six-day winning streak
(21-Feb-2018)

US markets snap six-day winning streakThe US market snapped six-day winning streak on Tuesday, with the Dow and S&P 500 weighed down by a steep loss for Walmart as investors also watched climbing bond yields, which could make equities......click on news to read complete article.

 

     
  
Recent Investment News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.