Evgeny Tugolukov
00:00 — 16.06.2021 / Media coverage

Corporate digest

Don Agro Adopts Autonomous Driving System for Agricultural Machinery

Singapore Exchange

BOND issuers in the Asia-Pacific can opt to showcase their green, social and sustainability (GSS) bonds to global investors, under a partnership between the Singapore Exchange (SGX) and Nasdaq.

This will make available standardised environmental, social and governance (ESG) data covering areas such as pre-issuance frameworks and certifications as well as post-issuance allocation and impact. 

The partnership is meant to make GSS bonds in the region more accessible and transparent, SGX said.

Global issuers can voluntarily publish key information and data on GSS bonds on Nasdaq's sustainable bond network. The addition of SGX data to this platform expands the network to 650 issuers and about 6,500 bonds. 

THE voluntary conditional offer to take Cheung Woh Technologies private at 28.5 Singapore cents per share has turned unconditional, the high-precision engineering product manufacturer said.

Valid acceptances and the total shares owned, controlled or agreed to be acquired by the offeror Woh Seng Holdings and its concert parties amounted to 90.15 per cent as at 6pm on Monday.

The offeror, owned by Cheung Woh's finance and administrative director Law Yu Chui and her family members, will exercise its right of compulsory acquisition of all remaining shares and delist Cheung Woh.  

Hanwell Holdings

SAM Goi Seng Hui, non-executive chairman of Hanwall Holdings, on Monday acquired 39.4 million shares of the company for some S$16.5 million, via an off-market transaction. That brought his stake to 29.8 per cent, up from 22.7 per cent, the consumer products provider disclosed on Tuesday. Mr Goi had bought the shares held by former Hanwell director Tang Cheuk Chee.

After the announcements, the mainboard-listed stock climbed 11.4 per cent or five Singapore cents to finish Tuesday at 49 cents. 

Don Agro International

RUSSIA-BASED Don Agro International will be applying to its crop harvesters an autonomous-driving system for agricultural machinery.

The technology, powered by artificial intelligence, is expected to help increase total daily output and reduce harvesting time, the Catalist-listed firm said.