Corporate digest

Alliance Mineral Assets

ALLIANCE Mineral Assets on Wednesday said it was brought to its attention that its substantial shareholder, Hong Kong-listed Burwill Holdings, had made an announcement on March 26 of its intention to acquire about HK$30 million (S$5 million) of the company's shares in connection with a corporate exercise of Burwill.

Oxley Holdings

A UNIT of Oxley Holdings has agreed to sell a 300-year lease of No 1 Dublin Landings for a total of 164.20 million euros (S$266.87 million) to Sol Estate Propco IE Dublin Landings SARL, the developer announced on Wednesday evening.

Second Chance Properties

SECOND Chance Properties, a property firm and a retailer of gold jewellery and apparel, on Wednesday posted a flat net profit for its fiscal second quarter, reflecting in part a slip in revenue. Net profit for the three months ended Feb 28, 2018 stood at S$1.96 million, compared to S$1.98 million in the same period a year ago.


LIBRA Group, which provides mechanical and electrical engineering services, said it has completed its S$12 million acquisition of a 51 per cent stake in a Malaysia-based tourism and retail-related business from its company's CEO.

IEV Holdings

IEV Holdings, which offers offshore engineering services, on Wednesday said its independent auditors have flagged "material uncertainty" over the business based on its financial statement for the year ended Dec 31, 2017.