- Singapore’s Goodpack Ltd confirmed on Tuesday it is in discussions with KKR & Co about a possible buyout by the US private equity firm, the company said in a statement.The announcement follows reports on Monday that KKR was nearing the deal. If successful, the purchase of Goodpack would be KKR’s first purchase of a listed company from its latest Asia fund.
- IE Singapore and the Nanjing Health Bureau plan to facilitate exchanges between Singapore and Nanjing’s public and private sectors to encourage collaboration in the healthcare sector. Both parties will identify and support a commercially-driven, demonstrative healthcare platform project spanning different sectors such as master-planning, smart healthcare solutions and healthcare and wellness services.
- SHARES of Valuetronics extended gains on Tuesday. Phillip Capital on Tuesday initiated coverage on the integrated electronics manufacturing service provider, with a “buy” rating and a target price of 43 Singapore cents, representing a potential 28 per cent upside.
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