Intraco Scraps Acquisition of 51% Stake in Digital Asset Platform

INTRACO is terminating its proposed acquisition of a 51 per cent stake in digital asset platform MHC Digital, slightly over two years after the mainboard-listed trading company inked an agreement to do so with Australian entrepreneurs Mark Carnegie and Sergei Sergienko, or MHC’s sellers.

Business TimesApr 22 04:07 ET

Intraco Shelves Acquisition Plan

Intraco (SGX:I06) agreed to terminate a 51% acquisition agreement with Mark Carnegie and Sergei Sergienko for the acquisition of paid-up shares in MHC Digital SG, according to a filing with the Singap

MT NewswiresApr 22 01:49 ET

Singaporean Shares Rebound on Wednesday; Intraco's Shares Surge 7%

Singapore Strait Times Index opened at a high on Wednesday and continued trading high at the close, despite overnight losses in global markets. During the day, the benchmark index ranged between 3,114

MT NewswiresMar 6 04:45 ET

Intraco Issues Fourth Series of Digital Securities

Intraco Limited (SGX:I06) raised SG$5 million from its issue of the fourth series of commercial papers in digital securities with a 30-day tenure at 4.4% per annum, according to a filing with the Sing

MT NewswiresMar 5 22:34 ET

Intraco Returns to Attributable Profit in H2 2023; Revenue Falls 9%

Intraco (SGX:I06) posted an attributable profit to equity holders of SG$2.8 million in the second half of 2023, compared with an attributable loss of SG$0.3 million in the year-ago period. Earnings pe

MT NewswiresFeb 26 02:31 ET

Intraco to Book Substantial Increase in 2023 Profitability

Intraco (SGX:I06) expects to book a "significant increase" in profitability in 2023 after posting a net loss in the year-ago period. The animal feed concentrates manufacturer attributed the positive f

MT NewswiresFeb 7 02:38 ET