SG Dealbook: Weiye to relist Eindec on Catalist; A-Sonic picks majority in UK logistics firm

SG Dealbook: Weiye to relist Eindec on Catalist; A-Sonic picks majority in UK logistics firm

Singapore firms are looking at capital raising and acquisitions to fortify their positions in overseas markets. Weiye Holdings will be spinning off Eindec Corp onto the Catalist board to raise growth capital for expanding capacity to meet increased demand for air filtration equipment in China. A-Sonic Aerospace is strengthening its position in Europe, with the acquisition of a majority stake in a UK logistics firm.

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