MAINBOARD-LISTED corporate services provider Boardroom plans to buy subsidiaries of a Malaysian company in the same line of business.
Boardroom inked a conditional share sale agreement on July 13 with Symphony House Group, it said in an announcement on Monday morning.
It will pay about RM164.1 million (S$55.6 million) for the Symphony Corporatehouse Sdn Bhd unit and three wholly owned subsidiaries, which offer accounting and payroll services, share registration, and issuing services for primary market securities offerings, among other businesses.
GUEST: When Facebook and Twitter launched, pundits and prognosticators envisioned a future in which still more social networks would bloom. Now we can count the number of major social networks pretty easily. We may see a similar thinning among companies the media has dubbed “disruptors” — companies that have transformed a traditional way of doing things […]