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Year in Review: Best places to work in Singapore in 2020

Year in Review: Best places to work in Singapore in 2020
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Reliance To Buy Out IMG Worldwide From Sports Management JV

Dec 25 2020, 2:52 PM December 25 2020, 2:52 PM December 25 2020, 2:52 PM Reliance Industries Ltd. has agreed to buy out IMG Worldwide LLC from their sports management joint venture, IMC-Reliance Ltd. Reliance Industries Ltd. has agreed to buy out IMG Worldwide LLC from their sports management joint venture, IMC-Reliance Ltd. India’s biggest company by market value said in an exchange filing on Friday it will rebrand the company after buying out IMG Worldwide’s stake, for Rs 52.08 crore. “The company has entered into definitive agreements to acquire the shares held by IMG Singapore Pte Ltd. in IMG-R, for a cash consideration not exceeding Rs 52.08 crore,” the filing said. IMG Singapore Pte Ltd. is a wholly-owned subsidiary of IMG, holding 50% of share capital in IMG-R.

Craftsman Automation Files IPO Papers With SEBI

BW Businessworld Craftsman Automation Files IPO Papers With SEBI The IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an offer for sale of up to 45,21,450 shares by promoter and existing shareholders, draft red herring prospectus filed with Sebi showed. Photo Credit : Auto component maker Craftsman Automation has filed preliminary papers with capital markets watchdog Sebi to float an initial share-sale. The IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an offer for sale of up to 45,21,450 shares by promoter and existing shareholders, draft red herring prospectus filed with Sebi showed.

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