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| Monday, March 25, 2019 |
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New Silkroutes Group sells its energy unit for US$10 million |
| New Silkroutes Group Limited ("NSG", or the "Company" and together with its subsidiaries, the "Group") today announced that its wholly-owned subsidiary, New Silkroutes Capital Pte. Ltd, has signed a share sale and purchase agreement with TK Energy Limited for the disposal of the Company's entire shareholding interests in International Energy Group Pte. Ltd. ("IEG") for US$10,000,000 in cash. more info >> |
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| Thursday, October 19, 2017 |
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New Silkroutes Group to Acquire 66% Stake in European Fund Manager Culross Global |
| New Silkroutes Group Limited ("NSG") wholly-owned subsidiary New Silkroutes Capital Pte Ltd ("NSC") will acquire a 66% stake in European fund manager Culross Global Holdings Limited and all its related companies (collectively "Culross Global") in a deal worth US$2.6 million. more info >> |
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| Wednesday, October 11, 2017 |
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New Silkroutes Group to Add More Clinics to Dental Portfolio to Further Expand Healthcare Business |
| Healthsciences International Pte Ltd ("HSI"), through its fully owned subsidiary HSI Nominees A Pte Ltd, will pay approximately S$3.2 million to acquire a 70% stake in three dental clinics in Singapore as part of efforts to accelerate its growth. HSI is a subsidiary of New Silkroutes Group Limited ("NSG" or the "Group") and holds the Group's healthcare investments. more info >> |
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| Monday, May 29, 2017 |
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New Silkroutes Group to Buy 8 Dental Clinics and 2 Dental Equipment Suppliers in Bid to Expand Healthcare Business |
| New Silkroutes Group Limited will acquire majority control of eight dental clinics and two dental equipment suppliers in Singapore in a deal worth S$5.28 million, paving the way for it to expand the capabilities of its recently installed healthcare subsidiary, Healthsciences International Pte Ltd. more info >> |
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| Wednesday, May 10, 2017 |
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New Silkroutes Group Upgrades FY2017 Revenue Forecast for Oil Trading to US$400M from US$310M as Energy Unit turns in Another Strong Quarter |
| New Silkroutes Group Limited ("NSG" or the "Group") has raised its revenue forecast for oil trading by 29% to US$400 million for its current financial year ending 30 June 2017, following another quarter of strong performance by its wholly-owned International Energy Group Pte Ltd. more info >> |
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| Wednesday, March 1, 2017 |
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New Silkroutes Group Forms Joint-Venture Company for Real Estate Asset Management |
| New Silkroutes Group Limited ("NSG" or the "Group") announced today its foray into real estate investment with the launch of a joint-venture company that will focus on residential and commercial projects in the world's three largest economies and several other Asian markets. more info >> |
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| Monday, February 13, 2017 |
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New Silkroutes Group's Oil & Gas Unit Reports Highest-Ever Quarterly Revenue and Net Profit |
| New Silkroutes Group Limited ("NSG" or the "Group"), an investment holding company with core capabilities in energy trading and healthcare management, said today its wholly-owned International Energy Group Pte Ltd ("IEG") has achieved its biggest quarterly revenue and net profit since the oil and gas subsidiary started operations in June 2015. more info >> |
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| Friday, February 3, 2017 |
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New Silkroutes Group to Take 80% Stake in New York Broker-Dealer and Investment Bank CG Capital Markets for US$14.4m |
| New Silkroutes Group Limited ("NSG") will acquire an 80% stake in New York-based CG Capital Markets Holdings LLC ("CGCMH") and all its subsidiaries, including FINRA-registered broker-dealer CG Capital Markets LLC ("CGCM"), for US$14.4 million, in a major push to expand its own investment business and diversify its business lines. more info >> |
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| Tuesday, October 18, 2016 |
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New Silkroutes Group Signs MoU with Unit of Chinese Shipbuilder CSIC |
| New Silkroutes Group Limited has signed a memorandum of understanding with China Shipbuilding Industry Equipment and Materials Co Ltd to procure crude oil and petroleum products for the state-owned capital goods supplier and to explore collaboration in China and Singapore. more info >> |
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| Friday, October 7, 2016 |
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New Silkroutes Group in Joint Venture to Offer Private Equity Funds in Asia Pacific |
| New Silkroutes Group ("NSG" or "the Group") has formed a joint venture with three parties, including the Singapore subsidiary of China's Nanshan Group, to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific region, including Japan and Australia. more info >> |
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