Press release
NTG Holding Ltd Increases Stake in 9R Limited, Strengthens Influence in Supply Chain and Family Entertainment Sectors
NTG Holding Ltd has announced a substantial increase in its shareholding in 9R Limited (SGX: 1Y1), reflecting growing confidence in the company's leadership in supply chain management and family entertainment. According to the latest filing with the Singapore Exchange (Form 3), NTG raised its stake from 20.44% to 24.32%, an increase of 42,288,858 shares.
NTG's subsidiaries - Irelia Management Sdn. Bhd. ("Irelia"), Tristan Management Sdn. Bhd. ("Tristan"), Synergy Supply Chain Management Sdn. Bhd. ("SSCM"), and SFF Venture Sdn. Bhd. ("SFF") - were used to execute this increase, boosting NTG's total shareholding from 222,214,804 shares to 264,503,662 shares.
Image: https://www.getnews.info/uploads/4f402499dadc24365291c6080da09911.jpeg
Strengthening in Key Sectors
9R Limited operates across two primary divisions: supply chain management, through its subsidiaries DSC and DSCSG, and family entertainment, under its brand 9R Leisure. The company addresses critical challenges in supply chain efficiency while also expanding its presence in lifestyle and entertainment, particularly in family leisure spaces. NTG's increased stake aligns with its vision to support companies at the forefront of innovation in these high-potential sectors.
Image: https://www.getnews.info/uploads/40f27327af913c3719f4c2ebaea944d7.jpeg
Long-term Strategic Commitment
By increasing its investment, NTG seeks to play a more active role in supporting 9R's ongoing growth in these sectors. This move is consistent with NTG's strategy of strengthening its influence in key industries where it sees significant future growth opportunities. 9R's dual focus on improving supply chain efficiencies and diversifying into family entertainment makes it an attractive long-term investment for NTG.
About NTG Holding Ltd
NTG Holding Ltd is a diversified investment group.Through its strategic investments, NTG continues to build its portfolio across industries with strong growth trajectories, particularly in Southeast Asia.
This increased shareholding was disclosed in compliance with SGX regulations and highlights NTG's commitment to 9R Limited's success in the supply chain and entertainment industries. For more information about 9R Limited, visit 9R Limited's website [https://www.9rlimited.com/] (SGX Links [https://links.sgx.com/1.0.0/corporate-announcements/MQMNDZX8QY3QUWBK/1c7cd8cd0b1f246605a2e8794630ab420a3c63297ad4026f254e3220b1b0b478])(SG Investors Share [https://sginvestors.io/sgx/stock/1y1-9r/company-announcement]).
Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Changes in Interest of Substantial Shareholder - NTG Holding Ltd
https://links.sgx.com/1.0.0/corporate-announcements/MQMNDZX8QY3QUWBK/1c7cd8cd0b1f246605a2e8794630ab420a3c63297ad4026f254e3220b1b0b478
Media Contact
Company Name: NTG Holding
Contact Person: Stewart
Email: Send Email [http://www.universalpressrelease.com/?pr=ntg-holding-ltd-increases-stake-in-9r-limited-strengthens-influence-in-supply-chain-and-family-entertainment-sectors]
Country: Singapore
Website: http://ntgholdingltd.com/
NTG's subsidiaries - Irelia Management Sdn. Bhd. ("Irelia"), Tristan Management Sdn. Bhd. ("Tristan"), Synergy Supply Chain Management Sdn. Bhd. ("SSCM"), and SFF Venture Sdn. Bhd. ("SFF") - were used to execute this increase, boosting NTG's total shareholding from 222,214,804 shares to 264,503,662 shares.
Image: https://www.getnews.info/uploads/4f402499dadc24365291c6080da09911.jpeg
Strengthening in Key Sectors
9R Limited operates across two primary divisions: supply chain management, through its subsidiaries DSC and DSCSG, and family entertainment, under its brand 9R Leisure. The company addresses critical challenges in supply chain efficiency while also expanding its presence in lifestyle and entertainment, particularly in family leisure spaces. NTG's increased stake aligns with its vision to support companies at the forefront of innovation in these high-potential sectors.
Image: https://www.getnews.info/uploads/40f27327af913c3719f4c2ebaea944d7.jpeg
Long-term Strategic Commitment
By increasing its investment, NTG seeks to play a more active role in supporting 9R's ongoing growth in these sectors. This move is consistent with NTG's strategy of strengthening its influence in key industries where it sees significant future growth opportunities. 9R's dual focus on improving supply chain efficiencies and diversifying into family entertainment makes it an attractive long-term investment for NTG.
About NTG Holding Ltd
NTG Holding Ltd is a diversified investment group.Through its strategic investments, NTG continues to build its portfolio across industries with strong growth trajectories, particularly in Southeast Asia.
This increased shareholding was disclosed in compliance with SGX regulations and highlights NTG's commitment to 9R Limited's success in the supply chain and entertainment industries. For more information about 9R Limited, visit 9R Limited's website [https://www.9rlimited.com/] (SGX Links [https://links.sgx.com/1.0.0/corporate-announcements/MQMNDZX8QY3QUWBK/1c7cd8cd0b1f246605a2e8794630ab420a3c63297ad4026f254e3220b1b0b478])(SG Investors Share [https://sginvestors.io/sgx/stock/1y1-9r/company-announcement]).
Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Changes in Interest of Substantial Shareholder - NTG Holding Ltd
https://links.sgx.com/1.0.0/corporate-announcements/MQMNDZX8QY3QUWBK/1c7cd8cd0b1f246605a2e8794630ab420a3c63297ad4026f254e3220b1b0b478
Media Contact
Company Name: NTG Holding
Contact Person: Stewart
Email: Send Email [http://www.universalpressrelease.com/?pr=ntg-holding-ltd-increases-stake-in-9r-limited-strengthens-influence-in-supply-chain-and-family-entertainment-sectors]
Country: Singapore
Website: http://ntgholdingltd.com/
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
