Sin Heng

Sin Heng: Co. will holding a cocktail reception today, in conjunction with a major corporate update on a business alliance at 3.45 p.m tomorrow at Mandarin Oriental. Recall that Sin Heng had disclosed recently that one of its shareholders, SEAVI is planning to sell its stake, as PE players have a mandate defining how long they can stay invested after a company lists. Co. however declined to comment on market speculations that a global Fortune 500 company is poised to buy SEAVI's Sin Heng stake. Tomorrow’s event does raise interests on what the co. has to say abt a business alliance going forward.