According to Acesian Partners’ annual report for the FY2023 ended Dec 31, 2023, Goh is the third largest shareholder in the company with 50.6 million shares representing a 10.68% stake at the time.
Following the transaction, Goh’s stake is now at 6.41% down from 10.77% before.
For the 1HFY2024 ended June 30, 2024, Acesian Partners reported earnings of $1.13 million, 48% lower than the $2.17 million reported in the corresponding period the year before.
On Nov 6, 2024, Acesian Partners announced that it incorporated a wholly-owned subsidiary in Singapore, ACF Eco Environment Pte. Ltd., to sell and distribute coated stainless-steel ductwork, uncoated welded stainless-steel ductwork, and other specialised exhaust systems, equipment and components.
See also: Union Steel further disposes of 40 mil shares in Eneco Energy
Shares in Acesian Partners closed 0.3 cents higher or 7.9% up at 4.1 cents on Jan 6.
