EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for a few years
Has accessible contact information online
Negative highlights
- No employer brand presence on career platforms
- No official business profile found on major search engines
Corporate Information
64202
Other holding companies
INVESTMENT HOLDING COMPANY
Contact Information for EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.
EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.'s Business Reviews
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Public Preview of EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.
This is only a preview of the TrustScore results for EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD., showcasing a few facets of its business that we have analysed.
Foundational Stage
A young brand or company in the early stage of organisation structures, framework, processes, workflow, systems.
Key Characteristics
- Defining Core Identity: EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD. is likely still defining its mission, vision and values.
- Building Awareness: Working to establish recognition among its target audience and identifying opportunities in the other holding companies sector.
- Limited Resources: Often operating with a small team, budget, or customer base. May not yet have a strong social media presence or widespread advertising.
- Focus on Differentiation: Still trying to carve out a unique position in the market, or have a unique selling proposition. They are gathering feedback and iterating on their offerings.
Why It Matters
- These potential brands often represent innovation and creativity.
- They often bring fresh ideas to the market and have the opportunity to grow into influential players if they successfully establish their identity and connect with their audience.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD. has accessible contact information online, which is a positive indicator of its credibility and transparency. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for EXCELGAMES INTERACTIVE ASIA HOLDINGS PTE. LTD.
On Wednesday night, Advanced Systems announced a proposed acquisition of 100 per cent of the shares in the issued and paid-up share capital of Excelgames Interactive Asia Holdings from three vendors for a base consideration of S$120 million, with the possibility of an additional consideration. This would result in a change in control of the company and would constitute a reverse takeover. Abundance International also saw brisk trading, with 16 million shares worth S$500,000 changing hands within the first minute of market open. Its shares rose 10.7 per cent or 0.3 Singapore cent to 3.1 cents. Index stock Singtel was also actively traded, with 833,600 shares worth S$1.9 million traded as at 9.01am. The counter was up 0.4 per cent or S$0.01 at S$2.35.
On Wednesday night, Advanced Systems announced a proposed acquisition of 100 per cent of the shares in the issued and paid-up share capital of Excelgames Interactive Asia Holdings from three vendors for a base consideration of S$120 million, with the possibility of an additional consideration. This would result in a change in control of the company and would constitute a reverse takeover. Abundance International also saw brisk trading, with 16 million shares worth S$500,000 changing hands within the first minute of market open. Its shares rose 10.7 per cent or 0.3 Singapore cent to 3.1 cents. Index stock Singtel was also actively traded, with 833,600 shares worth S$1.9 million traded as at 9.01am. The counter was up 0.4 per cent or S$0.01 at S$2.35.
ADVANCED Systems Automation has agreed to fully acquire a video gaming company, Excelgames Interactive Asia Holdings, for a base consideration of S$120 million in a transaction that will constitute a reverse takeover (RTO) upon completion. This comes after Advanced Systems' Feb 27, 2021 announcement that it would dispose of certain subsidiaries, after which it will cease to hold any operating businesses and become a cash company. In a bourse filing on Wednesday evening, Advanced Systems said its decision to dispose of these subsidiaries was due to "significant disruptions" to the group's business operations caused by Covid-19 that resulted in net losses, limited cash flow, as well as limited opportunities to undertake fund-raising exercises.
ADVANCED Systems Automation has agreed to fully acquire a video gaming company, Excelgames Interactive Asia Holdings, for a base consideration of S$120 million in a transaction that will constitute a reverse takeover (RTO) upon completion. This comes after Advanced Systems' Feb 27, 2021 announcement that it would dispose of certain subsidiaries, after which it will cease to hold any operating businesses and become a cash company. In a bourse filing on Wednesday evening, Advanced Systems said its decision to dispose of these subsidiaries was due to "significant disruptions" to the group's business operations caused by Covid-19 that resulted in net losses, limited cash flow, as well as limited opportunities to undertake fund-raising exercises.
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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