CATALIST-LISTED Equation Corp Ltd has entered into a $14 million convertible loan agreement with three Sculptor Finance funds managed by OZ Management LP - an operating entity of Och-Ziff Capital Management Group LLC.
CATALIST-LISTED TSH Corporation Ltd plans to subscribe for $2 million worth of new shares in Equation Corp Ltd, with a call option to subscribe for redeemable convertible bonds worth an additional $2 million.
FOUR months after its subsidiary managed a tie-up with some of the largest retail chains in the United States, Singapore-listed Equation Corp says that the same unit has now secured a deal with a global logistics provider in Germany.
CATALIST-LISTED Equation Corp has, through its local subsidiary Disa DigitalSafety Pte Ltd and German subsidiary Disa DigitalSafety GmbH, signed a deal with two units of leading European consumer electronics group Media-Saturn.
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