Distributed operations

Operations are conducted across two territories. The arrangement concludes in 2021.

MEMORANDUM OF UNDERSTANDING · Q1 2017

Terms agreed

JNGroup and ASIM Corporation enter into a non-binding understanding. No term is specified. No exit provision is drafted.

NG-2017-MU-001

DISTRIBUTED OPERATIONS · Q3 2017

Operations distributed, first period

The parties commence operating from separate territories, at a separation the group has never entered into a filing. The period concludes in 2018.

NG-2017-DO-001

CAPABILITY EXPANSION · 2017-2018

Secondment, North America

A period of placement at an external undertaking. The group records the expansion and does not itemise it.

NG-2017-CE-001

ASSET ACQUISITION · 2017-2018

Asset acquired

Not new at acquisition. The group notes that the asset was serviceable and declines to elaborate.

NG-2017-AA-001

FACILITY RELOCATION · 2018

Return to registered territory

Operations return to Singapore.

NG-2018-FR-001

FACILITY RELOCATION · Q3 2019

North America

Operations relocate.

NG-2019-FR-001

DISTRIBUTED OPERATIONS · Q3 2019

Operations distributed, second period

The arrangement resumes on the terms previously in force. No revision was proposed by either party.

NG-2019-DO-001

ASSET ACQUISITION · 2019-2020

Asset acquired

The first such asset acquired new. The group considers the matter closed.

NG-2020-AA-001

UNSCHEDULED DOWNTIME · Q1 2020

Operations suspended

Operations are suspended in March and personnel returned to the registered territory. The group records the interval and not its contents.

NG-2020-UD-001

FACILITY RELOCATION · Q3 2020

Relocation within North America

Operations resume and relocate within the quarter.

NG-2020-FR-001

ASSET ACQUISITION · Q2 2021

Asset acquired

Acquired in April.

NG-2021-AA-001

ACQUISITION · Q2 2021

Entity acquired

Acquired in North America in June. The entity already existed. No filing distinguishes an acquired entity from a formed one, and the group has declined every opportunity to introduce one.

NG-2021-AQ-001

FACILITY RELOCATION · Q4 2021

External acquisition; return to registered territory

The undertaking at which operations were placed is acquired by a larger concern. Operations relocate to Singapore in winter. Distributed operations conclude.

NG-2021-FR-001