Archive · 2022
JNGroup and ASIM Corporation combine. NGSIM is formed.
LETTER OF INTENT · Q1 2022
Executed on 14 February. Between the letter and the merger the group conducted no further diligence.
NG-2022-LI-001
MERGER · Q3 2022
JNGroup and ASIM Corporation combine to form NGSIM. The transaction is executed on 21 August and is described by both parties as a merger of equals and by neither as a surprise. The Board was informed in advance and raised no objection.
NG-2022-MG-001
INCORPORATION · Q4 2022
A holding structure is established above the merged entity, beneath the Board. The name anticipates a third party not yet incorporated.
NG-2022-IN-001
FACILITY RELOCATION · 2022
Singapore. Territories in which operations are recorded are listed in the company profile and are not reproduced here.
NG-2022-FR-001