acquisition

Eurosports Global to acquire Hong Kong based ride hailing app

SINGAPORE (Feb 15): Eurosports Global said on Wednesday it has entered into a non-binding memorandum of understanding with Siu Tat Man to fully acquire Hong Kong based SS Ventures.

OUE raises stake in International Healthway Corp to 21.83%

SINGAPORE (Feb 8): OUE says that its wholly owned subsidiary OUE Investments has acquired an additional 9.29% stake in International Healthway Corp.

CityDev to buy Ransomes Wharf site for $104 mil

SINGAPORE (Feb 2): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million ($103.7 million) in an exchange of contracts.

GLP acquires two Chicago distribution facilities for $47 mil

SINGAPORE (Feb 1): GLP, the provider of modern logistics facilities, has acquired 448,000 sf of distribution facilities in Chicago for US$33 million ($46.7 million).

Advanced Holdings to acquire Indonesian palm and timber plantations in RTO deal

SINGAPORE (Jan 23): Advanced Holdings is proposing the acquisition of the entire interest in Agricole Global for a purchase consideration of $180-240 million.

AsiaMedic to acquire LuyeEllium Healthcare for $42.2 mil

SINGAPORE (Jan 20): AsiaMedic has signed a binding term sheet with its controlling shareholder Luye Medicals Group and the shareholders of LuyeEllium Healthcare Co to acquire LuyeEllium for $42.2 million.

ABR Holdings signs MOU to acquire Chilli Padi Group

SINGAPORE (Jan 18): ABR Holdings has signed a memorandum of understanding with the shareholders of Chilli Padi Group to acquire a 100% stake in Chilli Api Catering, Chilli Padi Nonya Catering and Chilli Padi Nonya Restaurant.

Sen Yue to acquire property for $7.3 mil

SINGAPORE (Jan 17): Sen Yue Holdings has been granted an option to purchase a property at 3 Jalan Pesawat for $7.25 million.

ISOTeam to acquire Rong Shun for $6.5 mil

SINGAPORE (Jan 5): ISOTeam will be acquiring Rong Shun Engineering and Construction for $6.45 million.

Sabana REIT to acquire industrial building at Paya Lebar Central for $34.5 mil

SINGAPORE (Dec 15): The managers of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) is planning the acquisition a HDB leasehold property in the commercial hub of Paya Lebar Central for $34.5 million.
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