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acquisition
MYP breaks down funding sources for Straits Trading Building acquisition
SINGAPORE (Oct 14): MYP will fund the $560 million acquisition of The Straits Trading Building from three sources.
October 14, 2016
Singapore Medical Group to acquire 6 O&G clinics from Astra Women Specialists for $60 mil
SINGAPORE (Oct 11): Singapore Medical Group is acquiring the six obstetrics and gynaecology (O&G) clinics under the Astra Women Specialists group of clinics for $60 million.
October 11, 2016
In print this week
This might finally be Sapphire’s time to shine
SINGAPORE (Oct 7): The patience of long-time Sapphire shareholders might have been tested with the losses suffered in the earlier years and a share price that has seen two rounds of consolidation and a drop of almost 50% in five years.
October 07, 2016
Keppel DC REIT acquires Cardiff data centre for $59 mil
SINGAPORE (Oct 6): Keppel DC REIT has acquired a 100% stake in a data centre located in Cardiff, United Kingdom, for £34.0 million ($59.3 million).
October 06, 2016
UPP to acquire shares and notes in Taiga Building Products
SINGAPORE (Oct 5): UPP Holdings has entered into an agreement to acquire shares and notes in Taiga Building Products from Berjaya Corporation and its unit, Berjaya Forest Products, as well as shares in Taiga from an entity linked to UPP director Tong Kooi
October 05, 2016
Broker's Calls
Is Vietnam the next frontier for MapletreeLog?
SINGAPORE (Sept 29): Mapletree Logistics Trust (MLT) has acquired a Vietnam warehouse for VND 339.2 billion ($20.7 million) from its sponsor Mapletree Investments, which UOB Kay Hian says is in line with the group’s strategy to build a diversified portf
September 29, 2016
Zhongmin Baihui to acquire retail premises for $25 mil
SINGAPORE (Sept 29): Zhongmin Baihui Retail Group is planning to acquiring the retail premises of the shopping mall at Hui’an County in Quanzhou, Fujian province, for RMB122.2 million ($24.9 million).
September 29, 2016
Results
Lifebrandz's FY16 losses narrow
SINGAPORE (Sept 28): Lifebrandz, the Irish pub operator which is diversifying into goldmining, saw losses from continuing operations narrow slightly to $1.1 million in FY16 from $1.2 million in FY15.
September 28, 2016
Yanlord acquires 50% stake in Tianjin developer for RMB20 mil
SINGAPORE (Sept 28): Yanlord Land Group says wholly owned subsidiary, Yanlord Development Tianjin Co, has acquired a 50% stake in Tianjin Shenglin Property Development Co. for RMB19.9 million ($4.1 million).
September 28, 2016
Broker's Calls
Bright spot remains for Tat Hong despite failed takeover
SINGAPORE (Sept 20): Tat Hong said talks with an undisclosed party interested in acquiring the company have ceased.
September 20, 2016