acquisition

Company in the news

Chip Eng Seng to develop Hyatt Regency Hotel in Adelaide

SINGAPORE (Aug 2): Chip Eng Seng has announced that its newly-acquired property at 51 Pirie Street in Adelaide, Australia will be developed into a new Hyatt Regency. 

Investing ideas

ISOTeam powering up as regional player on back of Pure acquisition

SINGAPORE (Aug 1): As the Singapore construction sector awakens from its slump, ISOTeam is well placed to tap new markets and win more contracts.

Company in the news

Suntec REIT acquires Adelaide office building for $141 mil

SINGAPORE (July 15): Suntec REIT is acquiring a freehold Grade A office building in Adelaide’s CBD.

Company in the news

Thakral adds another Osaka office building to portfolio

SINGAPORE (July 1): Thakral Corporation has acquired another commercial property in Osaka, Japan – the Nikke Yotsubashi building.

M&A

Medinex makes $1.2 mil acquisition of business support services firm

SINGAPORE (May 8): Medinex Limited is acquiring full ownership of SKI Corporate Services and SKI Consultancy, collectively known as the SKI Group, for a total consideration of $1.2 million.
Metro bets on decentralised office market with $45.6 mil investment in Tampines property

Property

Metro bets on decentralised office market with $45.6 mil investment in Tampines property

SINGAPORE (April 18): Metro Group has acquired 7 & 9 Tampines Grande, a premium Grade A office property in Singapore, through a 50:50 joint venture (JV) between its subsidiary Metrobilt Construction and an affiliate of SRIF GP.

M&A

Heeton-led consortium acquires Crowne Plaza hotel in London for $149 mil

SINGAPORE (April 14): A consortium led by Heeton Holdings has fully acquired LC London, which owns the Crowne Plaza London Kensington hotel in London, UK, for £84.3 million ($148.9 million).

M&A

Natural Cool makes foray into F&B industry with million-dollar acquisition

SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is venturing into the food and beverage (F&B) industry by acquiring the business and assets of Yummy YM and SFB Global for $0.98 million.

Update

Second potential offeror rescinds expression of interest to acquire Procurri less than 24 hours later

SINGAPORE (Feb 8): Procurri Corporation says the second potential offeror to express interest in acquiring the company after New State Capital Partners LLC has now decided to terminate further discussions on the matter.
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