acquisitions

SINGAPORE (Nov 30): OCBC Investment Research has declared Sheng Siong Group (SSG) as its latest and sole preferred “buy” pick at an estimated fair value of $1.15, while maintaining its “neutral” stance on Singapore’s consumer sector.

SINGAPORE (Nov 29): DBS Vickers Securities is maintaining its “buy” call on Keppel DC REIT with a revised target price of $1.33, after rolling forward valuations and pricing in the recently-announced acquisition of Keppel DC Singapore 3 (KDC SG 3), a

SINGAPORE (Nov 28): With the Singapore market being dragged down this year by events such as Brexit and the US presidential elections, OCBC Investment Research expects the lacklustre sentiment to continue at least into 1H17 as corporate earnings and econo

SINGAPORE (Nov 11): DBS is maintaining a “buy” call on Ascendas Hospitality Trust (AH-Trust) with a target price of 84 cents.

SINGAPORE (Nov 2): Mapletree Investments, the property arm of Singapore’s state investment fund Temasek Holdings, has acquired a portfolio of seven student accommodation assets located across six states in the US from Kayne Anderson Real Estate Advisors

SINGAPORE (Oct 26): OCBC Investment Research and CIMB Research are reiterating their “hold” calls on Mapletree Logistics Trust (MLT) with target prices of $1.05 and $1.03 respectively.

SINGAPORE (Oct 27): HNA Group Co.’s potential bid for Singapore logistics provider CWT Ltd. has been delayed as the acquisitive Chinese conglomerate weighs changes to the deal structure, people with knowledge of the matter said.

SINGAPORE (Oct 25): Julius Baer Group, DBS Group Holdings and LGT Bank are considering bids for ABN AMRO Group NV’s private-banking business in Asia, people with knowledge of the matter said. The banks have expressed interest in the ABN AMRO unit and

SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.

SINGAPORE (Oct 13): Surbana Jurong has acquired a 100% stake in AETOS Holdings from its parent company, Temasek Holdings, for an undisclosed sum.