acquisitions

SINGAPORE (July 13): Vibrant Group has acquired Blackgold International Holdings, a China-based thermal coal producer listed on the Australian Securities Exchange (ASX), for a consideration of A$36.6 million ($40 million).

SINGAPORE (June 22): Maybank Kim Eng Research remains “positive” on Singapore REITs (S-REITs), with confidence that a firmer exchange rate regime poses no immediate threat to the industrial REITs.

SINGAPORE (June 16): Real estate group Hiap Hoe is acquiring Trafford City Hotel Limited – the owner of Holiday Inn Express Trafford City, Mercury Way, Manchester, UK – through its indirect wholly-owned subsidiaries for a consideration of £26.3 milli

SINGAPORE (June 15): CIMB Research is maintaining its “hold” call on Far East Hospitality Trust (FEHT) on an “as is” basis with a higher price target of 63 cents from 57 cents previously due to a sector-wide fall in Singapore’s discount rate.

SINGAPORE (June 2): Singapore’s merger and acquisition (M&A) landscape saw a total of 56 deals worth US$13.8 billion ($19.1 billion) from Jan 2014 to April 2017, based on data compiled by Mergermarket Group, the media company specialising in corporate f

SINGAPORE (May 31): Mapletree Investments announced record earnings of $1.4 billion for FY16/17, up 46.5% compared FY14/15.

SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million ($148.4 million), a 224-unit freehold property located on 36th Street in Midtown Manhattan.

SINGAPORE (May 25): Construction and engineering group BBR Holdings has announced that its 62%-owned subsidiary, Alika Properties, today exercised its option to purchase a four-storey mixed-use development known as the Goh & Goh Building for a cash consid

SINGAPORE (May 18): Property developer Fragrance Group has entered into a contract to acquire a property with a combined land area of approximate 4,868 sq m in Hobart, Tasmania, Australia, for an undisclosed consideration sum.

HONG KONG (May 17): Henderson Land Development Co. outbid eight other developers to win a rare site in Hong Kong’s Central district for a record HK$23.3 billion ($4.2 billion). It was the first commercial plot sold by the government in more than two dec