Amara Holdings

New appointments

Amara Holdings appoints Dawn Teo as its COO

Dawn is the daughter of Teo Hock Chuan, the director, CEO and substantial shareholder of Amara Holdings.

Offer

Amara Holdings extends offer closing date to Jan 16

The new date is two weeks later than the original closing date of Jan 2.
Amara CEO Albert Teo and family offer 60 cents per share in unconditional cash offer - THE EDGE SINGAPORE

Offer

Amara CEO Albert Teo and family offer 60 cents per share in unconditional cash offer

The offer consideration represents a 70.5% premium over one-month average prices, but is below Amara's book value of 69 cents.

Global Markets

The 'triumph' of hope over experience

This market temperature is kind of boring, but if we only look at the top volumes
Amara Holdings' share price surge in relation to possible transaction that may lead to offer for company’s shares - THE EDGE SINGAPORE

Offer

Amara Holdings' share price surge in relation to possible transaction that may lead to offer for company’s shares

Shares in Amara closed 5 cents higher or 12.8% up at 44 cents on June 16 before its trading halt.
Amara sees turnaround to end FY2021 with $7.5 mil profit - THE EDGE SINGAPORE

Results

Amara sees turnaround to end FY2021 with $7.5 mil profit

In light of the results, Amara declared a dividend of 0.5 cent per share for FY2021.
Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase - THE EDGE SINGAPORE

Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase

Southern Alliance Mining CEO Pek Kok Sam sees his stake rise while Amara director Tan Tiong Cheng makes his maiden purchase.
Amara's new JVC enters into agreement to acquire freehold residential development at Surrey Road for $47.8 mil - THE EDGE SINGAPORE

Property

Amara's new JVC enters into agreement to acquire freehold residential development at Surrey Road for $47.8 mil

The site has a total area of 11,977 sqft. It is allowed for residential development with a gross plot ratio of 2.8.

SGX Research Series: 10 in 10

Amara guns for multi-pronged growth in hospitality, property and F&B

Homegrown integrated lifestyle group Amara Holdings engages in three main businesses — Hotel Investment and Management, Property Investment and Development, and Speciality Restaurants and Food Services.

Quek family increases stake in GuocoLand, Amara CEO buys shares in the company

SINGAPORE (Nov 4): The Quek family, which controls GuocoLand, has increased its stake in the property developer following two off-market purchases. On Oct 29, GuocoLand Assets bought 17,141,975 shares at an average price of $2.05 per share. The following
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