asset disposal

Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil - THE EDGE SINGAPORE

M&A

Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil

Singhaiyi disposes Tri-County Mall in US for below original purchase price.
Koufu's disposal gains may mean a special dessert for shareholders - THE EDGE SINGAPORE

Broker's Calls

Koufu's disposal gains may mean a special dessert for shareholders

Koufu shareholders might see a special surprise.
Hong Leong Asia subsidiary disposes China asset for $28.3 mil - THE EDGE SINGAPORE

Property

Hong Leong Asia subsidiary disposes China asset for $28.3 mil

Shares in Hong Leong Asia closed 1.5 cents lower, or 3.2% down, at 45.5 cents on September 30.

Company in the news

Hoe Leong disposes offshore utility support vessel for US$1.83 mil

Hoe Leong Corporation, through its wholly-owned indirect subsidiary Arkstar Unicorn Pte. Ltd., has disposed of its offshore utility support vessel, also named Arkstar Unicorn, for a proposed consideration of US$1.83 million ($2.51 million).

M&A

Accordia Golf Trust fully divests interests in Japan golf courses for $804.1 mil

The manager of Accordia Golf Trust (AGT) announced that it has entered into a conditional agreement to fully divest its interests in its 88 Japan golf courses to Accordia Golf for a total cash consideration of JPY 61.8 billion ($804.1 million).

Management & Corporate Governance

Board says USP Group can continue as going concern, despite auditors' red flags

SINGAPORE (Sept 16): USP Group, the trader of oil and marine equipment as well as property developer, is expected to continue as a going concern, says its board in an early Saturday morning filing.
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