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Haiyi Holdings
Property
Chip Eng Seng enters into agreements with its JV partners to redevelop Peace Centre and Peace Mansion
The partners, through their JVCos, have also entered into a facility agreement with several banks for a loan of $835.7 million.
February 17, 2023
Property
Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil
Park View Mansions was launched for collective sale by public tender on June 20 with an asking price of $260 million.
July 28, 2022
Broker's Calls
Suntec REIT unlocks value and lowers gearing with 9 Penang Road divestment: analysts
“The sale is in line with SUN’s active portfolio management strategy in a bid to improve its financial flexibility."
June 17, 2021
REITs
Suntec REIT divests stake in 9 Penang Road property for $295.5 mil
The commercial building was developed through a JV between Suntec REIT, Singhaiyi Group and Haiyi Holdings.
June 16, 2021
Broker's Calls
DBS keeps Suntec REIT at 'buy' on securing UBS as sole tenant for 9 Penang Road
SINGAPORE (Apr 18): DBS Group Research continues to rate Suntec REIT a “buy” with a target price of $2.12.
April 18, 2019
SingHaiyi undertakes rights issue to raise $143 mil in net proceeds
SINGAPORE (Dec 27): SingHaiyi Group is selling up to 1.435 billion new shares at 10 cents each.
December 27, 2017
Property
SingHaiyi and Tangs take 9.9% stake in Cromwell Property for $172.4 mil
SINGAPORE (Dec 11): SingHaiyi Group and Haiyi Holdings have jointly subscribed to 175.1 million units of stapled securities or a 9.9% stake in Australia-listed Cromwell Property Group for A$169.6 million ($172.4 million).
December 11, 2017
Broker's Calls
This bank is divesting its non-core businesses and investing in wealth management
SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.
June 28, 2017
Property
SingHaiyi unveils design for new Grade A commercial building at 9 Penang Road
SINGAPORE (Jan 25): SingHaiyi Group property group has revealed its new Grade A commercial building at 9 Penang Road which is designed by P&T Group.
January 25, 2017