mergers and acquisition (M&A)

(Apr 4): Meituan Dianping, the Chinese food review and delivery giant, is close to acquiring Mobike in a deal that will value the three-year-old bike-sharing startup at about US$3 billion ($3.9 billion), according to people familiar with the matter.

SINGAPORE (Feb 28): Thai Beverage (ThaiBev) announced that its wholly-owned subsidiary, Thai Beverage Logistics, has acquired from a third party vendor 954,750 ordinary shares in Havi Logistics, representing about 75% stake for 240 million baht ($10.1 mil

SINGAPORE (Feb 26): Tat Seng Packaging says that its subsidiary, Nantong Tat Seng Packaging, was awarded the tender of a piece of land located in Xiting Town, Nantong, China, subject to the agreement to be signed, for a consideration of RMB 21.9 million (

SINGAPORE (Feb 5): Oxley Holdings announced that its wholly-owned subsidiary, Oxley Pearl, is acquiring a 99-year leasehold estate located at 16 Lorong 35 Geylang for $13 million from Huang Shi Zong Hui or Huang Clan (Singapore).

SINGAPORE (Jan 19): Roxy-Pacific Holdings announced that its wholly-owned subsidiary, RP Ventures, along with joint venture (JV) partner, TE2 Development, is acquiring Kismis View for $102.8 million.