Metro Holdings

SINGAPORE (Aug 13): Metro Holdings reported 1Q20 earnings almost halved to $10.6 million, compared to $20.2 million in 1Q19.

SINGAPORE (May 28): Metro Holdings has announced 4Q19 earnings of $51 million compared to $1 million a year ago, due to higher revenue and fair value gains, as well as a surge in share of results in joint ventures (JVs).

SINGAPORE (May 25): Metro Holdings reversed into 4Q losses of $1.9 million from earnings of $34.2 million a year ago.

SINGAPORE (May 17): Metro Holdings, together with other joint venture partners, is acquiring a 90% stake in Shanghai Plaza, for RMB2.9 billion ($613 million).

SINGAPORE (Apr 19): Retail group Metro Holdings will soon be using a cloud-based retail automation solution from Silverlake Axis.

SINGAPORE (Apr 16): Metro Holdings has established a partnership with Trans Corp and Lee Kim Tah Group to develop two towers in Jakarta with a value of Rp1.33 trillion ($127 million).

SINGAPORE (Feb 12): Metro Holdings, the property group backed by regional retail operations, reported 3Q18 earnings surged 7.2 times to $146.7 million from $20.5 million a year ago.

SINGAPORE (Jan 23): Metro Holdings has formed a 50:50 joint venture with Singapore-based Lee Kim Tah Group to jointly acquire a freehold office property at 5 Chancery Lane in London for a total of £80.8 million ($148.2 million).

SINGAPORE (Nov 13): Metro Holdings posted a net loss of $13.6 million in the 2Q ended September, compared to earnings of $16.4 million a year ago.

SINGAPORE (Aug 24): Metro Holdings confirmed on Monday that it is in talks with H-Change Real Estate Group on a potential disposal of its indirect 30% interest in a Chinese company called Nanchang Top Spring whose main asset is a mixed use development, Na