new acquisitions

Beauty

Beverly JCG acquires BK Aesthetics Clinic at 100AM Mall

The acquisition aligns with the company’s intention to become a leading regional player in healthcare, wellness and beauty.

M&A

Dyna-Mac acquires Exterran Offshore for US$8.25 million

Exterran’s yard facilities of some 4.5 hectares along Gul Road will provide additional fabrication capacity for the company.

M&A

Banyan Tree fully acquires China JV companies for RMB480 mil

Banyan Tree will fund the RMB425 million cash component of the transaction through its internal resources.

Healthcare

Econ Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil

Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.
Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil - THE EDGE SINGAPORE

M&A

Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil

Keppel expects to acquire the remaining 50% stake in Aermont in 2028.

Company in the news

HS Optimus to acquire six Brunei shophouses for $1.92 mil

Completion of the acquisition is expected to take place at the end of the fourth quarter of 2024.

REITs

MLT to acquire properties in Japan, Australia and South Korea for $913.6 mil

The acquisitions will boost MLT’s portfolio rejuvenation towards a “resilient and future-ready portfolio”, says the REIT manager.
Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company - THE EDGE SINGAPORE

M&A

Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company

Shares in Sunpower closed 10 cents higher or 11.7% up at 95.5 cents on Jan 12.
F&N to acquire Sri Nona companies for RM60 mil - THE EDGE SINGAPORE

M&A

F&N to acquire Sri Nona companies for RM60 mil

The proposed acquisition will be paid using the company’s internal funds and is expected to be completed in 1Q2021.
Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update - THE EDGE SINGAPORE

Results

Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update

For the nine-month period, the REIT also saw a 16.5% y-o-y growth in DPU of 6.732 cents.
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