Perennial Real Estate Holdings

SINGAPORE (Aug 16): Lim & Tan Securities is maintaining its “hold” recommendation on United Engineers as it does not expect the takeover offer to succeed.

SINGAPORE (Aug 1): DBS Group Research says the consortium including Perennial Real Estate Holdings, BreadTalk Group, and Wilmar CEO Kuok Khoon Hong could realise a net gain of at least $398 million in the potential en bloc sale of AXA Tower.

SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than $1.65 billion.

SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.

SINGAPORE (July 12): Oversea-Chinese Banking Corporation (OCBC) and Great Eastern (GEH) this morning jointly announced they are in final stages of discussions with a shortlisted bidder regarding their combined stakes in United Engineers and WBL Corp.

SINGAPORE (May 9): IJM Perennial Development, a joint venture between IJM Corporation and Perennial Real Estate Holdings officially unveiled The Light City, an integrated mixed-use waterfront development located in Gelugor on the eastern coast of Penang,

SINGAPORE (May 8): Perennial Real Estate Holdings posted earnings of $38.7 million for the first quarter ended March, more than four times higher than earnings of $8.5 million a year ago.

SINGAPORE (March 6): The high court has dismissed the winding-up applications for three of Perennial Real Estate Holdings’ associated joint venture (JV) companies, namely: Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Manageme

SINGAPORE (Feb 17): Perennial Real Estate Holdings has announced that with effect from Mar 6, Liak Teng Lit will be appointed as the new group chief operating officer (COO) and chief executive officer (CEO) of its healthcare business, Perennial Healthcare