Perennial Real Estate Holdings

SINGAPORE (Feb 10): KKR & Co. and Malaysian conglomerate Samling Group are among suitors shortlisted in the bidding for United Engineers, the century-old Singapore property group, people with knowledge of the matter said.

SINGAPORE (Feb 8): Perennial Real Estate Holdings, the integrated real estate and healthcare company, reported 37.8% lower earnings of $25.6 million in 4Q16.

SINGAPORE (Jan 26): Perennial Somerset Investors (PSIPL), a consortium led Perennial Real Estate Holdings (Perennial), has agreed to divest a 70% stake in TripleOne Somerset to Simply Swift Limited, an indirect wholly-owned subsidiary of Hong Kong-listed

SINGAPORE (Nov 30): The Straits Times Index shrugged off early declines to end Tuesday 0.2% higher at 2,879.14, its sixth straight gain despite losses in offshore and commodities companies.

SINGAPORE (Nov 28): Singapore Press Holdings is increasing its stake in Chinatown Point Mall located along New Bridge Road which has a retail mall and four strata office units

SINGAPORE (Nov 10): DBS is maintaining a “buy” call on Perennial Real Estate with a target price of $1.32, excited over the developer’s medium- to long-term plans in Singapore and China, the company’s biggest markets.

SINGAPORE (Sept 14): DBS Bank is keeping Perennial Real Estate Holdings on “buy” with a target price of $1.32.

SINGAPORE (Sept 13): Perennial Real Estate Holdings has acquired a 49.9% in Shanghai RST Chinese Medical Co, or Renshoutang, through a capital injection of RMB735.5 million ($149.7 million).

SINGAPORE (Aug 5): Property and healthcare group Perennial Real Estate Holdings saw 2Q16 earnings fall 93.2% to $0.6 million from $8.8 million a year ago on lower revenue.

SINGAPORE (May 13): Perennial Real Estate Holdings 2Q earnings more than doubled to $8.5 million in 1Q16 from $3.4 million in 1Q15, boosted by a fair value gain of $7.5 million.