Welcome!
Proposed Acquisition
REITs
FLCT to acquire Singapore logistics property for $140.3 mil
The purchase consideration represents a discount of 2.5% from the appraised value of the property at $143.8 million.
October 17, 2024
Tech
Trek 2000 subsidiary to acquire 20% stake in China Chips Star Semiconductors for US$1.6 mil
For FY2023 ended Dec 31, 2023, CCSS reported a sales revenue of US$5.6 million, operating profit of US$736,000 and net assets of US$2 million.
October 09, 2024
Company in the news
TEHO International subsidiary to acquire Korean warehousing facility for KRW2.9 bil
The group has since paid a down payment of KRW295 million for the proposed acquisition.
October 02, 2024
REITs
MINT proposes to acquire Tokyo freehold mixed-use property for JPY14.5 bil
The proposed acquisition is expected to take place by the fourth quarter of 2024.
September 30, 2024
Company in the news
BRC Asia proposes $16.1 mil acquisition of 19.9% stake in Angkasa Daehan Steel
The acquisition is not expected to have any material impact on BRC's net tangible assets or the earnings per share for FY2024.
April 23, 2024
M&A
Winking Studios proposes acquisition of Malaysian animation outsourcing company
Winking Studios has entered into a non-binding memorandum of understanding with the owners of Pixelline Production.
April 08, 2024
M&A
SATS strengthens European cargo handling capability, capacity with Swedish acquisitions
SATS has proposed the acquisitions of two Stockholm Arlanda operators for some $12 million.
March 15, 2024
Company in the news
Qian Hu proposes acquisition of Selangor property for RM14.5 mil
Qian Hu intends to relocate and consolidate its Malaysian wholesale and distribution business activities at the Selangor property.
March 12, 2024
REITs
Digital Core REIT proposes additional 24.9% acquisition of Frankfurt data centre
The EUR117 million acquisition is expected to enhance the REIT's portfolio diversification and overall portfolio credit quality.
March 06, 2024
REITs
MLT announces proposed acquisition of Malaysia, Vietnam properties for $234 mil
The manager of MLT expects the acquisitions to be accretive to MLT’s distribution per unit on a historical pro forma basis.
February 29, 2024