Rio Casa

SINGAPORE (Oct 23): The potential spinoff of Lian Beng’s property business may trigger a stock price re-rating to $1.08, a 11.6% discount from its book value per share of $1.2076, says NRA Capital.

SINGAPORE (June 2): Within one week, three en-bloc sales were closed with the latest being MCL Land putting a robust $765 million bid for Eunosville.

SINGAPORE (May 30): KSH Holdings’ earnings for the year ended March may have dropped by a third to $66.8 million and revenue was down by nearly a fifth to $199.3 million, but executive chairman Choo Chee Onn (photo) still has every reason to be in a che

SINGAPORE (May 26): The thirst for land is now spreading into the en-bloc market, says DBS Vickers, with a consortium Oxley-Lian Beng Venture putting in the $575 million winning bid for Rio Casa.

SINGAPORE (May 25): A consortium led by Oxley, Lian Beng and KSH has won the tender for the collective purchase of the property known as Rio Casa for $575 million. The tender was submitted by Oxley-Lian Beng Venture on Wednesday and has been duly accepted