Rowsley

What does Rowsley’s plan to buy $1.9 bil in healthcare assets mean for investors?

This article appeared in Issue 790 (July 31) of The Edge Singapore

In print this week

How much will investors pay for Rowsley?

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market.

Hot Stock

Rowsley shares up some 58% on deal to buy healthcare assets for $1.9 bil

SINGAPORE (July 19): Rowsley shares this morning rose 57.5% or 4.2 cents to 11.5 cents with 159 million shares traded after announcing it has entered into an agreement to buy healthcare assets from its controlling shareholder in an all-share deal valued a

Stocks To Watch

Stocks to watch: CCT, Rowsley, M1, Qian Hu, NetLink NBN Trust, Keppel REIT

SINGAPORE (July 19): Here are some stocks to watch this Wednesday morning:

M&A

Rowsley to acquire $1.9 bil in healthcare assets from controlling shareholder Peter Lim

SINGAPORE (July 18): Rowsley, the real estate and investment firm, is expanding into the healthcare sector in an acquisition of healthcare assets worth $1.9 billion from its controlling shareholder.

Stocks To Watch

Yeo Hiap Seng, Hong Leong Finance, Duty Free International, Advance SCT, Rowsley

SINGAPORE (April 27): Here are some stocks to watch this Thursday morning:

Results

Rowsley swings to 1Q net loss of $1.6 mil on lower fair value gains

SINGAPORE (April 26): Rowsley, the diversified property company with businesses in design and  engineering, real estate development and hospitality, swung to a net loss of $1.6 million for 1Q17 ended March from a profit of $4.8 million last year.

Results

Rowsley swings back to profitability with 3Q earnings of $5.4 mil

SINGAPORE (Nov 2): Rowsley, the company controlled by Singapore billionaire Peter Lim, swung back into the black in 3Q16 with earnings of $5.4 million, compared to a loss of $4.2 million a year ago.

In print this week

Rowsley’s expansion plans offers soccer fans another way of betting

SINGAPORE (Oct 28): Manchester United legends Gary Neville and Ryan Giggs are making their marks off the pitch.

Man Utd legends Giggs, Neville to bring football hotels to Asia

SINGAPORE (Oct 26): Former Manchester United stars Ryan Giggs and Gary Neville, who have teamed up with Singapore billionaire Peter Lim on property developments in Manchester, are seeking to bring their football-themed hotels and cafes to Asia.
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