sale

Property

HLH sells hotel in D'Seaview project for $15.7 mil

SINGAPORE (Mar 26): HLH Group has sold the 10-storey, 98-room hotel component of its D’Seaview mixed-used development project in Sihanoukville, Cambodia, for a total cash consideration $15.7 million.
AFP file photo

Malaysia

Najib's associate charged over French submarine deal linked to murder of Mongolian translator

PARIS (Aug 2): A close associate of Malaysian Prime Minister Najib Razak has been charged in France over alleged kickbacks in the 2002 sale of submarines to his country, a judicial source told AFP on Tuesday.
Noble

Noble preps for a sale. Or at least its bonds do: Bloomberg Gadfly

SINGAPORE (March 7): If you believe the bond documents, Noble Group really is for sale.

Fan Bing Bing’s manager buys stake in mm2 Asia

SINGAPORE (Jan 19): Timothy Mou, the manager of Chinese actress Fan Bing Bing, has acquired 10 million shares in mm2 Asia at 48.5 cents each, through a sale of vendor shares by mm2 Asia’s CEO and executive chairman Melvin Ang.

Update

GLP confirms in prelim discussions for possible sale of company

SINGAPORE (Jan 5): Global Logistic Properties has confirmed that it is in preliminary discussions with various parties regarding the possible sale of the company.

Update

GLP said to seek bids for $11.3 bil company

SINGAPORE (Jan 5): Global Logistic Properties has begun formally reaching out to potential bidders for the US$7.9 billion ($11.3 billion) industrial property owner, people with knowledge of the matter said.

Temasek’s Mediacorp said to weigh sale of 1-Net data centre unit

SINGAPORE (Nov 22): Mediacorp, the broadcaster owned by Singapore state investment firm Temasek Holdings, is considering a sale of its data centre unit 1-Net, people with knowledge of the matter said.

Broker's Calls

UOB fancies UE as takeover rumours swirl

SINGAPORE (Nov 4): UOB Kay Hian is maintaining its “buy” call on United Engineers with a higher target price of $3.06 as the property group gears up for a possible sale.

Broker's Calls

United Engineers sale a boon for investors

SINGAPORE (Oct 27): UOB Kay Hian has initiated coverage on United Engineers (UE) , rating it a “buy” call with a target price of $2.96, citing the sale of the OCBC and Great Eastern stake a matter of when and not if.

Heeton disposes iLiv@Grange to private investors

SINGAPORE (Oct 2): Boutique developer Heeton Holdings has sold iLiv@Grange, its property development at 74 Grange Road, to a group of Singaporean private investors.
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