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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.
March 26, 2018
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.
August 02, 2017
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.
March 07, 2017
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.
January 19, 2017
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.
January 05, 2017
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.
January 05, 2017
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.
November 22, 2016
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.
November 14, 2016
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.
October 27, 2016
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.
October 02, 2016