shareholders’ agreement (SHA)

Chip Eng Seng enters into agreements with its JV partners to redevelop Peace Centre and Peace Mansion - THE EDGE SINGAPORE

Property

Chip Eng Seng enters into agreements with its JV partners to redevelop Peace Centre and Peace Mansion

The partners, through their JVCos, have also entered into a facility agreement with several banks for a loan of $835.7 million.

Deals, joint ventures & alliances

Sim Leisure Group now estimates project cost of ESCAPE Sri Lanka to be at US$2 mil in new SHA

Sim Leisure Group is a Malaysian theme park operator that debuted on the Catalist board of the Singapore Exchange on Mar 1, 2019.

Deals, joint ventures & alliances

Accrelist subsidiary Jubilee Industries enters into shareholders' agreement with UPC Electronics

Shares in Accrelist and Jubilee closed at 3.7 cents and 2.7 cents respectively on Oct 12.
PEC disposes 25% stake in Huizhou Tianxin Petrochemical Engineering for consideration of RMB7.5 mil - THE EDGE SINGAPORE

M&A

PEC disposes 25% stake in Huizhou Tianxin Petrochemical Engineering for consideration of RMB7.5 mil

PEC intends to use the proceeds of the disposal for general working capital requirements.
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