SingHaiyi Group

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.
Chip Eng Seng chairman Tang still in "discussion" over possible share transaction - THE EDGE SINGAPORE

Company in the news

Chip Eng Seng chairman Tang still in 'discussion' over possible share transaction

Year to date, the company’s share price has gained 69.05%
Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil - THE EDGE SINGAPORE

Property

Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil

Park View Mansions was launched for collective sale by public tender on June 20 with an asking price of $260 million.
Peace Centre and Peace Mansion to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $650 mil - THE EDGE SINGAPORE

Property

Peace Centre and Peace Mansion to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $650 mil

The offer price of $650.0 million was made on Dec 2 by way of a private treaty, and was accepted on Dec 3.
Tangs offer to privatise SingHaiyi Group at 11.7 cents per share - THE EDGE SINGAPORE

Company in the news

Tangs offer to privatise SingHaiyi Group at 11.7 cents per share

As at Sept 30, the company’s net asset value per share was 14.96 cents
Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil - THE EDGE SINGAPORE

M&A

Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil

Singhaiyi disposes Tri-County Mall in US for below original purchase price.
Chairman Zhong of Yanlord Land and Tangs of SingHaiyi see stakes rise in respective companies - THE EDGE SINGAPORE

Chairman Zhong of Yanlord Land and Tangs of SingHaiyi see stakes rise in respective companies

The last time Zhong bought shares from the open market was on May 4 - at $1.36.
Chip Eng Seng, Singhaiyi win joint tender for enbloc acquisition of Maxwell House for $277 mil - THE EDGE SINGAPORE

Property

Chip Eng Seng, SingHaiyi win joint tender for enbloc acquisition of Maxwell House for $277 mil

Billionaire couple Gordon and Celine Tang are controlling shareholders for both Chip Eng Seng and SingHaiyi.
OKH Global promotes financial controller to CFO - THE EDGE SINGAPORE

New appointments

OKH Global promotes financial controller to CFO

Ng has served as the group financial controller since Oct 2016.

Results

SingHaiyi reports 48% rise in 4Q earnings to $9.7 mil on higher margins from US development

SINGAPORE (May 22): Property developer SingHaiyi Group reported a 47.6% rise in 4Q19 earnings to $9.7 million from a year ago, bringing FY19 earnings to $22.6 million, 20.3% lower than a year ago.
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