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SingHaiyi Group
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.
February 17, 2023
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%
October 09, 2022
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.
July 28, 2022
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.
December 03, 2021
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
November 09, 2021
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.
November 02, 2021
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.
August 26, 2021
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.
May 07, 2021
New appointments
OKH Global promotes financial controller to CFO
Ng has served as the group financial controller since Oct 2016.
March 26, 2021
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.
May 23, 2019