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SLB Development
Broker's Calls
SLB started at 'buy' as residential property market bottoms
SINGAPORE (June 1): SAC Advisors has initiated coverage on SLB Development, the property developer which was spun off from construction company Lian Beng Group, with a “buy” call and a target price of 28 cents.
June 01, 2018
M&A
Oxley-SLB JV acquires Pei-Fu Industrial Building for $76.3 mil
SINGAPORE (Apr 24): Oxley announced that its associated company, Oxley Kyanite, has today exercised the option to purchase issued on Apr 3 to acquire the Pei-Fu Industrial Building for $76.25 million.
April 24, 2018
Market Close
Both had IPO prices of 23 cents, so how did SLB and Asian Healthcare do on their Catalist trading debut?
SINGAPORE (Apr 20): Two new companies – SLB Development and Asian Healthcare Specialists – made their Singapore Exchange trading debuts on Friday.
April 20, 2018
IPO
SLB Development says public tranche of IPO 20.6 times subscribed
SINGAPORE (Apr 19): SLB Development, the property developer which was spun off from construction company Lian Beng, said the public tranche of its IPO was 20.6 times subscribed.
April 19, 2018
IPO
SLB launches IPO at 23 cents each to raise $54.7 mil
SINGAPORE (Apr 11): SLB Development, the property developer which was spun off from Lian Beng Group, will be selling 238 million new shares at 23 cents each in conjunction with its Catalist listing.
April 11, 2018
IPO
Lian Beng property spin-off SLB Development lodges prospectus
SINGAPORE (Mar 27): SLB Development, the long-awaited property development spin-off from Lian Beng Group, has lodged its preliminary prospectus.
March 27, 2018