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.

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.

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.

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.

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.

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.
  •  
×