Search Results for:Manesha Pereira

SG Realty: Parkway Life Reit acquires Japanese properties, City Developments raises stake, Cash offer for IHC

Parkway Life Real Estate Investment Trust acquires four nursing homes and one group home in Japan for S$59.5 million, City Developments acquires an additional 30 per cent stake in Suzhou Global City Genway Housing Development Group and OUE launches a mandatory unconditional cash offer for International Healthway Corporation (IHC).


IoT developments in ASEAN highlight economic potential in the region

The 12th edition of the Asia IoT Business Platform 2017 held in Singapore for the first time, emphasised ASEAN’s economic potential and urged stakeholder to explore the region.


Singapore’s Committee on the Future Economy proposes new plans to encourage VCs

The Committee on Future Economy (CFE) published a report detailing steps that Singapore will undertake to maintain its sustained economic growth and competitive edge. Among the seven main sectors that the government-appointed panel underlined, a simpler regulatory framework for venture capital (VC) firms stood out.


Soo Kee enters Thai market with S$1.2m JV

Soo Kee Group announced on Thursday that it has entered into a memorandum of understanding with Thai jeweller Aurora Design to establish a joint venture company.


SG Dealbook: Hyflux advanced manufacturing; OUE increases stake; Healthway Medical takeover offer

Hyflux Ltd invests $30 million in advanced manufacturing and technology to step up its global competitiveness and OUE acquires an additional 9.29 per cent stake in International Healthway Corporation Limited in enhance shareholder’s value.Healthway Medical Corporation has received a takeover offer from a Lippo-linked vehicle valuing it at S$103 million.


SG Realty: Ho Bee sells London property; Yanlord acquires additional stake in Shenzhen Long Wei Xin

Ho Bee Land Limited sells its London office property for £94.5 million on a willing seller willing buyer basis and Yanlord Land Group Limited acquires an additional 19.9 per cent stake in Shenzhen Long Wei Xin Investment for RMB1.665 billion.


Singapore: GSH to divest Plaza Ventures to HK-listed Fullshare for S$725.2m

SGX-listed GSH Corporation Limited said its wholly-owned subsidiary, GSH Properties Pte Ltd, has entered into a binding sheet with Hong Kong-listed Fullshare Holdings Limited for the divestment of Plaza Ventures Pte Ltd for S$725.2 million.


SG: GLP acquires facilities in Chicago for $33m; Fragrance Group sets up subsidiary for Liverpool acquisition

GLP acquires 448,000 square feet of distribution facilities in Chicago for $33 million while Fragrance Group Limited incorporates a subsidiary in the United Kingdom for the acquisition of a Liverpool property.


SG Dealbook: HC Surgical Specialists in M&A; Keppel note subscription

HC Surgical Specialists acquires a 51 per cent stake in the total issued share capital of Julian Ong Endoscopy & Surgery for S$2.175 million while Keppel Corporation subscribes for 107.2 million notes with 964.9 million warrants under KrisEnergy.


SG: SIIC Environment acquires wastewater operations; Fragrance Group to acquire Imperial Hotel

SIIC Environment Holdings completes the acquisition of CITIC Envirotech Water Resource (Hegang) Co., Ltd for RMB112 million while Fragrance Group Limited has entered into a contract to acquire imperial hotel for £12.8 million.