The REIT is concurrently also launching a combination of a private placement, preferential offering, and debt to fund the purchase.
The Competition & Consumer Commission Singapore has submitted the BreadTalk-Food Junction merger proposal for public consultation.
Singapore’s healthtech company Doctor Anywhere has inked a strategic cooperation agreement with Vietnam Stock Exchange-listed Bao Minh Insurance.
Singapore Exchange Mainboard-listed Straits Trading Company Limited is proposing to acquire a south Australian property development for $30.43 million
The REIT is expected to finance the acquisition with proceeds from a private placement, debt financing, and internal cash.
IPOs & Markets
This is the second such notification received by the company.
SATS Ltd has completed the acquisition of its remaining interest in a JV for $12.28 million.
The completion of the merger between OUECR and OUEHT will create one of the largest diversified Singapore REITs.
The study also revealed that pension funds from emerging markets have become more prominent in the rankings in recent years.
The deal comes on the heels of PSA's acquisition of Canada's Halterm Container Terminal from MIP in August 2019.
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