By Shiwen Yap
CapitaLand and Yanlord have been on acquisition drives while ABR Holdings has acquired a Bintan resort.
Mermaid Maritime is to acquire a stake in a Cambodian firm while Allied Technologies is offloading its Suzhou unit.
The first fund, GLP Europe Income Partners I comprises a US$2.0 billion portfolio of Gazeley’s operating assets, and the second,
GLP Europe Development Partners is a development venture expected to reach US$2.0 billion when fully leveraged and invested.
The acquisition of additional shares is part of Fincantieri’s move to privatise Vard and delist it from the SGX.
Keppel Land is acquiring two prime residential sites in Ho Chi Minh city. The total land and development cost of the two sites adds up to $297 million.
SGX-listed engineering firm TEE International has raised $15 million from Temasek’s Pierfront Capital.
SG Food is Korea’s second largest toasted and seasoned laver brand.
Cityneon is acquiring the entire issued share capital of Scorpio East Properties from Catalist-listed KOP for S$2.9 million.
The corporate services provider acquired three subsidiaries of CA Trust Group and APB Consultants earlier
Tessa Therapeutics will use the proceeds to further advance its clinical pipeline and to bring new therapies into clinical trials.