SG Realty: CapitaLand, ABR and Yanlord strike property deals


CapitaLand and Yanlord have been on acquisition drives while ABR Holdings has acquired a Bintan resort.

SG Dealbook: Mermaid Maritime acquisition; Allied Technologies divestment

Mermaid Maritime is to acquire a stake in a Cambodian firm while Allied Technologies is offloading its Suzhou unit. 

GLP establishes two new European funds post Gazeley acquisition

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.

SG Digest: Fincantieri ups Vard stake; Asti to sell STI Group

The acquisition of additional shares is part of Fincantieri’s move to privatise Vard and delist it from the SGX.

SG Realty: SingHaiyi sells US realty project for $95.3m; Keppel Land acquires two Vietnam sites

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.

SG Dealbook: AEvice, TEE International raise funding; Allied Technologies backs 8TPS

SGX-listed engineering firm TEE International has raised $15 million from Temasek’s Pierfront Capital.

Standard Chartered PE acquires Korea’s Sung Gyung Food in $123.5m deal

SG Food is Korea’s second largest toasted and seasoned laver brand.

SG Realty: Cityneon Holdings buys Scorpio East; Oxley Holdings on acquisition spree

Cityneon is acquiring the entire issued share capital of Scorpio East Properties from Catalist-listed KOP for S$2.9 million.

EQT-backed InCorp strikes third M&A this year, buys Philippines’ Kittelson & Carpo

The corporate services provider acquired three subsidiaries of CA Trust Group and APB Consultants earlier

Temasek co-leads $80m round in Tessa Therapeutics

Tessa Therapeutics will use the proceeds to further advance its clinical pipeline and to bring new therapies into clinical trials.