acquisition

SINGAPORE (Aug 30): CIMB Research is maintaining its “hold” call on Mapletree Logistics Trust (MLT) with a higher target price of $1.13 as it continues to project total returns of less than 10%.

SINGAPORE (Aug 23): UOB Kay Hian is maintaining its “hold” call on media group Singapore Press Holdings (SPH) with a lower target price of $2.85 compared to $2.90, as well as a recommended entry price of $2.60.

SINGAPORE (Aug 18): Ascendas-Singbridge is acquiring 66 Goulburn Street, a Grade ‘A’ commercial building in Sydney’s central business district, for A$252 million ($270 million) from Australia-listed GDI Property Group.  

SINGAPORE (Aug 11): DBS Vickers Securities is maintaining its “buy” rating on Thai Beverage (ThaiBev) with an unchanged price target of $1.07.

SINGAPORE (July 24): Centurion Corporation is planning to acquire a portfolio of 1,936 beds in five student accommodation assets in US for a consideration of US$136 million ($187 million).

SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clie

SINGAPORE (July 18): SingPost says legal counsel WongPartnership LLP has issued a summary report setting out its observations concerning processes in the acquisition of TradeGlobal Holdings.

SINGAPORE (July 17): Mainboard-listed construction group Tiong Seng Holdings is acquiring two residential freehold sites along Jervois Road for total consideration of $21 million via a joint venture.

SINGAPORE (June 30): StarHub has agreed to subscribe to 87.7 million new shares in mm2 Asia at 57 cents each, which amounts to about $15 million in total, for strategic investment purposes.

SINGAPORE (June 19): Manulife US REIT is making its maiden acquisition.