acquisition

SINGAPORE (June 7): Four brokerages have expressed positive sentiment on news of Frasers Logistics & Industrial Trust’s (FLT) latest announcement of its maiden portfolio acquisition, and are thus unanimously reiterating their recommendations to buy the

SINGAPORE (June 2): Mapletree Investments, the Temasek-backed property development, investment and capital management company, acquired a portfolio of assets from Kayne Anderson Real Estate Advisors worth US$1.6 billion ($2.2 billion).

SINGAPORE (May 26): StarHub has announced an agreement to acquire a 51% stake in Accel Systems & Technologies for a total consideration of $19.4 million.

SINGAPORE (May 25): Atlantic Sky Investment, a wholly-owned subsidiary of property group Ocean Sky International, yesterday exercised the option to acquire a 999-year leasehold property at 6 Nim Drive from its vendor, Teddy Yap, for a purchase price of $4

SINGAPORE (April 7): CIMB Research is reiterating its “add” call on mm2 Asia with a higher target price of 60 cents as compared to 52 cents previously, highlighting the counter as a relatively more liquid play on the rising media trend in the region.

SINGAPORE (April 4): Affinity Capital, a wholly-owned subsidiary of telecom and IT service provider Si2i Limited, has entered into an agreement with SB ISAT Fund to acquire from it an e-commerce platform.

SINGAPORE (March 27): Neo Group’s 55%-owned subsidiary, Thong Siek Holdings, today entered into an exclusive dealing agreement with numerous parties to acquire their shares in Park Food Manufacturing.

SINGAPORE (March 21): Events catering company Neo Group has entered into a subscription agreement to acquire a 51% enlarged interest in Hi-Q Plastic Industries for a total consideration sum of RM1.6 million ($0.5 million), which is equivalent to 416,327 n

SINGAPORE (March 21): USP Group has failed to repay Precious Streams Holdings (PSHL) the 4.9 million of consideration shares by the deadline of March 20, 2017, the first anniversary of the date of loaned shares from PSHL.

SINGAPORE (March 20): United Overseas Australia is planning to acquire a 50% interest in a special purpose vehicle to develop a mixed used apartment building complex in Ho Chi Minh City, Vietnam.