acquisition

HONG KONG (March 15): Billionaire Li Ka-shing won the approval of his shareholders to pursue the purchase of Australian power provider Duet Group, paving the way for the Hong Kong tycoon to diversify away from his reliance on Europe.

SINGAPORE (March 15): Spackman Entertainment Group has entered into a sale and purchase agreement to acquire a 100% interest in Korean equipment leasing company Frame Pictures from its owner, for a cash consideration sum of KRW 900 million ($1.1 million).

SINGAPORE (March 9): F&B player Neo Group has entered into an exclusive dealing agreement in relation to a proposed acquisition of shares in of shares in Asia Farm F&B (AFF).

SINGAPORE (March 9): Tax advisory and business consultancy company Axcelasia is acquiring Malaysian corporate governance advisory firm Audex for a sum of RM2.88 million ($0.9 million).

SINGAPORE (March 6): Oceanus Group says the Gulei Zhen municipal government in China plans to compulsorily acquire 13 of its abalone farms for urban planning.

SINGAPORE (March 4): Property group UOL is acquiring Hilton Melbourne South Wharf for A$230 million ($246 million).

SINGAPORE (Feb 23): Cache Logistics Trust (CLT) announced on Wednesday it is in the process of acquiring a single-storey warehouse with ancillary office space in the suburb of Melbourne, Australia for A$22.25 million ($24.27 million).

SINGAPORE (Feb 15): Eurosports Global said on Wednesday it has entered into a non-binding memorandum of understanding with Siu Tat Man to fully acquire Hong Kong based SS Ventures.

SINGAPORE (Feb 8): OUE says that its wholly owned subsidiary OUE Investments has acquired an additional 9.29% stake in International Healthway Corp.

SINGAPORE (Feb 2): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million ($103.7 million) in an exchange of contracts.