Welcome!
Amara Holdings
Offer
Amara Holdings extends offer closing date to Jan 16
The new date is two weeks later than the original closing date of Jan 2.
January 02, 2024
Offer
Amara CEO Albert Teo and family offer 60 cents per share in unconditional cash offer
The offer consideration represents a 70.5% premium over one-month average prices, but is below Amara's book value of 69 cents.
November 14, 2023
Global Markets
The 'triumph' of hope over experience
This market temperature is kind of boring, but if we only look at the top volumes
June 22, 2023
Offer
Amara Holdings' share price surge in relation to possible transaction that may lead to offer for company’s shares
Shares in Amara closed 5 cents higher or 12.8% up at 44 cents on June 16 before its trading halt.
June 18, 2023
Results
Amara sees turnaround to end FY2021 with $7.5 mil profit
In light of the results, Amara declared a dividend of 0.5 cent per share for FY2021.
March 01, 2022
Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase
Southern Alliance Mining CEO Pek Kok Sam sees his stake rise while Amara director Tan Tiong Cheng makes his maiden purchase.
July 02, 2021
Property
Amara's new JVC enters into agreement to acquire freehold residential development at Surrey Road for $47.8 mil
The site has a total area of 11,977 sqft. It is allowed for residential development with a gross plot ratio of 2.8.
March 04, 2021
SGX Research Series: 10 in 10
Amara guns for multi-pronged growth in hospitality, property and F&B
Homegrown integrated lifestyle group Amara Holdings engages in three main businesses — Hotel Investment and Management, Property Investment and Development, and Speciality Restaurants and Food Services.
March 13, 2020
Quek family increases stake in GuocoLand, Amara CEO buys shares in the company
SINGAPORE (Nov 4): The Quek family, which controls GuocoLand, has increased its stake in the property developer following two off-market purchases. On Oct 29, GuocoLand Assets bought 17,141,975 shares at an average price of $2.05 per share. The following
November 01, 2019
Broker's Calls
Amara 2H sales to be driven by Shanghai, Singapore
SINGAPORE (Aug 21): RHB Research is remaining positive on Amara on stronger contributions from its Singapore and Shanghai hotel operations as well as contributions from its Singapore property developments.
August 21, 2018