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ARA Asset Management
John Lim-led consortium mulls ARA Asset Management buyout
SINGAPORE (Nov 4): A consortium led by ARA Asset Management’s founder John Lim is said to be considering a buyout of the company, according to people familiar with the situation.
November 04, 2016
Century Link investment a feather in ARA’s cap
SINGAPORE (Oct 27): ARA Asset Management on Wednesday closed its Harmony VI fund which will be used to invest up to RMB 20 billion ($4.1 billion) in Century Link, a brand new integrated commercial development in Shanghai, in what is being touted as “ARA
October 27, 2016
Stocks To Watch
OCBC, ARA, Lum Chang, Sheng Siong, CITIC, Tritech, Ntegrator
SINGAPORE (Oct 27): Here are some factors and stocks that could move the market this Thursday morning:
October 27, 2016
ARA sets up Harmony 6 fund to invest in $4 bil Shanghai development
SINGAPORE (Oct 26): ARA Asset Management has established its ARA Harmony VI fund on Wednesday, to invest in a newly-completed premium grade integrated commercial property, Century Link, worth RMB 20 billion ($4.1 billion).
October 26, 2016
ARA said to clinch deal to purchase Capital Square office tower stake
SINGAPORE (Sept 15): ARA Asset Management has won the bid for a stake in Capital Square office tower in Singapore's central business district, according to people familiar with the matter.
September 15, 2016
Broker's Calls
ARA ‘well positioned’ to grow
SINGAPORE (Aug 3): DBS Vickers Securities is keeping its “buy” recommendation on ARA Asset Management with a target price of $1.76 on the back of strong growth in the first half of 2016.
August 03, 2016
Results
ARA posts 7% rise in half-year net profit to $36.5 mil
SINGAPORE (Aug 2): ARA Asset Management posted a 9% rise in 1H16 earnings ended June to $38.7 million from $35.4 million a year ago.
August 02, 2016
Fortune REIT posts 6% rise in DPU to 24.78 HK cents on higher revenue
SINGAPORE (July 25): Hong Kong retail real-estate investment trust Fortune REIT posted a distribution per unit of 24.78 HK cents (4.3 cents) for the six months ended 30 June 2016 (1H16), 6% higher from its DPU of 23.38 HK cents in 1H15.
July 25, 2016
Broker's Calls
Hunt for yields and safe havens as Brexit could trigger contagion: DBS Vickers
SINGAPORE (June 28): Despite the Brexit’s limited economic impact on Singapore, DBS Vickers is warning of a potential contagion scenario, where the Brexit triggers a chain reaction among other EU nations demanding to hold their own referendums breaking
June 28, 2016
ARA Asset said to bid for Capital Square tower stake
SINGAPORE (June 22): ARA Asset Management is bidding for a stake in Singapore's Capital Square office tower in the city's central business district, according to people familiar with the matter.
June 22, 2016