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asset disposal
M&A
Casa Holdings disposes JV property for $9.5 mil
Casa Holdings disposes 3 parcels of land in Johor for $9.5 mil.
September 20, 2023
M&A
Raffles Education disposes of Swiss property for CHF11.5 mil
Raffles Education is disposing off its asset in Switzerland to a subsidiary for CHF11.5 mil.
July 05, 2023
M&A
Beng Kuang to sell one-third of its Batam shipyard for $8.64 mil
Beng Kuang Marine is disposing a part of its stake in its Batam shipyard for $8.6 mil.
April 12, 2023
Company in the news
USP Group divests Joo Koon property for $5.3 mil to repay mortgage
USP Group is disposing off its subsidiary's HQ in Joo Koon for $5.3 million to repay its mortgage and defaults.
November 22, 2022
F&B sector
Kimly to dispose its confectionary business for $2.8 mil
The purchase price represents a $2,581,196 excess over the book value of the assets and the gain on disposal.
September 09, 2022
Company in the news
Hoe Leong Corp disposes factory-office property in Johor for $3.4 mil
Hoe Leong Corp disposes property in Johor, Malaysia for RM10.8 million.
July 13, 2022
M&A
Singhaiyi disposes Tri-County Mall in Ohio for US$29 mil
Singhaiyi disposes Tri-County Mall in US for below original purchase price.
November 02, 2021
Broker's Calls
Koufu's disposal gains may mean a special dessert for shareholders
Koufu shareholders might see a special surprise.
March 16, 2021
Property
Hong Leong Asia subsidiary disposes China asset for $28.3 mil
Shares in Hong Leong Asia closed 1.5 cents lower, or 3.2% down, at 45.5 cents on September 30.
September 30, 2020
Company in the news
Hoe Leong disposes offshore utility support vessel for US$1.83 mil
Hoe Leong Corporation, through its wholly-owned indirect subsidiary Arkstar Unicorn Pte. Ltd., has disposed of its offshore utility support vessel, also named Arkstar Unicorn, for a proposed consideration of US$1.83 million ($2.51 million).
August 12, 2020