disposal

AF Global’s indirect wholly-owned subsidiary LC Logistics has disposed its entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development Co (XZYJLC) for a consideration of RMB292.8 million (S$57.6 million) on Friday (June 5).

Advanced Holdings has disposed of its entire 85% stake in ZMK Technologies (ZMK) for a total consideration of €1.4 million (S$2.1 million) on Thursday.

Oxley Holdings’ wholly-owned subsidiary Oxley Bright has disposed of its entire 18.77% stake in Galliard Group (Galliard) for a total consideration of £30 million (S$52.7 million), according to an SGX filing on Friday.

SINGAPORE (June 19): Tung Lok's wholly-owned subsidiary, Tung Lok Millennium (TLM), is disposing its entire 50% stake in T&T Gourmet Cuisine for $1.15 million.

SINGAPORE (May 22): Adventus Holdings is selling back a 45% stake in ADV S3 to its former joint venture (JV) partner, Tran Hoang Anh Tuan, for US$1.1 million ($1.5 million).

SINGAPORE (Feb 18): iX Biopharma is selling Chemical Analysis, its laboratory testing business in Australia, to Eurofins Australia New Zealand Holding for A$12.5 million ($12 million).  

SINGAPORE (Jan 29): Frasers Hospitality Trust (FHT) is putting up Sofitel Sydney Wentworth for sale at a time over A$1 billion worth of hotels are expected to change hands, according to The Australian.

SINGAPORE (Jan 28): Keppel Corporation announced that a wholly-owned subsidiary Keppel Land Limited (KLL), Portsville, is divesting a 70% interest in Dong Nai Waterfront City (DNWC) to Nam Long Investment Corporation for a consideration of VND 2,313 billi

(Dec 20): Private equity firm CVC Capital Partners is exploring options for Asia’s largest funeral services provider Nirvana Asia Ltd, including a possible sale, and a deal could be worth more than US$1.8 billion, a source familiar with the matter told