expansion

SINGAPORE (Jan 4): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents, implying 26 times FY18 earnings, which is on par with its regional peers.

SINGAPORE (Jan 4): DBS Vickers Securities is reiterating its “buy” on Perennial Real Estate Holdings with a $1.05 price target given the research house is positive on its medium- to long-term development plans.

SYDNEY (Dec 5): Amazon.com Inc. launched in Australia on Tuesday, offering millions of products and one-day delivery in some areas as the web retailer seeks to seize a share of the nation’s growing online retail market.

SINGAPORE (Nov 22): Broadband provider MyRepublic has secured a $70 million investment from Makara Innovation Fund to accelerate its growth in current markets as well as scale up product and service offerings.

SINGAPORE (Nov 8): Charles Schwab today announced the launch of its Singapore office, Charles Schwab Singapore, to empower Asian investors whose investment portfolios are underexposed to the US market due to high transaction fees.

SINGAPORE (Nov 6): Jumbo Group today announced that it has entered into a joint venture (JV) agreement with Baipin Co. to introduce the “JUMBO Seafood” brand to Taiwan.

SINGAPORE (Oct 19): Mainboard-listed Dragon Group International is diversifying from electronics into mining although investor interest after the announcement remained muted.

SINGAPORE (Sept 27): ValueMax, the operator of pawnbroking and moneylending services, is purchasing all of Sengkang Pawnshop’s 2,470,000 shares for a consideration of $3.6 million.

SINGAPORE (Sept 6): CapitaLand is acquiring the 192-unit serviced residence, Ascott Sudirman Jakarta, for $74.3 million.

SINGAPORE (Aug 10): DBS Vickers Securities is maintaining its “hold” call on restaurant operator Jumbo Group while lowering its target price to 67 cents from 72 cents previously, with the view that the group’s growth plans may be challenged by highe