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expansion
GLP signs lease agreement for Walmart expansion in China
SINGAPORE (Oct 11): Global Logistic Properties (GLP) today announced a new 32,000 sq m build-to-suit agreement with Walmart to expand the American retail corporation’s existing location in Southern China.
October 11, 2016
China Focus
China hands over G20 stewardship with economy stable, for now
NEW YORK (Oct 10): China has turned from a shaky steward to a stalwart of the Group of 20.
October 10, 2016
Advancer Global acquires 76% stake in Newman & Goh for $3 mil
SINGAPORE (Sept 9): Catalist-listed Advancer Global today announced its wholly-owned subsidiary, Advancer Global Facility, has acquired 76% of the shares of Newman & Goh Property Consultants and its associate company, Newman & Associate, for an aggregate
September 09, 2016
Broker's Calls
UG Healthcare's ASP and gross margin have bottomed out. What's next?
SINGAPORE (Aug 29): Maybank Kim Eng is downgrading UG Healthcare to a “hold” with a lower target price of 37 cents from 52 cents previously, on lower second-half core growth and earnings expectations.
August 29, 2016
Soup Restaurant Group opening five new outlets by Oct
SINGAPORE (Aug 17): Soup Restaurant Group is opening five new outlets by October.
August 17, 2016
Keppel DC REIT acquires data centre in Italy for $57.3 mil
SINGAPORE (Aug 12): Keppel DC REIT is acquiring a data centre’s shell and core building in Milan, Italy, for a purchase consideration of EUR37.3 million ($57.3 million).
August 12, 2016
GKE to acquire TNS Ocean Lines for $9 mil
SINGAPORE (July 29): GKE Corporation has entered into a memorandum of understanding (MoU) to acquire a 100% stake in TNS Ocean Lines from its vendors for a purchase consideration $9 million.
July 29, 2016
Keppel T&T wins over $144 mil in data centre contracts
SINGAPORE (July 20): Keppel Data Centres, a subsidiary of Keppel Telecommunications and Transportation (Keppel T&T) has secured more than $144 million in contracts at two of its data centres, Keppel DC Singapore 3 and Keppel DC Singapore 4.
July 20, 2016