John Lim

Two of Suntec Real Estate Investment Trust’s (Suntec REIT) substantial shareholders have spent around $16.3 million to scoop up sizeable stakes in the REIT earlier this month.

(Nov 28): Cromwell Property Group has narrowly fended off an attempt by Singapore’s ARA Asset Management to get its preferred candidate onto the board, the latest tussle between the Australian real estate manager and its largest shareholder.

SINGAPORE (July 13): ARA Asset Management is issuing $300 million worth of perpetual securities carrying a coupon of 5.2%.

SINGAPORE (Dec 5): ARA Asset Management, which is going through a buyout offer made by a consortium including its founder, has received support from major shareholder Franklin Templeton.

SINGAPORE (Nov 28): The privatisation of ARA Asset Management by Warburg Pincus, AVIC Trust, Straits Trading and ARA’s founder John Lim, could see a major setback as China’s State Council is due to announce new measures over the review of overseas dea

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.

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.

SINGPORE / HONG KONG (May 20): ARA Asset Management, a manager of real estate trusts partly owned by billionaire Li Ka-shing, sees opportunities in China, Australia and South Korea as it prowls for deals with a war chest of as much as US$3 billion ($4.1 b