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KKR
Property
KKR, Temasek takes 6% stake in Vinhomes for US$650 mil
Vinhomes, listed on the Ho Chi Minh Stock Exchange, has a real estate portfolio across residential, commercial and industrial sectors.
June 16, 2020
Offer
800 Super's independent adviser says shareholders should accept Lee family's offer
SINGAPORE (June 10): 800 Super Holdings says independent financial adviser (IFA) Novus Corporate Finance considers the privatisation offer from its controlling Lee family to be “fair and reasonable”.
June 10, 2019
M&A
KKR pursues US$700 mil sale of Singapore's MMI to Chinese fund
HONG KONG (Feb 15): KKR & Co. is in advanced talks to sell Singapore’s MMI Holdings Ltd. to a Chinese investor group, people with knowledge of the matter said, as it pursues an exit more than a decade after buying the hard-drive component maker.
February 15, 2018
KKR, Blackstone, RRJ and TPG dropping out of race for GLP, says FT
SINGAPORE (June 23): Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.
June 23, 2017
Emerging Markets
Opportunities abound in Indonesia turnaround
SINGAPORE (June 8): Southeast Asian giant Indonesia is finally turning things around.
June 08, 2017
Broker's Calls
5 reasons to consider adding this food manufacturer to your portfolio
SINGAPORE (Nov 30): Food manufacturer Japfa recently piqued investor interest after private equity firm KKR invested US$81.2 million ($115.7 million) for a 10.4% stake in the group’s Indonesian-listed subsidiary PT Japfa Tbk.
November 30, 2016
Results
Japfa’s 3Q earnings surge to US$48 mil on higher sales and margins
SINGAPORE (Oct 27): Japfa, the Indonesia-based supplier of animal protein, saw a sixfold jump in 3Q earnings to US$48 million ($67 million) from US$8 million a year ago on higher sales and margins.
October 27, 2016
Broker's Calls
Innovalues riding on the highway of growth, says CIMB
SINGAPORE (Oct 13): Innovalues, the manufacturer of automotive (AU) and office automation (OA) components, is on track to attain a 10-12% rise in FY16-17 sales with gross margin improvement of up to 32%, says CIMB analyst Ngoh Yi Sin in a Wednesday note.
October 13, 2016
In print this week
Japfa shares haven't stopped running since Cargill JV news
SINGAPORE (Sept 30): Japfa’s shares have risen 72% since the start of the year as the group continues to strengthen both its upstream and downstream businesses to provide more stable margins for the group.
September 30, 2016