Kuok Khoon Hong

The proposed acquisition is said to allow Chip Eng Seng to acquire a meaningful stake in a prime real estate site in the CBD

The total dividend for FY2020 stands at 19.5 cents, the highest given out by the group since its listing.

SINGAPORE (June 16): Minority shareholders of Perennial Real Estate Holdings should accept the privatisation offer made by the company’s substantial shareholders together with Chinese asset manager HOPU Fund Management Company, according to CGS-CIMB.

HOPU will fund the balance 17.57% of shares to be acquired from the minority shareholders

Earlier in the day, shares of Perennial surged 14.85% to a nine-month high of 58 cents.

(June 12): Wilmar International, one of the world’s largest food producers, is planning to boost its soybean crushing capacity in China even as a deadly pig-killing virus cuts demand for animal feed.

SINGAPORE (Dec 11): Wilmar International last week signed a joint statement with Aidenvironment Asia, a not-for-profit consultancy in the field of sustainable production and trade, to reaffirm its commitment to “break the link between oil palm cultivati

SINGAPORE (Nov 28): Wilmar, the largest palm oil processor in the world, has appeared in the “danger zone” of Exotix Capital’s cashflow stress test.

SINGAPORE (July 5): Wilmar International says it will be strengthening and reaffirming its commitment towards its No Deforestation, No Peat and No Exploitation (NDPE) Policy, following news of the resignation of co-founder Martua Sitorus and Indonesia hea

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.