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Kuok Khoon Hong
Property
Perennial-led consortium sets up US$1.2 bil JV to develop high-speed railway linked mega healthcare developments in China
SINGAPORE (Jan 3): A Perennial Real Estate-led consortium has taken the first step to develop US$1.2 billion ($1.61 billion) worth of integrated healthcare property mega mixed developments in China linked by high speed railway (HSR) network.
January 03, 2018
Broker's Calls
Consortium including Perennial, BreadTalk could net gain of $398 mil in potential AXA Tower sale
SINGAPORE (Aug 1): DBS Group Research says the consortium including Perennial Real Estate Holdings, BreadTalk Group, and Wilmar CEO Kuok Khoon Hong could realise a net gain of at least $398 million in the potential en bloc sale of AXA Tower.
August 01, 2017
Perennial-led consortium mulls en bloc sale of AXA Tower for $1.65 bil
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than $1.65 billion.
July 31, 2017
Broker's Calls
Latest bid to take UE private will most likely fail, says Lim & Tan
SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.
July 14, 2017
M&A
Yanlord-led consortium to acquire stakes in UE, WBL Corp for up to $730 mil
SINGAPORE (July 13): A group led by Yanlord Land, together with Perennial Real Estate, is making an offer to acquire a 33.5% stake in United Engineers at $2.60 each.
July 13, 2017
Results
Wilmar reports 51% rise in 1Q earnings to $509 mil; CEO Kuok says spinoff listing of China ops possible
SINGAPORE (May 11): Agribusiness Wilmar International reported a 51% rise in 1Q earnings to US$361.6 million ($509 million).
May 11, 2017
Results
Wilmar posts 70% rise in 4Q earnings to $836 mil on stronger all-round performance
SINGAPORE (Feb 20): Agribusiness group Wilmar International reported a 70% increase in 4Q16 earnings to US$589.5 million ($836 million) from a year ago, driven by stronger performance across all business segments and recognition of deferred tax assets of
February 20, 2017
Jann Wenner to sell 49% of Rolling Stone to Singapore’s BandLab
SINGAPORE (Sept 26): There comes a time when even Jann Wenner needs a little help from his friends.
September 26, 2016
Tech
Billionaire's 28-year-old son picks digital music empire over palm-oil riches
SINGAPORE (Aug 26): Kuok Meng Ru didn't spend much time with his billionaire father when he was growing up.
August 26, 2016
Wilmar and Bunge form joint venture in Vietnam
SINGAPORE (July 5): Agribusiness giants Wilmar International Limited and Bunge Limited on Tuesday announced they are forming a joint venture in Vietnam to leverage both companies’ footprints in Asia.
July 05, 2016