Welcome!
logistics
Vibrant Group acquires ASX-listed thermal coal producer for $40 mil
SINGAPORE (July 13): Vibrant Group has acquired Blackgold International Holdings, a China-based thermal coal producer listed on the Australian Securities Exchange (ASX), for a consideration of A$36.6 million ($40 million).
July 13, 2017
Billionaire Sy's group counts on logistics growth, CEO says
(May 31): Almost 60 years after turning a shoe shop in Manila into a banking-to-property conglomerate that’s made him the richest man in the Philippines, billionaire Henry Sy has found the next growth engine for his group: logistics.
May 31, 2017
In print this week
Are fees paid to REIT managers really the problem?
SINGAPORE (April 13): The extraordinary general meeting requisitioned by 66 disgruntled unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) that has been scheduled for April 28 could see a lively debate about t
April 13, 2017
Local logistics startup introduces same-day self-collection service
SINGAPORE (April 6): blu, a logistics start-up in Singapore, has announced a same-day self-collection service 41 self-collection lockers dubbed bluPorts located nationwide locations including shopping malls, office buildings and convenience stores.
April 06, 2017
Tech
China’s robotics spending projected to hit $83 bil in 2020
SINGAPORE (April 4): China’s spending on robotics and related service is projected to more than double in the years to come, growing to US$59.4 billion ($83 billion) in 2020 from US$24.6 billion currently, according to IDC’s latest edition of its Worl
April 04, 2017
Vibrant Group enters JV agreement for $10.3 mil investment in China logistics company
SINGAPORE (March 30): Vibrant Group, the provider of integrated business solutions in Singapore, has entered into a joint venture agreement with Figtree Developments (FDPL) to subscribe for an overall 51% stake in China-incorporated logistics company Puch
March 30, 2017
Broker's Calls
SingPost put on ‘hold’ in anticipation of new CEO
SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to be put on hold until new CEO, Paul Coutts officially
March 27, 2017
GLP clinches new leases in China, Japan
SINGAPORE (March 9): Logistics facilities provider GLP has signed 69,000 sqm of new leases in China and Japan over the past three months.
March 09, 2017
In print this week
Why EC World REIT should not be valued like a traditional property trust
SINGAPORE (March 3): Alvin Cheng, deputy CEO of EC World REIT’s manager, thinks the trust is not garnering the market valuations it deserves as it is being compared to other traditional REITs.
March 03, 2017
M&A
Yoma Strategic to establish food distribution platform in Myanmar through Metro JV
SINGAPORE (Feb 24): Yoma Strategic Holdings has entered into a strategic partnership with Metro Group Wholesale & Food Specialist Company to establish a one-stop food distribution platform in Myanmar through the formation of joint venture (JV) company, Me
February 24, 2017