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).
Ricky DyBuncio

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.
Sabana REIT 8 Commonwealth Lane

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

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.  

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

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

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

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.

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.

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
×