M&A

CICT converts subsidiary SWP to LLP, unitholders to enjoy tax transparency treatment  - THE EDGE SINGAPORE

M&A

CICT converts subsidiary SWP to LLP, unitholders to enjoy tax transparency treatment

CICT unitholders will be able to enjoy tax transparency treatment on the income from 79 Robinson Road.
An eventful week for REITs - THE EDGE SINGAPORE

REITs

An eventful week for REITs

LREIT raises equity to pay for Jem, MNACT gets an all cash offer from MCT, and the ALOG ESR-REIT merger gets the greenlight

Broker's Calls

UOB KH sees DCR expanding footprint to Europe and APAC, ups target price

UOB KH foresees the REIT expanding its footprint, which may lead to an increase in DPU in 2023
Acquisitions for GVT is 'booster shot' for the company: KGI - THE EDGE SINGAPORE

Broker's Calls

Acquisitions for GVT is 'booster shot' for the company: KGI

KGI expects the company's upcoming results to be a catalyst for its share price, which has fallen almost 30% from its peak.

Regulator's column

What issuers and shareholders should be aware of in respect of proxy votes for scheme of arrangement meetings

Relevant Intermediaries have been specifically directed by the Court that they need not cast all the votes one way
ComfortDelGro en route to becoming UK's second largest coach operator after £8.75 million deal with Stagecoach Group - THE EDGE SINGAPORE

M&A

ComfortDelGro en route to becoming UK's second largest coach operator after £8.75 million deal with Stagecoach Group

With this, the group will have a market share of 11%, thereby strengthening its presence in the UK.

M&A

Metro acquires two properties in Singapore and Australia, appoints Ascott to manage Indonesia serviced residences

Metro has acquired two additional properties in Singapore for about $150 million, and appoints Ascott to manage its Indonesia SRs.
Singpost subsidiary disposes of GSC for $85.1 mil to Triforce Investments - THE EDGE SINGAPORE

M&A

Singpost subsidiary disposes of GSC for $85.1 mil to Triforce Investments

Singpost has disposed of GSC, which mainly provide warehousing, storage, and logistics services, for $85.1 mil.

M&A

Union Steel to acquire BTH Holdings as it looks to expand into marine and offshore, oil and gas sectors

Union Steel has announced the signing of a non-binding term sheet to acquire the entirety of BTH Holdings for $17 million.
Loke Wai San has spent at least $234 mil to acquire stakes in Singapore-listed tech manufacturing companies. Here’s why - THE EDGE SINGAPORE

Company in the news

Here's why Loke Wai San has spent at least $234 mil to acquire stakes in Singapore-listed tech manufacturing companies

Loke Wai San, co-founder of Novo Tellus and AEM chairman, has went on an acquisition spree of over $230 million. Here's why.
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