M&A

M&A

Singapore fund manager thinks JPY5380 Line tender is "very low"

SoftBank and Naver should offer at least 7,000 yen ($89.99) a share, Metrica Partners Pte said.

Infrastructure

Keppel investors flee stocks, bonds after failed Temasek deal

Shares of Keppel Corp. sank the most since November 2008 after a unit of Singapore state-backed investor Temasek Holdings scrapped its bid to take control of the oil-rig builder.

M&A

Sembcorp completes acquisition of Veolia’s public cleaning business for $19.2 mil

The amount was arrived at after taking into account VESS and VESSI’s earnings, book value, and values of their existing contracts.
Q&M shares surge 41% as it enters joint venture to manufacture Covid-19 test kits, vaccines

Covid-19

Q&M shares surge 41% as it enters joint venture to manufacture Covid-19 test kits, vaccines

Q&M Dental Group announced Thursday it is entering into a proposed joint venture to manufacture, sell and distribute diagnostic test kits and vaccines, including for Covid-19.
The deals will go on

M&A

The deals will go on

Hermes fans were not the only ones shopping in China. While many big companies have put M&A deals on hold, some just could not resist signing on the dotted line of what they think is a good bargain, Covid-19 or not.

Tech

5G and the winners of American 'state capitalism'

One key area that President Trump has identified as part of its attempt to “Make America Great Again” is to double down on its overall dominance in technology by expanding its lead and quickly playing catch-up in segments where it might lag.

Singapore Budget

Singapore's GIC buys into Yoma Bank, adding to Myanmar deals

“Post the introduction of the new investors, we will be the best capitalized local bank in Myanmar,” Yoma Bank Chief Executive Officer Dean Cleland said.

M&A

Frasers Property to acquire London business park for $238 mil

The park comprises three individual high-specification office buildings and has a net lettable area of 25,270 sqm.

Stocks To Watch

UMS Holdings: Shift into new industries and cheaper areas of production bode well for this company

SINGAPORE (Jan 17): UMS Holdings has gained from the turnaround in the semiconductor industry. In its most recent 3Q ended September 2019, UMS reported earnings of $9.2 million, a 21% improvement from the previous year. Revenue, too, increased 12% y-o-y t

M&A

Top Global to acquire 43 units in Thong Teck Building for $170 mil

SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building at 15 Scotts Road.  
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