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new acquisitions
M&A
Dyna-Mac acquires Exterran Offshore for US$8.25 million
Exterran’s yard facilities of some 4.5 hectares along Gul Road will provide additional fabrication capacity for the company.
January 03, 2024
M&A
Banyan Tree fully acquires China JV companies for RMB480 mil
Banyan Tree will fund the RMB425 million cash component of the transaction through its internal resources.
December 29, 2023
Healthcare
Econ Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil
Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.
November 29, 2023
M&A
Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil
Keppel expects to acquire the remaining 50% stake in Aermont in 2028.
November 29, 2023
Company in the news
HS Optimus to acquire six Brunei shophouses for $1.92 mil
Completion of the acquisition is expected to take place at the end of the fourth quarter of 2024.
November 27, 2023
REITs
MLT to acquire properties in Japan, Australia and South Korea for $913.6 mil
The acquisitions will boost MLT’s portfolio rejuvenation towards a “resilient and future-ready portfolio”, says the REIT manager.
March 30, 2023
M&A
Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company
Shares in Sunpower closed 10 cents higher or 11.7% up at 95.5 cents on Jan 12.
January 12, 2021
M&A
F&N to acquire Sri Nona companies for RM60 mil
The proposed acquisition will be paid using the company’s internal funds and is expected to be completed in 1Q2021.
December 15, 2020
Results
Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update
For the nine-month period, the REIT also saw a 16.5% y-o-y growth in DPU of 6.732 cents.
October 20, 2020
Broker's Calls
Keppel DC REIT slated for 'record DPU' in FY20 on accretive acquisitions, says DBS
SINGAPORE (Dec 18): DBS Group Research is maintaining its “buy” call on Keppel DC REIT (KDCREIT) with a target price of $2.23, translating into a potential 13% upside for the stock.
December 18, 2019