Oxley Holdings

Broker's Calls

Buying opportunity opens up for Oxley

SINGAPORE (July 12): Oxley Holdings’ recent share price correction has created a buying opportunity, says NRA Capital.

Broker's Calls

Bukit Sembawang, Oxley and GuocoLand downgraded by Maybank on property curbs

SINGAPORE (July 10): Property stocks Bukit Sembawang, Oxley and GuocoLand have had their recommendations downgraded by Maybank Kim Eng in light of new measures to cool the property market and keep price increases in line with economic fundamentals.

Broker's Calls

Time is ripe for developers as housing demand remains strong: Maybank KE

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.

Sysma secures $37.7 mil construction contract from Oxley for Pasir Panjang project

SINGAPORE (June 18): Sysma Holdings’ wholly-owned subsidiary, Sysma Construction, has won a contract worth $37.7 million for construction works at a residential project located at 231 Pasir Panjang Road in Singapore.

M&A

Oxley increases stake in Hanoi JV for $3.9 mil; acquires dormant company for HCMC projects

SINGAPORE (June 14): Oxley Holdings has increased its subsidiary Oxley MK Vietnam’s stake in the group’s Vietnam joint venture (JV) vehicle, Oxley MK Hanoi, from 20% to 29%.

Property

112 of 300 units put up for sale at Affinity at Serangoon sold over weekend: Oxley

SINGAPORE (June 4): Oxley Holdings says JV unit Oxley Serangoon sold 112 units out of the 300 units at Affinity at Serangoon during its Phase 1 launch over the weekend.

Broker's Calls

Oxley started at 'buy' on expectations of continued market outperformance

SINGAPORE (June 4): Maybank Kim Eng has initiated coverage on property developer Oxley Holdings at “buy” with a target price of 56 cents, which is based on a 20% discount to its RNAV of 71 cents.

Property

Oxley appointed by Irish government to redevelop land at Dublin's Connolly Station

SINGAPORE (May 9): Oxley Holdings says it has been appointed by Ireland’s government through its statutory corporation, Córas Iompair Éireann (CIE), to develop 1.96 ha of land into mixed-use properties at Connolly Station, Dublin 1, in the city centre

M&A

Oxley to acquire 10% stake in Aspen via placement for $23.3 mil

SINGAPORE (Apr 30): Oxley Holdings has agreed to subscribe to 97 million new shares at 24 cents each in Aspen (Group) Holdings via a placement exercise, for a total of $23.28 million.

M&A

Oxley-SLB JV acquires Pei-Fu Industrial Building for $76.3 mil

SINGAPORE (Apr 24): Oxley announced that its associated company, Oxley Kyanite, has today exercised the option to purchase issued on Apr 3 to acquire the Pei-Fu Industrial Building for $76.25 million.
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