Oxley Holdings

SINGAPORE (Apr 9): Oxley Holdings has sold 76% of the 170-unit The Verandah Residences at its official launch over the weekend on Apr 7-8.

SINGAPORE (Apr 4): Soochow SSD Capital Markets (SCCM) has started coverage on Oxley Holdings at “buy” with a target price of 63 cents, which is pegged at a 20% discount to end-2018 RNAV estimates.

SINGAPORE (Mar 27): Oxley Holdings is acquiring the property known as Ampas Apartment from the respective owners of the units in a collective sale.

SINGAPORE (Mar 26): Homegrown property developer Oxley Holdings has successfully raised about $78.1 million in net proceed through the placement of some 156.8 million shares at 51 cents each.

SINGAPORE (Mar 21): A rising tide is said to lift all boats. But amid a wave of en bloc deals on the back of improving sentiment in the Singapore property sector, SAC Advisors believes some developers could cruise to greater heights than others.

SINGAPORE (Mar 20): CapitaLand's subsidiary CapitaLand Retail has won a contract to manage a mall at The Peak in Phnom Penh, Cambodia.

SINGAPORE (Mar 16): Myanmar said a planned US$2.5 billion ($3.3 billion) redevelopment of the six-decade-old railway station in Yangon will get underway around June once contract negotiations are completed.

SINGAPORE (Mar 16): Oxley Holdings is selling 156.8 million new shares at 51 cents each in a private placement to institutional investors to raise nearly $80 million.

SINGAPORE (Mar 2): Oxley Holdings has raised its stake in United Engineers (UE) to 16% from 15.94%.

SINGAPORE (Feb 5): Oxley Holdings announced that its wholly-owned subsidiary, Oxley Pearl, is acquiring a 99-year leasehold estate located at 16 Lorong 35 Geylang for $13 million from Huang Shi Zong Hui or Huang Clan (Singapore).