Pua Seck Guan

SINGAPORE (June 16): Minority shareholders of Perennial Real Estate Holdings should accept the privatisation offer made by the company’s substantial shareholders together with Chinese asset manager HOPU Fund Management Company, according to CGS-CIMB.

HOPU will fund the balance 17.57% of shares to be acquired from the minority shareholders

Earlier in the day, shares of Perennial surged 14.85% to a nine-month high of 58 cents.

SINGAPORE (Sept 12): United Engineers (UE) on Tuesday announced the appointment of Zhong Sheng Jian and Pua Seck Guan as its new directors.

SINGAPORE (Aug 1): DBS Group Research says the consortium including Perennial Real Estate Holdings, BreadTalk Group, and Wilmar CEO Kuok Khoon Hong could realise a net gain of at least $398 million in the potential en bloc sale of AXA Tower.

SINGAPORE (May 31): United Engineers’ largest shareholders picked Perennial Real Estate Holdings for final talks to buy the century-old Singapore property group, people with knowledge of the matter said.