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sale and purchase agreement (SPA)
Deals, joint ventures & alliances
PSC Corporation terminates agreement to acquire Dean Fa Food Co
The termination came about as the closing conditions of the SPA could not be completed, says PSC Corporation.
October 14, 2022
Deals, joint ventures & alliances
Accrelist subsidiary Jubilee Industries enters into shareholders' agreement with UPC Electronics
Shares in Accrelist and Jubilee closed at 3.7 cents and 2.7 cents respectively on Oct 12.
October 13, 2022
M&A
Low Keng Huat to dispose entire stake in Westgate Tower and Westgate Commercial and fully acquire Paya Lebar Square
Low Keng Huat will also enter into a set-off agreement with Sun Venture Companies upon the completion of the transaction.
June 11, 2021
M&A
Sitra Holdings disposes entire stake in World Furnishing Hub for $3.7 mil
Shares in Sitra Holdings closed 0.1 cent lower or 5.9% down at 1.6 cents on March 24.
March 25, 2021
Contracts
GKE Corporation enters into definitive SPA for sale of 65% interest in Van Der Horst Logistics
Shares in GKE Corp closed 0.4 cent lower or 3.2% down at 12.3 cents on March 8.
March 08, 2021
Property
Frasers Property sells Beijing Fraser Suites Real Estate Management for RMB1.61 bil
The estimated net gain of the sale is around $90 million.
January 21, 2021
Company in the news
Pilgrim Partners-managed VCC assumes control of Fu Yu Corp in $58.3 mil deal
The VCC managed by Pilgrim Partners paid 26 cents per share, and capped the purchase at just below the GO trigger level.
January 18, 2021
REITs
Cromwell European REIT to acquire freehold intermodal logistics park in Italy for $84.2 mil
The acquisition is expected to be completed in December 2020.
November 25, 2020
Company in the news
Singtel JV company sells telecommunications towers for $950 mil
The transaction is expected to be completed by 1Q2021.
October 16, 2020
Property
Getting to the bottom of the Covid-defying property market
Using OTPs exercised instead of OTPs issued is more reflective of the true health of the Singapore property market.
October 02, 2020