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Yanlord Land Group
Property
Yanlord-Hongkong Land JV wins Tulip Garden en bloc sale with $907 mil bid
SINGAPORE (Apr 12): Asia Radiant, a joint venture entity between Yanlord Land Group and Hongkong Land Holdings’ MCL Land, has won the tender for the en bloc sale of Tulip Garden with a bid of $906.9 million.
April 12, 2018
Property
Yanlord partners consortium to acquire 2 Tianjin land parcels for $1.6 bil
SINGAPORE (Apr 9): Yanlord Land Group, through its wholly-owned subsidiary Nanjing Renyuan Investment, has acquired a 19.8% interest in Tianjin Hefa Property and 16.5% interest in Tianjin Lianzhan Property Development for RMB 7.55 billion ($1.57 billion).
April 09, 2018
M&A
Yanlord acquires Hainan company for $6.6 mil
SINGAPORE (Mar 15): Yanlord Land Group's subsidiary, Hainan Yanlord Luqiao Investment, has acquired a 100% stake in Hainan Jinzhong Industrial Development for RMB32 million ($6.6 million).
March 15, 2018
Yanlord chairman Zhong Sheng Jian buys shares in own company again
SINGAPORE (Mar 8): Zhong Sheng Jian, chairman and CEO of Yanlord Land Group, has bought shares in his company from the open market this past week, bringing his level of interest in the China-based developer to 68.67%, from 68.52% a week ago.
March 08, 2018
Results
Yanlord Land posts 23% drop in 4Q earnings to $248.9 mil on lower contribution from JV and associates
SINGAPORE (Mar 1): Yanlord Land Group announced fourth quarter earnings dropped 23% to RMB 1.19 billion ($248.9 million) in 4Q17 from RMB 1.55 billion in 4Q16.
March 01, 2018
Results
Yanlord Land reports 11.2% rise in 3Q earnings to $128 mil on higher margins
SINGAPORE (Nov 13): Yanlord Land Group, the developer focusing on developing high-end integrated property projects in high-growth China cities, reported 3Q earnings rose 11.2% to RMB627.5 million ($128.6 million) from RMB564.2 million a year ago.
November 13, 2017
In print this week
What is fuelling the rise in M&A activities lately?
SINGAPORE (Nov 10): At least one new deal has been announced every day over the last week, with the largest being COSCO Shipping International (Singapore)’s $488 million offer for logistics services provider Cogent Holdings on Nov 3.
November 10, 2017
Property
Yanlord Land acquires majority stake in Chengdu site for $66 mil
SINGAPORE (Nov 9): Real estate developer Yanlord Land Group has, through its wholly-owned subsidiary Yanlord Land (Chengdu) Co., acquired an 80% interest in Chongzhou Yanlord Land Co. for RMB 321 million ($65.9 million).
November 09, 2017
Marco Polo Marine proposes restructuring scheme to get out of troubled waters
SINGAPORE (Nov 9): Troubled offshore services provider Marco Polo Marine has signed conditional investment agreements to raise $60 million from nine investors as part of a restructuring exercise.
November 09, 2017
Investing strategies
Singapore family-owned firms deliver greatest share price returns in Asia Pacific ex-Japan: Credit Suisse
SINGAPORE (Oct 26): Singapore family-owned companies delivered the greatest relative returns in share price of 7% compared to non-family-owned companies in Asia Pacific ex-Japan, and higher than the regional average of 3%, says a Credit Suisse research.
October 26, 2017