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REITs
The way forward for S-REITs
We recall the tentative early days of S-REITs, the sector’s subsequent success, 20 years after the first REIT was listed
February 17, 2022
REITs
Time for Quarz Capital and Black Crane to make their case to Sabana Manager’s board and unitholders?
The Board of Sabana REIT's manager has asked Quarz Capital and Black Crane for details of their plans to internalise the manager
November 20, 2020
REITs
ESR-REIT and Sabana REIT press ahead with merger timelines as size becomes imperative
ESR-REIT and Sabana REIT issue their circular and scheme document, making their case of a merger
November 13, 2020
REITs
ESR-REIT receives in-principle approval from SGX, merger documents issued on Nov 12
ESR-REIT receives in-principle approval for issuance of new units; merger documents to be issued on Nov 12.
November 04, 2020
M&A
Mary Chia to acquire 80% of Monsoon Hairdressing for $3.05 million
To help pay for the acquisition, an investor Michael Marcus Liew will subscribe $800,000 worth of new Mary Chia Holdings shares
October 28, 2020
REITs
S&P Global Ratings gives CapitaLand Mall Trust 'A-' rating
The rating on CMT reflects the agency’s view of the REIT’s leading-market position following its merger with CCT.
September 30, 2020
REITs
Quarz, Black Crane plan to vote against ESR-REIT Sabana REIT merger
On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16. Sabana REIT’s unitholders are being offered 0.94x the price of ESR-REIT. Last month
August 07, 2020
REITs
ESR-REIT's manager says price for Sabana REIT is final, minority unitholders plan to vote against scheme
On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16. Sabana REIT’s unitholders are being offered 0.94x the price of ESR-REIT. Last month
August 07, 2020
Broker's Calls
CCT upgraded on potential merger with CMT
CCT gets boosted on potential merger with CMT
June 08, 2020
M&A
Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab
Gojek and Grab are competing well beyond ride-hailing in Southeast Asia, including in meal deliveries. Both aim to become consumers’ default, all-purpose app.
March 17, 2020