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M&A
Centurion Corp set to acquire remaining 51% stake in Oriental Amber
The acquisition will be completed on Dec 21, following which Oriental Amber will become a 100%-owned subsidiary of Centurion.
December 15, 2023
Right Timing
Technicals versus fundamentals highlight poor sentiment surrounding acquisitions
Price action suggests investors don't like acquisitions or hints of acquisitions in this part of rate cycle
October 19, 2023
M&A
ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil
CDG is acquiring the business assets of Young’s Bus Services, including 42 buses and two depots.
July 21, 2021
REITs
Suntec REIT divests Suntec City office strata units for $197 mil; acquires The Minster Building in London for $667.2 mil
The London acquisition is said to be accretive to the REIT’s distribution per unit (DPU) and net asset value (NAV).
June 30, 2021
ESR-REIT eyes acquisitions overseas, AEIs at home
ESR-REIT plans acquisitions overseas supported by sponsor ESR Cayman, organic growth through AEIs at home
March 05, 2021
M&A
OCBC acquires remaining 51% stake in Horizon Asset Management for RM2.6 mil
Horizon, following the acquisition, is now a wholly-owned subsidiary of OCBC Bank through KIM Limited.
February 18, 2021
Stocks To Watch
Mapletree Logistics Trust: REIT that offers price stability, stable DPU in a volatile year
Mapletree Logistics Trust's $1 billion of acquisitions made in 2020 are likely to boost net property income in 2021.
February 10, 2021
REITs
Keppel DC REIT’s DPU surges 20.5% in FY2020, manager plans to continue with acquisitions
Keppel DC REIT plans to continue growth path after DPU surged 20.5% in FY2020 to 9.17 cents. At current prices yield is 3.17%
January 26, 2021
Funds
Xero prices zero coupon US$700 mil convertible notes due 2025
The settlement of the offering is expected on Dec 2, 2020.
November 25, 2020
M&A
Revez Corp acquires PGK Digital Networks for $4 mil, calls it a 'significant boost' to the mediatech landscape
The move is “strategically aligned” with Revez’s business vision for a full value-chain digitalisation for clients and partners.
October 27, 2020