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Pacific Star Development (PSD)

M&A

Pacific Star Development in $26 mil buyout of JV Puteri Cove project partner to secure loan

SINGAPORE (Dec 26): Catalist-traded Pacific Star Development is buying out its joint venture partner in the Puteri Cove project in Iskandar Malaysia for $26 million as it seeks external financing for working capital and its Bangkok development.

Results

Pacific Star Development posts 9.5% rise in 5Q earnings to $2.5 mil on higher revenue

SINGAPORE (May 8): Real estate developer Pacific Star Development saw its earnings grow 9.5% to $2.5 million for the 5Q ended March, compared to $2.3 million in the corresponding quarter a year ago.

Broker's Calls

Pacific Star Development rides on Asean's rising affluence

SINGAPORE (Nov 24): UOB KayHian likes Pacific Star Development (PSD), the property investment and development firm, which is capitalising on the rising affluence and urbanisation trends in Asean, fuelled by a burgeoning middle income class and young demog
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