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Sats reports 1HFY2023 loss of $32.5 million, proposed rights issue to be capped at $800 million
The company plans to withhold dividend payments for now
November 09, 2022
Oil & Gas
Rex International subsidiary acquires 40% stake in two North Sea licenses with two discoveries
The licenses come with the Iving and Evra discoveries and are located in the Utsira High area.
April 18, 2022
M&A
ESR Cayman acquires ARA Asset Management for US$5.2 billion
The combined entity will have US$129 billion in AUM.
August 04, 2021
M&A
GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil
The acquisition was completed on the same day, making Marquis Services a wholly-owned subsidiary of the company.
April 30, 2021
Results
CapitaLand China Trust records NPI of RMB264 mil for 1Q21
CLCT says NPI was boosted by better retail performance and contributions from new business parks.
April 27, 2021
M&A
Kimly acquires 60% stake in Klovex for $1 mil
The consideration will be partly satisfied by cash of $700,000, and partly by the issuance of 1 million new shares in Kimly.
April 01, 2021
REITs
ESR-REIT refinances $320 million, lowering financing cost, readies for acquisitions from parent
ESR-REIT refinances $320 million at lower costs, and looks forward to acquiring a portfolio of logistics assets from sponsor
February 01, 2021
Property
AIMS APAC REIT to acquire Sime Darby Business Centre for $102 mil
The acquisition will add 0.48 cents to the FY2020 distribution per unit (DPU) of 9.50 cents to 9.98 cents on a pro forma basis.
January 27, 2021
Fintech
Sea Limited acquires Indonesian bank to gain foothold in fintech
The move accelerates the company’s ambition to establish itself as a leader in financial technology and services across its region
January 13, 2021
REITs
Cromwell European REIT completes acquisition of Italian freehold intermodal logistics park for $89.5 mil
The acquisition was announced on Nov 25.
December 24, 2020