M&A
Advanced Holdings disposes entire stake in ZMK Technologies for $2.1 mil
SINGAPORE (June 5): Advanced Holdings has disposed of its entire 85% stake in ZMK Technologies (ZMK) for a total consideration of €1.4 million (S$2.1 million) on Thursday.
M&A
Oxley Holdings disposes entire Galliard stake for $52.7 mil
SINGAPORE (June 5): Oxley Holdings’ wholly-owned subsidiary Oxley Bright has disposed of its entire 18.77% stake in Galliard Group (Galliard) for a total consideration of £30 million (S$52.7 millio
M&A
GIC in talks to acquire stake in StorageMart
(June 3): Singaporean sovereign-wealth fund GIC Pte is in talks to acquire a stake in StorageMart, which describes itself as the largest privately owned storage company in the world, according to p
M&A
Chip Eng Seng axes childcare centre deal in Australia
SINGAPORE (May 27): Property and construction company Chip EngSeng Corporation, which is trying to diversify into the regional educational services sector, has run into a hitch in Australia.
M&A
Wong Fong Industries acquires Hotel and Tourism Management Institute for $150,000
SINGAPORE (May 26): Wong Fong Industries, the provider of land transport engineering solutions and systems, announced Tuesday, that it has acquired HTMi Hotel and Tourism Management Institute (HTMi
M&A
Covid-19-induced market turmoil drives more M&A activity
SINGAPORE (Apr 24): Since the start of 2020, several stocks have seen their market capitalisation plunge due to the negative effects of the Covid-19 outbreak.
M&A
The deals will go on
SINGAPORE (Apr 17): This past week, the International Monetary Fund (IMF) warned that the “Great Lockdown” recession this year will be the steepest contraction in almost a century.
M&A
City Dev to acquire 51.01% joint controlling interest in China’s Sincere Property Group for $0.88 bil
SINGAPORE (Apr 15): City Developments (CDL) announced Wednesday it has just acquired 51.01% joint controlling interest in China’s Sincere Property Group for an initial investment of RMB 4.39 billio
M&A
Japfa to sell 25% stake in China dairy farming business to Meiji for $360 mil in strategic partnership
SINGAPORE (Apr 15): Agri-food company Japfa has agreed to sell a 25% stake in wholly-owned subsidiary AustAsia Investment Holdings to Japanese dairy giant Meiji for US$254.4 million ($359.9 million
