M&A
Goodland acquires George Town freehold properties
SINGAPORE (July 18): GLG Global, a subsidiary of the Goodland Group, has acquired freehold properties in George Town, Penang for RM6 million ($2 million).
M&A
Ascendas India Trust to build and acquire warehouse in Panvel for $42.1 mil
SINGAPORE (July 11): The trustee-manager of Ascendas India Trust (a-iTrust) has entered into a construction funding and forward purchase agreement with a subsidiary of Arshiya, to develop an additi
M&A
OUE C-REIT and OUE-HT unitholders recommended to vote in favour of merger
SINGAPORE (July 10): The Independent financial advisers (IFAs) of OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE-HT) have advised the directors of both trusts to recommend unithold
M&A
Datapulse's hospitality quest on firmer footing with stake acquisition in local hotel
SINGAPORE (July 9): Datapulse Technology is taking another step towards its diversification into the hospitality industry – just months after it was thrust into the spotlight for buying a haircare
M&A
ST Group Food Industries acquires rights to NeNe Chicken brand in New Zealand
SINGAPORE (July 5): ST Food Industries (ST Group) has entered into a master franchise agreement with Hyein Foods Co for the exclusive rights to the ‘NeNe Chicken’ brand in New Zealand.
M&A
Asian Healthcare Specialists to acquire 51% stake in Cornerstone Asia Health
SINGAPORE (July 5): Asian Healthcare Specialists (AHS) has entered into a term sheet to acquire a 51% stake in Cornerstone Asia Health (CAH).
M&A
Dasin Retail Trust to acquire Guangdong mall for $275 mil
SINGAPORE (July 1): The trustee-manager of Dasin Retail Trust (DRT) is acquiring Documen Metro Mall in China for $274.8 million.
M&A
Singapore Life secures US$$90 mil investment from Sumitomo Life
SINGAPORE (July 1): Homegrown insurer Singapore Life has secured a US$90 million ($121.8 million) investment from Sumitomo Life Insurance Company, one of the largest life insurers in Japan.
M&A
Temasek to buy US$300 mil stake in logistics unit: Li & Fung
(June 28): Global sourcing and logistics group Li & Fung on Friday said Temasek Holdings would buy 21.7% of its subsidiary LF Logistics Holdings for US$300 million ($406.2 million), and the pro
M&A
Vividthree makes investment in OTT streaming platform XMI Group
SINGAPORE (June 25): Vividthree Holdings, the visual effects and CGI production studio, has made an investment in content streaming company XMI Group.
