bid

M&A

Worldwide Hotel Group unit places record bid for rare hotel site after cooling measures

Editor's note: We have corrected an earlier version of Bloomberg's story to say Midtown Development is a subsidiary of Worldwide Hotel Group, and not Oxley as previously stated

Broker's Calls

GLP’s potential privatisation could be ‘strategic move’ for further asset control

SINGAPORE (Dec 2): UOB Kay Hian is maintaining its “buy” recommendation on Global Logistic Properties (GLP) with an unchanged target price of $2.40.

GLP says JPMorgan appointed to undertake strategic review

SINGAPORE (Dec 2): Global Logistic Properties (GLP) has acknowledged that it is undertaking strategic review following a request from its largest shareholder, GIC Real Estate, and has appointed JPM

AirYotta backs out of race for Singapore’s 4th telco; two bidders left

SINGAPORE (Nov 16): AirYotta today announced it has dropped out of the race to become Singapore’s fourth telco as it “did not meet all of the Infocomm Media Development Authority’s requirements for

Temasek said to be among second-round bidders for Learfield

SINGAPORE (Sept 17): Temasek Holdings, the Singaporean state-owned investment group, is among the bidders for Learfield Communications Inc., people familiar with the matter said.

AirYotta joins race for fourth telco licence

SINGAPORE (Sept 1): A newly-formed data-first telecommunications company has joined the race in becoming Singapore’s fourth mobile operator.

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