call option

Deals, joint ventures & alliances

Accrelist subsidiary Jubilee Industries enters into shareholders' agreement with UPC Electronics

Shares in Accrelist and Jubilee closed at 3.7 cents and 2.7 cents respectively on Oct 12.

Perennial secures call option to buy 20% stake in Aviva Tower, UK, for £330 mil

SINGAPORE (Nov 29): Perennial Real Estate announced that is has secured a call option agreement for US$4 to acquire a 20% stake in Aviva Tower based on an agreed property value of £330 million ($584 million).

F&N exercises option to buy remaining 30% stake in Yoke Food Industries

SINGAPORE (Nov 23): Fraser & Neave’s wholly owned subsidiary MDSB has exercised a call option to acquire the remaining 30% of the issued share capital of Yoke Food Industries for RM23.4 million ($7.5 million).