Gordon Tang

SingHaiyi undertakes rights issue to raise $143 mil in net proceeds
SINGAPORE (Dec 27): SingHaiyi Group is selling up to 1.435 billion new shares at 10 cents each. The issue price of 10 cents represents a discount of 11.8% to the theoretical ex-rights price of 11.3 cents each, says the property group in a Tuesday night filing. As at 10.50am, shares in SingHaiyi are trading at 12 cents. The rights issue is to raise proceeds to pursue property investments ...
SingHaiyi submits winning bid of $81.1 mil in en bloc purchase of How Sun Park
SINGAPORE (Nov 28): SingHaiyi Group has emerged as the winning buyer in the collective purchase for the property at How Sun Park, a freehold property with a site area of 5,104.3 sqm. The winning bid of $81.1 million was submitted by SingHaiyi Huajiang Amber, a subsidiary of SingHaiyi, was duly accepted by the owners of the property on Tuesday. SingHaiyi Huajiang Amber is a 50-50 joint ...
Gordon Tang of Singhaiyi becomes substantial unitholder in OUE C-REIT
SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT). Tang, who heads property developer Singhaiyi Group, now owns 7.68% of OUE C-REIT, up from his previous holding of 4.88%, following a private placement. Tang was a cornerstone investor in OUE Commercial REIT when it was listed in 2014. According to analyst Tata ...