Isetan (Singapore)

Isetan (Singapore)'s controlling shareholder makes privatisation offer at $7.20 per share - THE EDGE SINGAPORE

Company in the news

Isetan (Singapore)'s controlling shareholder makes privatisation offer at $7.20 per share

The offer price is at a premium of 173.4% over the last traded price of $2.63 on March 28.

Results

Isetan Singapore expected to report net loss for 1HFY2023

The anticipated net loss is due to a challenging environment faced by the retail segment and other factors.
Isetan (Singapore) will not renew lease for Parkway Parade store; reports earnings of $1.25 mil - THE EDGE SINGAPORE

Results

Isetan (Singapore) will not renew lease for Parkway Parade store; reports earnings of $1.25 mil

The company is looking to sell its share of the Wisma Atria property
REITs seen as sound bets as retailers reinvent themselves for the recovery - THE EDGE SINGAPORE

Investing ideas

REITs seen as sound bets as retailers reinvent themselves for the recovery

What's the best bet to ride on the retail industry recovery?

Results

Isetan 2Q losses narrow to $1.5 mil

SINGAPORE (Aug 14): Isetan announced 2Q losses narrowed by more than half to $1.5 million from $3.5 million the previous year.
Isetan (Singapore)

Isetan to sell Killiney property for $10 mil

SINGAPORE (June 15): Isetan (Singapore) on Wednesday announced the proposed disposal of Tai Wah Building at 112 Killiney Road to Soon Li Heng Civil Engineering for $10 million, exclusive of goods and services tax.
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