Kuok Khoon Hong

Broker's Calls

Consortium including Perennial, BreadTalk could net gain of $398 mil in potential AXA Tower sale

SINGAPORE (Aug 1): DBS Group Research says the consortium including Perennial Real Estate Holdings, BreadTalk Group, and Wilmar CEO Kuok Khoon Hong could realise a net gain of at least $398 million

Perennial-led consortium mulls en bloc sale of AXA Tower for $1.65 bil

SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than $1.65 billion.

Broker's Calls

Latest bid to take UE private will most likely fail, says Lim & Tan

SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.

M&A

Yanlord-led consortium to acquire stakes in UE, WBL Corp for up to $730 mil

SINGAPORE (July 13): A group led by Yanlord Land, together with Perennial Real Estate, is making an offer to acquire a 33.5% stake in United Engineers at $2.60 each.

Results

Wilmar reports 51% rise in 1Q earnings to $509 mil; CEO Kuok says spinoff listing of China ops possible

SINGAPORE (May 11): Agribusiness Wilmar International reported a 51% rise in 1Q earnings to US$361.6 million ($509 million).

Results

Wilmar posts 70% rise in 4Q earnings to $836 mil on stronger all-round performance

SINGAPORE (Feb 20): Agribusiness group Wilmar International reported a 70% increase in 4Q16 earnings to US$589.5 million ($836 million) from a year ago, driven by stronger performance across all bu

Jann Wenner to sell 49% of Rolling Stone to Singapore’s BandLab

SINGAPORE (Sept 26): There comes a time when even Jann Wenner needs a little help from his friends.

Tech

Billionaire's 28-year-old son picks digital music empire over palm-oil riches

SINGAPORE (Aug 26): Kuok Meng Ru didn't spend much time with his billionaire father when he was growing up.

Wilmar and Bunge form joint venture in Vietnam

SINGAPORE (July 5): Agribusiness giants Wilmar International Limited and Bunge Limited on Tuesday announced they are forming a joint venture in Vietnam to leverage both companies’ footprints in Asi

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