land

M&A

Tiong Seng acquires two vacant land plots in Johor for $10 mil

SINGAPORE (June 18): Construction group Tiong Seng Holdings says its subsidiary Robin Village Development has agreed to fully acquire Malaysia-incorporated firm Kinsbina – which in turn owns two va

Oxley subsidiary acquires land plot in Cambodia for $8.3 mil

SINGAPORE (June 30): Oxley-Worldbridge, the Cambodia-based subsidiary of Oxley Holdings, has purchased a plot of land located on lot 17, Village 14, Sangkat Tonle Basak, Khan Chamkar Morn in Phnom

Saudi-led alliance moves to isolate Qatar over Iran tensions

RIYADH/WASHINGTON (June 5): Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to Qatar in an unprecedented move designed to punish one of the region’s financial

Broker's Calls

ComfortDelGro to rise above the land transport sector’s negative noise

SINGAPORE (April 19): Deutsche Bank is keeping its “buy” recommendation on land transport group ComfortDelGro (CDG) at a target price of $2.90, although it notes near-term pressures abound in Singa

Global Yellow Pages subsidiary acquires land in New Zealand for $5.2 mil

SINGAPORE (Nov 15): Global Yellow Pages announced that its subsidiary, Remarkable Residences, has acquired a plot of 38,400 sqm freehold land in Queenstown, New Zealand for $5.2 million.

Results

ComfortDelgro’s 3Q earnings rise 2.5% to $87.3 mil on lower expenditure

SINGAPORE (Nov 11): Transport group ComfortDelgro posted $87.3 million in earnings for 3Q16, 2.5% higher from $85.2 million in the same quarter a year ago on the back of lower expenditure, bringing

Yuexiu Property acquires Hangzhou land for about $200 mil

SINGAPORE (July 11): Yuexiu Property has acquired a parcel of land in Niu Tian, Jianggan District, Hangzhou City in the Zhejiang Province of China for a consideration sum of RMB 986 million ($200 m

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