M&A

Tech

5G and the winners of American 'state capitalism'

(Mar 6): While the rest of the world has been focused on the Democratic primaries in which Vermont’s left-wing senator Bernie Sanders and former Vice President Joe Biden are duelling it out for the

Singapore Budget

Singapore's GIC buys into Yoma Bank, adding to Myanmar deals

SINGAPORE (Jan 30): Singapore’s sovereign wealth firm GIC Pte has bought a substantial stake in Myanmar’s Yoma Bank Ltd.

M&A

Frasers Property to acquire London business park for $238 mil

SINGAPORE (Jan 23): Frasers Property Limited (FPL) is set to acquire Lakeshore, Bedfont Lakes business park in London for £135 million (S$238 million) through its indirect subsidiary  Frasers Prope

Stocks To Watch

UMS Holdings: Shift into new industries and cheaper areas of production bode well for this company

SINGAPORE (Jan 17): UMS Holdings has gained from the turnaround in the semiconductor industry.

M&A

Top Global to acquire 43 units in Thong Teck Building for $170 mil

SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building

Property

Hotel Properties' associate acquires hotel site in Tuscany for $35.5 mil

SINGAPORE (Nov 20): Leisure Ventures, an associated company of Hotel Properties Limited (HPL), is acquiring the freehold interest of a 740-acre hotel site in Tuscany, Italy, for EUR 22.6 million ($

M&A

GIC said to make another Vietnam bet with Masan group stake

(Oct 6): GIC, the Singapore sovereign wealth fund, is making another bet on Vietnam by purchasing a stake in local conglomerate Masan Group Corp, people with knowledge of the matter said.

M&A

Datapulse unaware of partial takeover offer prior to media reports

SINGAPORE (Mar 8): Datapulse Technology says it has received a letter from Ascapia Capital dated Wednesday making clear its intentions to buy over the company.

Results

Hyflux sinks into FY17 loss of $116.4 mil; continues seeking buyer for Tuaspring plant

SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across

M&A

AEM Holdings acquires machine vision solutions provider for $1.5 mil

SINGAPORE (Feb 22): AEM Holdings is fully acquiring IRIS Solution, a Singapore-incorporated advanced machine vision solutions provider, for $1.5 million.

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