new acquisitions

Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company - THE EDGE SINGAPORE

M&A

Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company

Hebei Changrun Environmental Technology, the wholly-owned subsidiary of Sunpower Group, has signed a thermal business transfer agreement with Hebei Sanli Group and Hebei Sanli Wool Spinning Co (col

F&N to acquire Sri Nona companies for RM60 mil - THE EDGE SINGAPORE

M&A

F&N to acquire Sri Nona companies for RM60 mil

Fraser & Neave Holdings’ (F&N) direct wholly-owned subsidiary Awana Citra Sdn Bhd has proposed to acquire the Sri Nona companies for a total of RM60 million ($19.7 million) to be paid in ca

Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update - THE EDGE SINGAPORE

Results

Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update

The manager of Keppel DC REIT has declared a distribution per unit (DPU) of 2.357 cents for 3QFY2020 ended Sept 30, 22.1% higher than the DPU of 1.930 cents reported in 3QFY2019.

Broker's Calls

Keppel DC REIT slated for 'record DPU' in FY20 on accretive acquisitions, says DBS

SINGAPORE (Dec 18): DBS Group Research is maintaining its “buy” call on Keppel DC REIT (KDCREIT) with a target price of $2.23, translating into a potential 13% upside for the stock. 

Equity raising

Keppel DC REIT launches equity fund raising to raise $473.8 mil for new acquisitions

SINGAPORE (Sept 16): Keppel DC REIT has announced an equity fund raising exercise to raise gross proceeds of $473.8 million to help fund its recently proposed acquisitions of two data centres

Investing ideas

CDLHT set for 2H rebound on asset reconstitution and acquisitions

SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) reported a 3.3% dip in distribution per stapled security for the 2Q19 ended June.

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