reverse takeover (RTO)

REITs

BHG Retail REIT to acquire Beijing mall for $455 mil in RTO deal

SINGAPORE (Dec 3): The manager of BHG Retail REIT is acquiring the property known as Badaling Outlets in Beijing, China, for $455 million.

Corporate moves

GCCP Resources in $220.3 million Indonesian palm oil RTO deal

SINGAPORE (Oct 11): GCCP Resources, a Malaysian calcium carbonate quarry company, is buying an Indonesian palm oil company PT Arjuna Utama Sawit in a reverse takeover deal worth $220.3 million.

M&A

EMS Energy morphing into Vietnamese ship repairer in $16.6 mil RTO deal

SINGAPORE (Jan 3): EMS Energy, whose shares have been suspended three years ago, could have finally resolved its business viability issues through the proposed reverse takeover of a Vietnamese ship

Update

Artivision seeks extension of long stop date for reverse takeover of e-payment solutions firm

SINGAPORE (Jan 2): Artivision Technologies has signalled a delay in its plans to acquire a 100% stake in e-payment solutions provider Mobile Credit Payment (MC Payment), as the group is now in disc

M&A

CPH morphing into SME lender in $62 mil RTO deal with oCap

SINGAPORE (Nov 22): PCB manufacturer CPH is transforming into an alternative financing provider for SMEs via a reverse takeover of oCap.

M&A

Epicentre eyes entry into regional property in RTO plan; ditches Apple reseller business, proposed rights issue

SINGAPORE (June 28): Loss-making Apple reseller Epicentre Holdings has entered into a memorandum of understanding to acquire two regional property companies for a total of $400 million.

M&A

Artivision Technologies moves ahead with RTO of e-payment solutions provider for higher consideration of up to $125 mil

SINGAPORE (May 3): Artivision Technologies has executed a conditional sale and purchase agreement to acquire a 100% stake in e-payment solutions provider Mobile Credit Payment for a total considera

Broker's Calls

Could Yoma be on the cusp of re-rating with potential spinoff?

SINGAPORE (Aug 21): OCBC Investment Research is maintaining its “hold” call on Yoma Strategic Holdings with an unchanged fair value estimate of 58 cents, following news of a slight adjustment to Yo

Results

Hatten Land sinks into the red on RTO-related expenses

SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.2 million ($24.1 million) for the third quarter ended March 31, comp

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