Thakral Corporation

M&A

Thakral adds Osaka office building to Japan property portfolio

SINGAPORE (Dec 30): Mainboard-listed Thakral Corporation is acquiring Umeda Pacific Building, an 11-storey office building in Osaka, to expand its property portfolio in Japan. 

M&A

Thakral acquires another Queensland property to expand retirement housing venture

SINGAPORE (Dec 3): Thakral Corporation is set to acquire another 46.4 hectares of prime land in Queensland, Australia, through its GemLife joint venture for over-50s retirement housing. 

Results

Thakral records surge in 3Q earnings to $1.7 mil despite drop in revenue

SINGAPORE (Nov 7): Thakral Corporation saw its earnings surge more than seven-fold to $1.7 million for the 3Q19 ended September, from $222,000 a year ago.

M&A

Thakral acquires property in Queensland to expand GemLife's retirement housing venture

SINGAPORE (Sept 30): Mainboard-listed Thakral Corporation has acquired another property in Queensland, Australia, as part of its development venture of resort-styled retirement housing fo

Results

Thakral posts 31% drop in 1H earnings to $2.8 mil

SINGAPORE (Aug 6): Thakral Corporation reported earnings of $1.8 million in 2Q19 ended June, 7% higher than the earnings of $1.7 million in 2Q18.

Company in the news

Thakral adds another Osaka office building to portfolio

SINGAPORE (July 1): Thakral Corporation has acquired another commercial property in Osaka, Japan – the Nikke Yotsubashi building.

Results

Thakral 3Q earnings drops sharply to $0.2 mil on absence of valuation gains

SINGAPORE (Nov 8): Thakral Corporation reported 3Q18 earnings of $0.22 million, 99% lower compared to $33.5 million in 3Q17.

Property

Thakral Corp acquires $66 mil worth of hotel & office properties in Osaka

SINGAPORE (Oct 1): Thakral Corporation says it has acquired a hotel and two office properties in Osaka, Japan, valued at JPY5.46 billion ($66 million) in total.

Results

Thakral Corp's 1H18 earnings rise 50% to $4 mil on higher revenue

SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago.

Property

Thakral to acquire The Riverwalk office unit for $30 mil

SINGAPORE (May 21): Thakral Corporation on Monday announced the proposed acquisition of an office unit at The Riverwalk in Singapore for a total consideration of $30 million.

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