KUALA LUMPUR (Feb 27): Sime Darby Bhd’s proposed pure-play strategy involving the creation of three listed entities also entails the restructuring of the group’s borrowings, transferring of certain assets within the group and the capitalisation of inter-company loans.
SINGAPORE (Feb 27): Maybank Kim Eng Research continues to rate UOL Group Limited at “buy”, mainly for the property developer’s “strong execution with quick inventory turnover stemming from the right pricing strategy” following the release of its FY2016 results, which was largely in line with estimates.
With the hubbub on the softened property market, not even Penang, especially Penang Island, known for its land scarcity and extravagant property prices, is spared.
SINGAPORE (Feb 23): The Ascott Ltd, CapitaLand’s serviced residence business unit, is partnering Singapore Management University to launch a lab to field-test co-living concepts of its newest brand, lyf.
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.
SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of S$4.
SINGAPORE (Feb 17): CapitaLand has agreed to acquire a portfolio of four income-producing office and retail properties in Japan’s Greater Tokyo Area, at ¥49.
SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of S$4.
SINGAPORE (Feb 15): CapitaLand reported a 73.
SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.
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