Acquisitions
Stoneweg Europe buys Dutch cold-chain hub at 8% discount to valuation
Stoneweg Europe buys Dutch cold-chain hub at 8% discount to valuation
Company buys $51.7m cold-chain facility with 6% yield, tenant until 2034.
Veremark acquires RMI to power Singapore’s government and academic screening
The deal adds 70 specialists and secures partnerships with MOM, ECDA, and NTU.
CAREIT enters Sydney market as debt fuels $280.1m buy
The newly completed property sits near Macquarie University and will operate under Centurion’s premium EPIISOD brand.
UltraGreen.ai director buys 180,000 shares for $250,200
A lead independent director acquires 180,000 shares through UBS-managed trust.
Amara privatisation offer closes with 97.74% valid acceptances
It will delist from SGX after completion of privatisation offer.
PAG, Tencent to acquire Chinese mall chain operator Wanda
The deal is estimated to be at $8.88b.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
Sembcorp ink deal to increase stake in Senoko
The acquisition will expand both companies’ sustainable energy capabilities.
Sembcorp completes sale of interest in SembEnviro
It was sold to an Indonesian company.
Keppel Infrastructure Fund acquires stake in Global Marine Group
The subsea cable company has six vessels for maintenance and installation services.
LHN Group acquires Geylang property for $30m via joint venture
The JV company paid $3m, representing 10% of the purchase price.
CapitaLand Malaysia Trust expands in Johor with $21.97m acquisition
The group will acquire three freehold industrial properties.
5E Resources sets hearing date for GreenEdge acquisition approval
It will be held on 7 February at 10 a.m.
HC Surgical Specialists expands portfolio in 2024
Amongst its acquisitions included a 49% stake in GMH Endoscopy & Surgery.
Asia Enterprises to acquire over 28% stake in GKE Metal Logistics
The transaction amounts to $8.86m, or $24.75 for each share.
Wilmar International plans to increase stake in Adani Wilmar
It will acquire 403.7 million shares.
Steven Tan’s journey from graphic designer to maritime publisher
Marine & Industrial Report enters a new chapter after its sale to Charlton Media Group.
Commentary
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data