Acquisitions
DL Holdings to acquire part of Singapore wealth firm for US$50m
DL Holdings to acquire part of Singapore wealth firm for US$50m
The SG firm has an AUM exceeding US$2.6b ($3.4b).
TalkMed clarifies acquisition discussions still ‘ongoing’
This is already the company’s fifth update.
Sembcorp acquires 30% stake in Senoko Energy
The acquisition is subject to approval.
Hosen Group to construct new detached factory in Malaysia.
The purchase is valued at $2.3m.
Figtree Holdings sells Esme unit to director's daughter for A$1.4m
The price reflects a 1.67% discount from the unit's listed price.
Kenanga Group acquires 8% stake in Helicap to advance digitalisation
The group’s stake will soon increase to approximately 10%, making it the largest institutional investor in Helicap.
BRC Asia, LTC extends deadline of Angkasa ordinary shares acquisition
The new deadline is on 30 August.
Sovereign Wealth Fund acquires 49% stake in Ho Bee Land's SPV for $555m
The SPV holds the biomedical life-science development, Elementum.
PSA International to acquire 85% stake in Poland's Loconi
Loconi runs 220 trains monthly across five corridors in Poland.
CBRE strengthens ESG services with Paia Consulting acquisition
The consulting firm’s leadership will assume key roles at CBRE.
Parkway Life REIT acquires Osaka nursing home for $20.7m
The REIT will complete the acquisition by Q3.
Livingstone Health acquires 49% stake in Phoenix Medical Group amid reorganisation
It acquired the remaining stake for $1.6m.
First Sponsor consortium buys heritage-listed Pitt Street site for $24.7m
The redeveloped site will include a tower of 241 apartments and an upper upscale hotel.
AEM Holdings sells shares in ATECO for $6.8m
Lack of profitability prompted the sale.
Accrelist acquires 28.53% stake in MClean Technologies
The company acquired the stake for $2.57m.
Jasper Investments to acquire 51% stake in Prosper Excel Engineering
The company will acquire the stake for $7.5m.
Shell unit takes over Pavilion Energy
The oil firm aims to complete the acquisition by early 2025.
Commentary
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