divestment
CapitaLand Development divests Vietnam-based Capital Place for $751m
CapitaLand Development divests Vietnam-based Capital Place for $751m
It will redeploy the proceeds from this divestment into higher-yielding assets.
ESR-REIT divests 28 Senoko Drive for $12m
The proceeds will go to repayments, asset enhancements, acquisitions, buy-backs.
City Developments divests Seoul hotel for $1.26b
The proposed divestment will be completed by Q1 2022.
Keppel Land China divests 40% interest in Nanjing Jinsheng
The completion of divestment will take place during the first quarter of 2022.
Far East Hospitality Trust to divest Central Square for $313.2m
A potential incentive fee of up to $18m may be applied.
Beijing Capital considering sale of Singapore waste recycling unit
Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.
KS Investments divests entire stake in Keppel Smit Towage, Maju Maritime for $133m
The shares will be sold to Rimorchiatori Mediterranei Spa.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
Keppel divests 100% equity interest in Chengdu Shengshi Jingwei Real Estate
The sale is worth RMB1,561m (S$324m).
Ascendas REIT divests 3 logistics properties in Australia
Proceeds of the divestments are at $128.7m.
Keppel divests of German data centre
Its completion is expected to take place in the third quarter of this year.
Keppel REIT sells 50% stake in first Australian property for A$275m
The firm said this is part of its portfolio optimisation strategy.
CapitaLand divest partial stake in Raffles City to Ping An Insurance
The divestment deal amounts to CN¥46.7b.
Keppel sells stake in Thai firm ARIP for TH฿60.7m
ARIP will also cease to be an associate company of Keppel.
Read Here
Advertise
Sign Up
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
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?