Business
Stocks to watch: Singtel, Sinarmas Land, Cordlife, Q&M Dental Group, Grand Venture Tech, PSC, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Friday (Jul 11): Singtel: The local…
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Sinarmas
Business
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on…
Business
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit…
Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
Business
IFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its…
Business
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the…
Business
Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid
David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the…
Business
Sinarmas Land offer price may be hiked
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments.…
Business
Sinarmas Land loses free float; trading to be suspended
The offer by Lyon Investments receives valid acceptances to acquire 92.3% of shares Shares of Sinarmas Land that are held by the public no…
Business
Stocks to watch: Keppel, Mapletree Logistics Trust, Capitaland China Trust, Digital Core Reit, Sinarmas Land
The following companies saw new developments that may affect trading of its securities on Thursday (Apr 24): Keppel: The company released…
Business
Stocks to watch: SIA, Sats, Sinarmas Land, Japfa, Aztech, Sabana Reit, LHN, Oiltek
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 16). Singapore Airlines (SIA):…
Business
Sinarmas Land’s H2 net profit drops 5.5% to S$154 million on lower revenue, higher costs
Sinarmas Land reported a 5.5 per cent drop in net profit to S$154 million for the half-year ended Dec 31, 2024, from S$163 million in the…
Business
Sinarmas Land minorities should be incensed by lowball offer from its controlling shareholder
The deal comes only a few months after a key unit of the group acquired a property company from Top Global at a premium to NAV Lowball…
Business
Sinarmas Land soars 23.6% on privatisation offer
The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24 Shares of Sinarmas Land surged on Friday (Mar 28)…
Business
Stocks to watch: Sembcorp, Nio, Keppel Infrastructure Trust, Sinarmas Land, SingPost
The following companies saw new developments that may affect trading of its securities on Friday (Mar 28). Sembcorp Industries: Its wholly…
Business
Indonesia’s Widjaja family moves to delist Sinarmas Land from SGX; more large-cap exits on the horizon
An entity controlled by Indonesia’s billionaire Widjaja family has made a voluntary unconditional cash offer for all the shares in…