News by PC Lee

However, Vibrant said no binding arrangements have as yet been entered into with any party in respect of this transaction and that there is no assurance that this transaction will be concluded.

OCBC is maintaining its “buy” on Keppel DC REIT with S$1.39 fair value given healthy valuations, a robust industry outlook and strong DPU growth profile in FY2017.

In a filing on Tuesday night, the manager said valid acceptances and excess applications representing a total of 874.6 million right units were received at the close of the rights issue on March 31 compared to 481.7 million rights units available under the rights issue.

Oxley Holdings, KSH Holdings, Lian Beng Group and Heeton Holdings say China’s latest Special Economic Zone (SEZ) in Hebei is likely to have a “positive and favourable” impact on their joint-venture project in Gaobeidian.

Singapore eDevelopment says its independent auditor, Ernst & Young LLP, has included an emphasis of matter in its report on the audit of the financial statements of the group for the FY2016 ended December.

The total cost, including the cost of land, to develop the property named dwell Adelaide is expected to be A$45.5 million (S$48.7 million or RM154 million).

CIMB says Boustead Projects’ recent project wins at Mediapolis and Continental phase III will bring the total asset base to S$750 million (RM2.37 billion) by FY2019.

In a Monday report by RHB, analyst Vijay Natarajan says the acquisition would strengthen CapitaLand's recurring income base and position itself ahead of a potential rebound in Singapore’s office sector.

RCS Trust is an unlisted special purpose sub-trust which is 60%-owned by CCT and 40%-owned by CMT.

Perennial Real Estate Holdings announced that it has filed appeals on Monday over the High Court's decision earlier this month to dismiss the winding-up applications for three joint entities that holds the assets of Capitol Singapore.