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The following companies saw new developments that may affect trading of their securities on Friday (Jul 11): Singtel: The local telecommunications giant’s technology services arm, NCS,…
Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on Tuesday (Jun 3) after the Widjaja…
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit (Clar): The manager said on Tuesday that it received…
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance threshold in its offer for Singapore-listed Sinarmas Land.…
W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its valuations of the group’s assets are “appropriate”…
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the independent financial advisor (IFA) appointed by…
David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the Widjaja family-linked Lyon Investments as…
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments. After the market closed on Apr 23, it was announced…
Shares of Sinarmas Land that are held by the public no longer make up 10 per cent of shares outstanding, following a privatisation offer by Lyon Investments receiving valid acceptances…
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 same period a year ago. This came as revenue for…
