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Stocks In Focus SG (GLP, Oxley Hldgs, Pacific Radiance) – 12/03/15
Daily Bulletin | 12 March 2015
Related stocks:
5GC
5UX
T8V
By:

CNA Group signed a memorandum of understanding with LiuLinxian Senzetengfei Aluminium Industry Co (LSAI) for a 5 percent shareholding to participate in the business of a bauxite processing plant and mine with estimated reserves of $600 million in Shanxi, China. The amount of investment in LSAI will be announced after due diligence is conducted.

Global Logistic Properties (GLP) has signed four new lease agreements totalling 63,000 square metres in China. These new tenants ranged across different industries, including e-commerce, packaged foods and pharmaceutical where three of them are multi-location tenants of GLP in China.

Oxley Holdings agreed to purchase a property located at 1603 and 1604 Akasaka 2-chome, Minato-ku in Tokyo, Japan for JPY655 million. The property consists of an 11-storey residential condominium with total gross floor area of 651.1 square metres which is erected on a freehold land parcel measuring 165.3 square metres. The acquisition will be funded by internal resources and bank borrowings.

Pacific Radiance via its subsidiary, Crest Offshore Marine, acquired an additional 1.3 million shares in the share capital of Radiance ZJ, a joint venture with Jiangsu Zhenjiang Shipyard (Group) Co, for US$1.3 million. Post acquisition, Crest will own 63 percent of equity interest in the target company.

 

 

CNA Group  -- -- --   
Business: Specialist in the provision, design, implementation & maintenance of open, integrated building & facility management solutions.

Insight: Mar-17, Co has been placed under judicial manageme... Read More
Oxley Hldgs  0.305 -0.005 -1.61%   
Business: Co is a ppty developer specialising in residential cum commercial devts.

Insight: May-19, 9M19 revenue slid 38.7% due to lower reven... Read More
Pacific Radiance  -- -- --   
Business: Co is a provider of offshore support solutions with a fleet of more than 130 vessels. [FY17 Turnover] Offshore support services business (62.4%), subsea business (27.8%), complementary business (9.8%).

Insight: Nov-18, 9M18 revenue fell 5.7% to US$45.9m mainly ... Read More


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