divests
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17%[SINGAPORE] The managers of Stoneweg Europe Stapled Trust (Sert) on Friday (Dec 19) said that it...
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
[SINGAPORE] Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a total cash consideration of...
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
[SINGAPORE] Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million.The sale resulted in an estimated realised gain on disposal of S$10.5 million...
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy...
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it...
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
[SINGAPORE] Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST Engineering LeeBoy, a US-based construction equipment manufacturer,...
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
[SINGAPORE] Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock more than S$80 million from the...
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group[SINGAPORE] DFI Retail Group said on Friday (May 30) that...
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
[SINGAPORE] Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million, the real estate investment trust’s (Reit) manager announced on Friday...