This article was originally published Wednesday, 26 June 2019 at 12:12 A.M. SGT; it has since been updated to include ESR-REIT.
These are Singapore companies which may be in focus on Wednesday, 26 June 2019:
Indofood Sukses Makmur’s takeover bid for Indofood Agri lapsed Tuesday after failing to get enough shareholder acceptances to reach an at least 90 percent stake, CIMB Bank said on behalf of the Indonesia-listed company in a filing to SGX after the market close.
CapitaLand and CapitaLand Mall Trust
Newly redeveloped Funan mall reached 95 percent committed occupancy ahead of its opening Friday, with more than 190 brands among the tenants, CapitaLand and CapitaLand Mall Trust said in a filing to SGX Tuesday.
Frasers Commercial Trust
Frasers Commercial Trust has entered a lease agreement with Google Asia Pacific for space at Alexandra Technopark, the trust said in a filing to SGX after the market close Tuesday.
ESR-REIT siad the 194.17 million new units it issued in its private placement will begin trading Wednesday.
The placement raised around S$100 million, and the REIT plans to raise another S$50 million in a preferential offering to unitholders, ESR-REIT said in a filing to SGX before the market open.
Hutchison Port Holdings Trust
Hutchison Port Holdings Management, the trustee-manager of Hutchison Port Holdings Trust, or HPHT, said Tuesday Yim Lui Fai Gerry will retire as CEO of the trustee-manager, effective 13 July.
The trustee-manager said it tapped Lam Hing Man as Yim’s successor.
Lam is currently the managing director of Yantian International Container Terminals, Yantian International Container Terminals (Phase III) Limited and Shenzhen Yantian West Port Terminals, the trustee-manager said in a filing to SGX.
Oxley Holdings said Tuesday it has acquired a 40 percent stake in Malaysia-based Aspen Vision Homes for 20 million ringgit (S$6.54 million or US$4.83 million).
Virtual reality player Vividthree subscribed for up to S$1.5 million convertible notes from Over The Top (OTT) streaming platform company XMI Group, the Singapore-listed company said in a filing to SGX Tuesday.
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