SG brief: APAC Realty and Morgan Stanley
APAC Realty’s shareholders were advised against accepting the S$0.57 a share offer for the company, the independent financial advisor said.
Singapore company briefs: Asian Pay Television Trust (APTT), Ascendas REIT, APAC Realty and Keppel Corp.
SG stocks Tuesday, 26 April 2022: APAC Realty, OCBC, OUE Commercial REIT, Ascendas India Trust and Thai Beverage (ThaiBev).
Morgan Stanley Private Equity Asia (MSPEA) has agreed to acquire 59.8 percent of APAC Realty for around S$129.5M, the offeror said Monday.
SG stocks Wednesday, 23 Feb 2022: Wilmar, LMIR Trust, CDL Hospitality Trusts, Great Eastern, APAC Realty and Singapore Land.
APAC Realty said its 2021 net profit more than doubled on higher income from resale and rental of properties, and higher new home sales.
Singapore stocks Mon., 15 Nov. 2021: Sembcorp, CICT, KIT, Keppel, SATS, Frasers Property, Sasseur REIT, Centurion, Stamford Land, Chip Eng Seng and Boustead Projects
Singapore companies announcing executive changes: Ascott Residence Trust, APAC Realty and OUE Lippo Healthcare.
Singapore companies which may be in focus Thursday, 12 August 2021: Wilmar, Dyna-Mac, Temasek, KORE, Dasin Retail Trust, HPHT, APAC Realty, Fu Yu, Boldtek, Asiaphos and TEE International.
These are Singapore companies which may be in focus on Tuesday, 6 August 2019: Yangzijiang, NetLink NBN, APAC Realty and Cromwell European REIT.
APAC Realty reported Monday its second quarter net profit dropped 56.8 percent on-year to S$3.33 million as demand for residential properties was subdued.