Singapore stock watch: Singtel, Yanlord, UE, Oxley, Cromwell E-Reit, Citic Envirotech, SIIC Environment

SINGAPORE - The following companies saw new developments that may affect trading of their securities on Tuesday :

Yanlord Land Group, United Engineers : With its stake in UE edging towards the critical 90 per cent mark, Chinese developer Yanlord on Monday said it now plans to delist UE. This reverses its initial proposal at the launch of the offer exercise in October, when Yanlord's offer vehicle, Yanlord Investment , said that it did not intend to delist or privatise UE. UE shares closed at $2.69 on Monday, down $0.01 or 0.37 per cent, while Yanlord shares shed $0.01 or 0.85 per cent to $1.

Cromwell European Real Estate Investment Trust: Cromwell E-Reit said on Tuesday it has entered into a master sale and purchase agreement on Dec 16 to dispose of 12 properties located in the Netherlands, Denmark and France. The agreed sales price of the portfolio is 65.7 million euros representing a 15.2 per cent premium over the original purchase price and a 4.1 per cent premium to the latest market value of the portfolio, based on independent valuations.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Citic Envirotech buyout offer 'fair and reasonable', says IFACitic Envirotech buyout offer 'fair and reasonable', says IFA.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Yanlord now plans to delist UE in buyout offerSINGAPORE (THE BUSINESS TIMES) - With its stake in United Engineers (UE) edging towards the critical 90 per cent mark, Chinese developer Yanlord Land Group now plans to delist UE, it said in an update on Monday (Dec 16).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore stock watch: Company gets several more weeks to avoid a delistingSINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Monday (Dec 16):. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singtel names Lee Theng Kiat as its next chairmanSINGAPORE: Singtel has named Temasek International chairman Lee Theng Kiat as its non-executive director and chairman-designate, the telco said in ... Forehead very big, must be really smart!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Yanlord no longer plans to maintain UE's listing in buyout offerYanlord no longer plans to maintain UE's listing in buyout offer.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Monday afternoon up 0.1% on daySingapore stocks: STI resumes Monday afternoon up 0.1% on day
Source: BusinessTimes - 🏆 15. / 51 Read more »