MAINBOARD-LISTED First Sponsor Group’s indirect wholly-owned subsidiary, Chengdu Gaeronic Real Estate (CGRE), has extended the payment deadline, allowed payment in instalments, and further amended other payment terms for its proposed sale of certain parts of Chengdu Cityspring.

MAINBOARD-LISTED First Sponsor’s wholly-owned subsidiary, Wenjiang (BVI), has completed its acquisition of 60 per cent of the shares in Concord Focus Development, the Singapore-based property developer said on Monday night.

SINGAPORE (May 3): Jefferies is maintaining “buy” on City Developments (CDL) with a target price of $12 based on 0.84 times book value.  This follows news of the developer acquiring a 50% stake in IREIT Global’s manager, along with a 12.4% stake in the REIT from Tikehau Capital and another i...

MAINBOARD-LISTED First Sponsor's wholly-owned subsidiaries have entered into a definitive conditional sale and purchase agreement (SPA) to buy a mixed use development site in China's Guangdong province, at a preliminary price of 404 million yuan (S$81.6 million).

MAINBOARD-LISTED First Sponsor’s wholly owned subsidiaries have on April 25 entered into a definitive conditional sale and purchase agreement (SPA) to buy a mixed use development site in China’s Guangdong province, at a preliminary price of 404 million yuan (S$81.6 million). 

MAINBOARD-LISTED First Sponsor Group's first quarter net profit rose 39 per cent to S$23.8 million, thanks to a "strong showing" of its property financing business segment, the China-based property developer said in a regulatory filing on Thursday.

MAINBOARD-LISTED First Sponsor Group’s first quarter net profit rose 39 per cent to S$23.8 million for the three months ended March 31, from S$17.1 million a year ago.

THE following companies saw new developments that may affect trading of their shares on Thursday:

SINGAPORE (Apr 25): First Sponsor Group announced that its 1Q19 earnings increased 39% to $23.8 million, compared to $17.1 million in 1Q18. Revenue for the period declined by 5.2% to $45.3 million from $47.8 million in the previous year, due to the decrease in revenue from sale of properties and re...

MAINBOARD-LISTED First Sponsor Group said on Tuesday night that it has converted into shares and cancelled S$159.6 million or 98.4 per cent in initial aggregate principal amount of its Series 1 perpetual convertible capital securities.