SINGAPORE (July 1): The manager of Accordia Golf Trust (AGT) says the business is likely to experience a potentially “long-drawn recovery process” from the Covid-19 outbreak, says CGS-CIMB analyst William Tng in a non-rated report dated June 29. “The manager has guided that it will continue to...

THE sponsor of Accordia Golf Trust (AGT) has proposed to acquire the trust's 88 golf courses in Japan for 61.8 billion Japanese yen (S$804.1 million), or an implied purchase consideration of S$0.732 per unit, AGT said on Monday.

SINGAPORE (June 29): The manager of Accordia Golf Trust (AGT) announced that it has entered into a conditional agreement to fully divest its interests in its 88 Japan golf courses to Accordia Golf for a total cash consideration of JPY 61.8 billion ($804.1 million). The purchase consideration transl...

THE sponsor of Accordia Golf Trust (AGT) has proposed to acquire the trust's 88 golf courses in Japan for S$804.1 million, or an implied purchase consideration of S$0.732 per unit, it said on Monday.

THE following companies saw new developments that may affect trading of their securities on Wednesday:

ACCORDIA Golf Trust (AGT) said on Tuesday that the sum of 1.2 billion yen (S$15.7 million) that was set aside as reserves in the March quarter will be distributed, given that the impact of Covid-19 was not as adverse as projected.

THE decision by Accordia Golf Trust (AGT) to set aside 1.56 billion yen (S$20 million) as reserves in the March quarter has reduced AGT's latest semi-annual payout by almost half, and warrants a more detailed explanation, the largest minority unit-holder of Accordia Golf Trust (AGT) has...

ACCORDIA Golf Trust (AGT), which owns 88 golf courses across Japan, reported a total distributable loss of 585 million yen (S$7.6 million) for the fourth quarter ended March 31, 2020, reversing from a distributable income of 194 million yen a year ago.

THE following companies saw new developments that may affect trading of their securities on Friday:

THE independent committee’s review of Accordia Golf Trust’s (AGT) potential sale of all its 88 golf courses to its parent will be completed on or around June 2020.