Mainboard-listed Thakral Corporation has divested its stake in Intrepid Group.The divestment is part of Intrepid’s acquisition by Ascential plc, a UK-listed global leader in e-commerce organisation.Intrepid Group is a leading provider of e-commerce operations solutions to enterprises in Southeast ...

Thakral Corp has confirmed that its retirement resort joint venture in Australia, GemLife, is in “advanced discussions” to be merged with a separate venture held by its local partner, the Puljich family.In addition, GemLife is seeking “interest from potential investors” to take up “strateg...

Thakral Corp has reported earnings of $7.3 million for 2HFY2021 ended Dec 2021, up 17% y-o-y. Revenue in the same period was up 40% to $66 million. For the full year FY2021, earnings hit $16.3 million, up 149%. Revenue, meanwhile, was up 42% to $127.8 million. The company attributes the better sho...

For every Frasers Property, CapitaLand and Mapletree Investments, there is a Stamford Land, Thakral Corp and World Class Land. These are small developers that braved the stormy seas and Singapore’s small market to try their luck in Australia. Stamford Land for years has owned a portfolio of hotels...

Thakral Corporation has realised a net gain of about $2.5 million compared to the original acquisition cost from the divestment of the Riverpoint Kitahama Building in Osaka, Japan. The sale price was also $84,000 more as compared to the carrying value as of 31 December, 2020. The Riverpoint Kitahama...

STRONG growth in the lifestyle and fragrance segment lifted the net profit of Thakral Corporation to S$8.9 million for the half-year ended June, up from S$241,000 a year ago.

Earnings of Thakral Corporation surged by over 3,600% to $8.95 million in 1HFY21 ended June, from the $241,000 recorded in the year before, following a significant jump in revenue. On a fully diluted basis, the translates to earnings per share (EPS) of 6.84 cents, compared to 0.18 cents in 1HFY20. W...

A vendor can sometimes turn out to be an investment opportunity — even if it is just a minority stake. That has certainly been the case for the Thakral family, which controls Thakral Corp, an investment holding company with properties in Australia, Japan and Singapore, among other interests. On Ma...

CORPORATE finance firm W Capital Markets has completed its Series A fundraising round in which mainboard-listed Thakral Corporation has invested in a 5 per cent stake in the firm on Tuesday.

Thakral Corp, which has interests largely in property and distribution of consumer products, has taken a 5% stake in W Capital Markets, which values the corporate finance firm at $21 million. Founded by M&A banker Wayne Lee in 2018, W Capital Markets has already completed 15 capital market deals...