LIM & Tan Securities on Thursday (Jul 28) initiated coverage on property play KSH Holdings with a “buy” call and a target price of S$0.46 as it foresees “good earnings visibility over the next 2 years”.

MAINBOARD-LISTED property groups Chip Eng Seng and KSH Holdings announced on Thursday (Jul 28) that it will be buying over 160-unit Park View Mansions for S$260 million, together with delisted SingHaiyi Group via a joint tender.

SingHaiyi Group, Chip Eng Seng Corporation and KSH Holdings have successfully made an offer for the enbloc acquisition of Park View Mansions.The offer was made jointly by Sing-Haiyi Pearl, which is 50%-owned each by SingHaiyi Group and Haiyi Holdings; Chip Eng Seng’s wholly-owned subsidiary CEL De...

MAINBOARD-LISTED property groups Chip Eng Seng and KSH Holdings announced on Thursday (Jul 28) that it will be buying over 160-unit Park View Mansions for S$260 million, together with delisted SingHaiyi Group via a joint tender.

AN indirect subsidiary of property firm KSH Holdings has won the tender for Euro-Asia Apartments in Serangoon, which was put up for collective sale last month, according to an exchange filing on Tuesday (Jul 26).

KSH Ultra Unity (KSHUU), the 49%-owned associated company of SGX-listed KSH Holdings, has been awarded the tender for Euro-Asia Apartments at 1037 Serangoon Road on July 26.The tender for the collective purchase of all the lots and the common property comprised in the strata title plan will be made ...

KSH Holdings posted second-half net profit of S$14.5 million on Friday (May 27), up from S$269,000 year on year, after shares of results of associates and joint ventures hit S$19 million compared with a S$2.6 million loss a year ago.

US fund manager Capital Group, a substantial shareholder of Nanofilm Technologies International, has reduced its stake in the company. On Jan 4, it sold 334,7000 shares at $3.77 each. It now holds a deemed stake of around 39.4 million shares or 5.99%, down from 6.05% previously. In contrast, Shi Xu,...

CATALIST-LISTED Hyphens Pharma has inked an exclusive licensing deal to commercialise an antibody biosimilar drug in Singapore, Malaysia, and the Philippines, in order to expand their dermatology product offerings for Asia.

SingHaiyi Group, Chip Eng Seng Corporation and KSH Holdings, on Dec 3, announced that they have successfully made an offer for the enbloc acquisition of Peace Centre and Peace Mansion. The offer price of $650.0 million was made on Dec 2 by way of a private treaty, and was accepted on Dec 3. See: P...

Should shareholders approve the resolution in an EGM in September, MC Payment will soon be renamed Oxpay Financial. It is a modestly-sized Catalist-listed company with a market cap of around $100 million. Yet, in May and June this year, the company was the subject of a board tussle for control. What...

Oxley Holdings announced that as at August 8, 2021, approximately 91% of its Singapore residential units has been sold, representing 87% of the total GDV or approximately $4.3 billion. The Group’s effective stake of secured sales amount to approximately $2.6 billion while future progress billings ...

Heeton Holdings, together with KSH Holdings and Ho Lee Group have opened a new DoubleTree by Hilton hotel in the exclusive London district of the Royal Borough of Kensington and Chelsea. The property was acquired in 2019 by the Heeton-led consortium and was previously known as the Crowne Plaza Londo...

MAINBOARD-LISTED property firm KSH Holdings slid into the red for the financial year ended March 31, dragged by an over 30 per cent drop in its construction business and impairment loss on hotels and investment properties.

KSH Holdings says it expects to report a net loss for the FY2021 ended March compared to profit of $15.4 million in the FY2020. The expected net loss is recognised after taking in losses from fair value adjustments of certain hotel properties held by the group’s associates and investment propertie...