2020-11-13 10:43:07 AF Global's 292.8m yuan stake sale in China JV falls through HOSPITALITY player AF Global's proposed 292.8 million yuan (S$57.6 million) sale of a 55 per cent interest in its joint venture (JV) did not take place. Fiona Lam
2020-07-21 09:25:53 Hafary, AF Global and Sino Grandness issue profit warnings THREE mainboard-listed companies on Monday warned that they would sink into the red in their upcoming financial results. Rachel Chia
2020-06-08 09:28:31 AF Global unit proposes disposal of 55% stake in China JV for 292.8m yuan AF Global has proposed to dispose of its 55 per cent stake in Xuzhou Yinjian LumChang Real Estate Development Co - a property development joint venture (JV) in China - for 292.8 million yuan (S$57.6 million). Vivienne Tay
2020-06-08 08:52:44 AF Global disposes entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development for $57.6 mil SINGAPORE (June 8): AF Global’s indirect wholly-owned subsidiary LC Logistics has disposed its entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development Co (XZYJLC) for a consideration of RMB292.8 million (S$57.6 million) on Friday (June 5). The purchasers, Beijing Jinyinjian Taxi Co and... Felicia Tan
2019-04-14 13:23:46 Heeton-led consortium acquires Crowne Plaza hotel in London for $149 mil SINGAPORE (April 14): A consortium led by Heeton Holdings has fully acquired LC London, which owns the Crowne Plaza London Kensington hotel in London, UK, for £84.3 million ($148.9 million). AF Global, who in Dec last year announced it was selling full ownership rights for Crowne Plaza London Kens... Michelle Zhu
2019-02-21 10:13:27 AF Global full-year profit tumbles 88% to S$926,000 AF Global posted an 88 per cent drop in full-year net profit to S$926,000 from S$7.95 million a year ago, dragged by litigation fees incurred from a shareholders dispute, the property and hospitality company said on Wednesday night. Rachel Mui