SINGAPORE (Oct 15): When I started investing in the 1990s, I quickly became intrigued by companies with assets that were overlooked by the market. In some cases, the asset in question was simply a pile of cash or liquid securities. Other times, it was a strategically located parcel of land that coul...

SINGAPORE (Oct 15): OCBC Investment Research says Hotel Properties (HPL) could be the next candidate of a general offer. Following the general offer for Hotel Properties (HPL) led by Ong Beng Seng and Wheelock Properties (Singapore) (WPS) in 2014, OCBC noted the potential for HPL and WPS to redevelo...

SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered. Another reason for the meltdown was the spike in the US 10-year Treasury bond yield from 3.06% on Oct 2 to 3.18% on O...

Submitted By:  Staff Reporter Case Study:  No UOL's total returns crashed -20.9% YTD in September. This chart from the Singapore Exchange (SGX) shows that the f...

SINGAPORE (Oct 8): OCBC predicts more corporate actions ahead especially around the undervalued small-mid cap companies with low trading liquidity. OCBC notes that corporate actions have picked up of late, pointing to recent offers for Wheelock Properties and M1. Recent correction in the Singapore m...

WHEELOCK Properties (Singapore) is set to bow out from the Singapore Exchange (SGX) after a takeover offer crossed the threshold for delisting by a hair's breadth.

SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10 privatisation offer for the latter. As at the close of voluntary unconditional general offer at 5.30pm on Tuesday, the total num...

WHEELOCK Properties (Singapore) is going private after crossing the threshold for delisting by a hair’s breadth.

HONG Kong-listed Wheelock and Company's stake in Wheelock Properties (Singapore) has risen to 88.17 per cent, lifted by 10.10 per cent in valid acceptances for its general offer of S$2.10 per share.

SINGAPORE (Sept 25): Wheelock & Co announced its offer price of $2.10 for each Wheelock Properties (Singapore) (WPS) share and the offer closing date of 5.30pm on Oct 2 will be final. See: Controlling shareholder of Wheelock Properties launches $2.10 per share offer In a Tuesday report, OCBC Inv...

Submitted By:  Luz Wendy Noble Case Study:  No Don't expect gains today. The Straits Times Index (STI) ended 1.48 or 0.05% higher at 3,219.16 The FTSE ST Mid Ca...

PUNTERS banking on a sweetened deal in Wheelock Properties (Singapore)'s buyout bid had the wind knocked out of their sails on Monday, as the company's parent locked in its offer price of S$2.10 a share.

Submitted By:  Danielle Isaac Case Study:  No The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10. The current o...

THE offer price for the privatisation of Wheelock Properties (Singapore) will remain at S$2.10, its Hong Kong-listed parent has said, in an announcement through DBS Bank.

SINGAPORE (Sept 17): Many analysts and investors seem to be betting that the offer price for Wheelock Properties will be raised. The way they see it, the underlying assets of the company are worth more than the $2.10 per share that its controlling shareholder has offered to pay. As at June 30, Wheel...

THE offer by Hong Kong-listed parent Wheelock and Company to buy out minority shareholders' stakes in Singapore-listed Wheelock Properties has been extended to 5.30 pm on Sept 21.

THE offer by Hong Kong-listed parent Wheelock and Company to buy out minority shareholders' stakes in Singapore-listed Wheelock Properties has been extended to 5.30 pm on Sept 21.

SINGAPORE (Aug 31): PrimePartners Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), said it was rewording a paragraph in its IFA letter "to address any perception of an inconsistency between our opinion and our recommendation...

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

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors, has clarified its advice on the offer to take Wheelock Properties (Singapore) private as "fair and reasonable".

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), has clarified its advice on the offer to take the company private as fair and reasonable.

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), on Friday said that the financial terms of the offer to take the company private are "fair and reasonable, but not compelling, and are not prejudici...

PRIMEPARTNERS Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), on Friday said that the financial terms of the offer are "fair and reasonable, but not compelling, and are not prejudicial to the interests of mi...

LAST week's privatisation bid for Wheelock Properties (Singapore) would bring the year's tally of delistings to more than S$27 billion if it is successful. The tally includes Global Logistic Properties, a S$16 billion juggernaut which officially delisted in January this year.

THE Hong Kong-listed parent of Wheelock Properties Singapore has launched a S$600 million offer - at S$2.10 a share - to take the Singapore-listed unit private.

SINGAPORE (July 19): Lim & Tan Securities says minority shareholders of Wheelock Properties should deserve a higher offer somewhere closer to its last reported NAV of $2.68/share. While Lim & Tan does not dispute Wheelock parent’s $2.10 offer price is attractive compared to its historical ...

THE Hong Kong-listed parent of Wheelock Properties (Singapore) is offering S$2.10 per share to take the mainboard-listed property developer private.

THE Hong Kong-listed parent of Wheelock Properties (Singapore) is offering S$2.10 per share to take the mainboard-listed property developer private.

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

THE Hong Kong-listed parent of Wheelock Properties (Singapore) is offering S$2.10 per share to take the mainboard-listed property developer private.