If you visited the Botanic Gardens recently, you might have noticed the beautifully restored Atbara (1898) and Inverturret (1906) bungalows at the Gallop Road extension. I’m so glad that after being in a state of disrepair for many years, NParks and SLA finally decided on restoring these two bungalows that have often been associated as the oldest black and white.
Straits Trading to buy JL Family Office s stake in realty investor SRE for $78 3m dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Warburg-backed ARA Asset Management weighs $1b dual listing
Suntec Singapore photo from ARA Asset Management s website.
February 26, 2021
ARA Asset Management Ltd., a real estate investment firm backed by Warburg Pincus LLC, is weighing a dual listing plan that could raise at least $1 billion as soon as this year, according to people with knowledge of the matter.
The firm, which also counts Hong Kong billionaire Li Ka-shing as an investor, is working with advisers on a plan to list in Hong Kong and Singapore, said the people, who asked not to be identified as the information is private. The asset manager is leaning toward a Hong Kong offering before a share sale in Singapore, they said.
Broker s take: DBS initiates coverage on Straits Trading with buy , sees value unlocking from ARA listing businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.