Explanation of the corporate events: User Manual
Corporate Updates - Singapore Exchange (SGX)
2025-06-16
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on SGX listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 16 Jun, 2025 | BBR Holdings | Secured $220 million in new contracts for HDB, MRT, and infrastructure projects, including the construction of four residential blocks, a multi-storey car park, a precinct pavilion, and communal facilities at Yishun Street 31; bored piling works for the Cross Island MRT Line–Punggol extension; and a large-scale infrastructure project in Eastern Singapore. These projects are scheduled to commence between June 2025 and 2029. | Contract Awarded |
| 13 Jun, 2025 | Sembcorp Industries | Completed the acquisition of an additional interest in Senoko Energy for $72 million, bringing its total stake to 50%. | Merger & Acquisition |
| 12 Jun, 2025 | Mapletree Logistics Trust | Divestment of 8 Tuas View Square for $11.18 million. The property is a three-storey cargo lift warehouse and factory building with an ancillary office. It has a net lettable area of approximately 4,405 square metres (sqm). | Disposal |
| 12 Jun, 2025 | CapitaLand China Trust | Divesting CapitaMall Yuhuating to its China-listed REIT, CapitaLand Commercial C-REIT (CLCR), for at least RMB748 million. | Disposal |
| 12 Jun, 2025 | Sembcorp Industries | Sembcorp Green Infra Private Limited (SGIPL), has been awarded its first 50MW round-the-clock power project from Solar Energy Corporation of India Ltd (SECI). | Contract Awarded |
| 12 Jun, 2025 | Geo Energy | Geo Energy has entered into a sale and purchase agreement to sell its shares in Sumber Bara Jaya (SBJ) for US$18 million and will also cease being a shareholder in Bumi Enggang Khatulistiwa (BEK), a subsidiary of SBJ. After the disposal, both SBJ and BEK will no longer be part of Geo Energy. The disposal is driven by BEK being a non-core asset with low production and operational challenges, having recorded a cumulative loss of US$0.6 million from 2022 to 2024. | Disposal |
| 12 Jun, 2025 | Boustead Singapore | Exploring the sale of its stake in some of its logistics and industrial assets to a REIT for the potential listing on the Mainboard of the Singapore Exchange(SGX). | Proposed Listing |
| 11 Jun, 2025 | Enviro-Hub Holdings | Granted an option to purchase a leasehold property at 1 Tech Park Crescent for $5.55 million. The property is a leasehold property with about 28 years remaining, and the lease is due to expire on August 17, 2053. | Merger & Acquisition |
| 10 Jun, 2025 | Keppel Infrastructure Trust | Divest a 24.62% stake in Ventura Motors to private investment funds managed by Samsung Asset Management for A$130 million. Ventura Motors is the largest bus service provider with a fleet of about 900 buses and 12 depots in the State of Victoria, Australia. The company operates about 530 routes out of Melbourne’s 1,200 routes and transports over 42 million people annually. | Disposal |
| 10 Jun, 2025 | Elite UK REIT | Plans to acquire three freehold UK properties for £9.2 million, all fully leased to government tenants. To partially fund the purchase, it will raise £4 million through a private placement priced between 29.5 and 30.5 pence per unit. The properties, which include Priory Court in Dover and Customs House in Felixstowe (both leased to the Home Office), and Tŷ Merlin in Carmarthen (leased to the Department for Environment, Food and Rural Affairs), collectively generate £0.8 million in annual gross income, offering a 9.2% rental yield. | Merger & Acquisition |
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