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ARA buys portfolio of 38 select-service Hyatt Hotels in maiden US forayARA Asset Management Limited announced on Monday the acquisition of a portfolio of 38 select service hotels, branded as Hyatt Place and Hyatt House, across the United States. Read more at The Business Times.
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Stocks to watch: ARA Asset Management, KLW, Nico SteelTHE following companies saw new developments which may affect trading of their shares on Monday: Read more at The Business Times.
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Daily Debrief: What Happened TodayARA buys portfolio of 38 select-service Hyatt Hotels in US, MAS unveils S$30m grant to boost financial sector's cybersecurity capabilities at
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Pine Capital in proposed deal to buy stake in Hong Kong asset management firm Silver TreeCATALIST-LISTED financial services group Pine Capital on Monday entered into an agreement with individual David Sarkis for the proposed acquisition of up to a 51 per cent or 20.6 million share stake in Hong Kong-based asset management firm Silver Tree Hong Kong for a total of HK$2.55 million (S$447,368.43). Read more at The Business Times.
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ISR Capital says no to SGX request for shareholder nod for mining asset purchaseISR Capital resisted a Singapore Exchange request that it seek shareholder approval for the waiver of a condition precedent to its purchase of a stake in a mining asset in Madagascar, just as the long-drawn out S$3 million acquisition was supposed to have drawn to a close. Read more at The Business Times.
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Yamada Green's asset sale arose from 'miscommunications'THE sale of two bamboo plantations by S-Chip Yamada Green Resources that its board did not find out about until a year later was the result of a series of miscommunications, an investigation has found. Read more at The Business Times.
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CIMB-Principal Asset Management names new Asean CEOMALAYSIA-HEADQUARTERED CIMB-Principal Asset Management Group, an asset management company with regional investment capabilities, announced its new Asean CEO Juan Ignacio Eyzaguirre Baraona on Thursday. Read more at The Business Times.
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