10 Followers SGX:5HT - Imperium Crown Ltd Imperium Crown
Sector: Consumer Discretionary, Industry: Hotels, Resorts & Cruise Lines
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Imperium Crown: Proposes To Increase Its Stake In Prominent Tourist Destination To 60% For Purchase Consideration Of S$53.5 Million.

18 May 2017 - ShareInvestor Express
The Company had earlier announced the proposed acquisition of a 27% stake in Global Entertainment Media Pte. Ltd. for S$20,000,000. GEM via its subsidiary has secured an additional 10 years of operating rights and it now holds a 50-year operating rights to Wonder Stone Park, a prominent tourist destination ...
sgx:5ht

Imperium Crown: Receives LOI For Remaining 2 Japanese Properties For An Aggregate Sale Price Of Approximately S$38.6 Million.

12 Apr 2017 - ShareInvestor Express
On 24 March 2017, the Company had received Letters of Intent for three Japanese Properties for an aggregate consideration of S$41.8 million. Together with the LOI received for its remaining two Japanese properties, the Company has received LOIs for its entire Japanese portfolio for a total sale price ...
sgx:5ht

Stocks to watch: Ascendas India Trust, Imperium Crown, Oxley

12 Apr 2017 - Business Times Breaking News
THE following stocks made announcements after the market closed on Tuesday that could affect their trading on Wednesday: Ascendas India Trust completed the acquisition of a multi-tenanted building in the southern Indian city of Hyderabad on Tuesday. The trust entered into an amended share purchase agreement ...
sgx:5ux sgx:cy6u sgx:5ht

Singapore: Oxley JV, Ascendas India Trust & Imperium Crown in realty deals

12 Apr 2017 - DealStreetAsia
In multiple real estate deals from Singapore firms, Oxley has acquired two Cyprus firms while Ascendas India Trust has bought a business property in Hyderabad. Also, Imperium Crown is in the process of divesting its Tokyo properties. Oxley Holdings Limited, through its joint venture company Oxley Planetvision ...
sgx:5ux sgx:cy6u sgx:5ht

Imperium Crown receives interest for two properties in Japan for 3.05b yen

11 Apr 2017 - Business Times Breaking News
IMPERIUM Crown Limited said it has received letters of intent for the remaining two of its properties in Tokyo, Japan, for 3.05 billion yen (S$38.6 million).These properties are namely Green Forest Itabashi, which comprises a 1,221.67 sq m leasehold land and an 11-storey retail cum apartment building; ...
sgx:5ht

Imperium Crown: Receives LOI for 3 Japanese Properties For An Aggregate Sale Price Of Approximately S$41.8 Million.

30 Mar 2017 - ShareInvestor Express
The proposed divestment is in line with the Company's strategy to divest its existing Japanese properties and reallocate capital to new projects which the Company is currently assessing. The Group is also simultaneously assessing new projects within the Asia-Pacific region and is considering tapping ...
sgx:5ht

Imperium's ex-directors may have run foul of law over 'irregularities' in dividends

5 Jan 2017 - Business Times Breaking News
IMPERIUM Crown, a Catalist-listed property investor, on Thursday said that five previous directors may have breached rules following "irregularities" over a dividend payment. The issue has been reported to the authorities. This dividend refers to a one-tier tax-exempt dividend of 0.1 Singapore cent per ...
sgx:5ht

Imperium Crown seeks approval to divest all Japanese properties

2 Jan 2017 - DealStreetAsia
The latest in realty deals from Singapore companies has seen Imperium Crown seek shareholders’ approval to divest all its Japanese properties, while GIC plans to buy a 50 per cent stake in British mall and Memtech International has entered into a sale and purchase agreement for the sale of two of its ...
sgx:5ht

Imperium Crown to seek shareholders' nod to exit Japan property entirely

30 Dec 2016 - Business Times Breaking News
PROPERTY investment group Imperium Crown plans to sell all its properties in Japan and will convene an extraordinary general meeting to get the green light from shareholders, it said in a Singapore Exchange filing on Friday. Its decision comes just two years after it entered the Japanese property market.
sgx:5ht

SG Dealbook: Imperium reviews Japanese ops; Frasers' Thai project

14 Dec 2016 - DealStreetAsia
Imperium Crown explores the possibility of selling its portfolio of properties in Japan while Frasers Hospitality Group launches luxury service residence in Bangkok. Mainboard-listed Imperium Crown announced on Monday that it will be exploring a strategy to divest of its portfolio of properties in Japan ...
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