92 Followers SGX:M01 - Metro (SGD 0.865) METRO HOLDINGS LIMITED
Sector: Retail Trade, Industry: Department Stores

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Metro disposes 50% stake in PT Metropolitan Retailmart for $25 mil

12 Dec 2019 - The Edge Markets
SINGAPORE (Dec 13): Metro Holdings is selling its entire 50% stake in PT Metropolitan Retailmart (PT MRM) to its JV partner PT Trans Corpora for $25 million. PT MRM operates 11 Metro stores in Jakarta, Bandung, Surabaya, Makassar, Solo and Manado. Following completion of the deal, PT Trans Corpora, which ...

Indonesia preps US$40 bil for a metro to rival Singapore's

5 Dec 2019 - The Edge Markets
(Dec 5): Indonesia is preparing to spend about US$40 billion ($54.5 billion) to extend Jakarta’s metro network, a bigger-than-expected outlay that’s poised to boost the country’s construction companies and reignite a rivalry between China and Japan over building the project. The spending plan, detailed ...

Singapore shares decline at Monday's open; STI down 0.18%

11 Nov 2019 - The Business Times
SINGAPORE shares started the week lower, despite record-breaking sessions in the US on Friday night. The Straits Times Index lost 5.97 points or 0.18 per cent to 3,258.33 as at 9.06am. Losers edged out gainers 76 to 69, after about 151.6 million shares worth about S$88.8 million changed hands. The most ...
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Stocks to watch: DBS, Jardine C&C, EHT, Venture, ST Engineering, CapitaLand, UIC, Metro

11 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: DBS: South-east Asia’s largest bank's net profit for its third quarter climbed 15 per cent, boosted by loan growth, record fee income and higher trading gains, it said on Monday. Net profit for the three ...
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Metro Holdings buys 20% stake in 14 Australian properties for $89.7m

11 Nov 2019 - Singapore Business Review
These include four office buildings and 10 retail centres. Property development and investment group Metro Holdings (Metro) has acquired a 20% stake in a portfolio of 14 freehold office and retail properties for $89.7m (A$95.8m), an announcement revealed. The portfolio comprises of four office buildings ...
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Metro Holdings buys 20% of Australian property portfolio for A$95.8m

8 Nov 2019 - The Business Times
MAINBOARD-LISTED department store operator Metro Holdings, which also invests in real estate, has re-entered Australia with plans to take a minority stake in a property portfolio for A$95.8 million (S$89.5 million), under a joint venture agreement disclosed on Friday. Paying in a mix of internal cash ...

SPH REIT banks on rising consumer spending with Westfield Marion buy

8 Nov 2019 - Singapore Business Review
The mall’s proximity to several government-backed projects nearby will boost spending in the long run. SPH REIT’s acquisition of the South Australian shopping mall Westfield Marion is expected to further boost its growth and earnings visibility, according to DBS Equity Research. The REIT bought a 50% ...
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Lever Style Corporation Announces Details of Proposed Listing on the Main Board of The Stock Exchange of Hong Kong Limited

31 Oct 2019 - ACN Newswire
Lever Style Corporation ("Lever Style" or the "Group"), the apparel engine behind digitally native and conventional premium fashion brands, which provides end-to-end supply chain solutions for notable brands across the U.S., Europe and APAC, today announced the details of its proposed Global Offering ...
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Temasek advances in bid for stake in $2.5b Metro Pacific hospital unit

16 Sep 2019 - Singapore Business Review
This could potentially be the biggest healthcare deal in the Philippines. State investor Temasek Holdings are amongst the suitors who have advanced to the second round of the auction to buy into the hospital unit of Philippines’ Metro Pacific Investments, sources told Reuters. The unit, which operates ...

Daily Briefing: GK Goh Holdings offers $184.5m to acquire BoardRoom; Property development firm Metro Holdings acquires 50% stake in CICC Qihang Fund

17 May 2019 - Singapore Business Review
And Pan Pacific Hotels Group to debut in London on 2020. From DealStreetAsia: GK Goh Holdings, a Singapore-listed investment holding firm with interests in aged care, and corporate services, has made a voluntary unconditional cash offer to acquire corporate services firm BoardRoom for $184.5m (US$134.8m). ...
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