Thursday, September 27, 2012
12:04 PM Admin
FRASER AND NEAVE LTD
Companies linked to a Thai billionaire said they will vote against Fraser and Neave's proposal to pay S$4 billion ($3.3 billion) to its shareholders, a move some analysts say could make it easier for the Thais to gain control of the Singapore company.
HOCK LIAN SENG HOLDINGS LTD, TA CORP LTD, KING WAN CORP LTD
The units of Hock Lian Seng, TA Corp, King Wan and Far East Distillers said they have been awarded the tender for a 99-year leasehold private residential site at Dairy Farm Road in Singapore for S$244.3 million.
K-REIT Asia bought a 50 percent stake in a new office tower to be built in the central business district of Perth, Australia.