Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

Research from SooChow CSSD Capital Markets (Asia)

SooChow CSSD Capital Markets (Asia)

Thematic (Sector/Industry)

Laos Real estate / Thematic (Sector/Industry)

<ul><li><a href="https://www.smartkarma.com/entities/first-real-estate-investment-trust" target="_blank" data-smartkarma-citation="entities:15848" rel="noopener">First REIT (FIRT SP)</a> to divest Siloam Hospitals Surabaya at book value - FIRT enters into a conditional sale and purchase agreement with Siloam International Hospitals and Megapratama Karya Bersama to divest Tata Prima Indah, which owns 100% interest in Siloam Hospitals Surabaya for a divestment consideration of IDR430.0bn (~S$40.9m).</li><li>Kensington Park condo launches S$1.28bn collective sale tender - Kensington Park condominium in Serangoon has been offered for en bloc sale by public tender with a guide price of S$1.28bn. </li><li><a href="https://www.smartkarma.com/entities/megaworld-corp" target="_blank" data-smartkarma-citation="entities:8746" rel="noopener">Megaworld Corp (MEG PM)</a> claims no tax liability with BIR - MEG claimed that it has no outstanding or unpaid taxes that justify an action against the company</li></ul>

First REIT (FIRT SP) to divest Siloam Hospitals Surabaya at book value - FIRT enters into a conditional sale and purchase agreement with Siloam International Hospitals and Megapratama Karya Bersama to divest Tata Prima Indah, which owns 100% interest in Siloam Hospitals Surabaya for a divestment consideration of IDR430.0bn (~S$40.9m).Kensington Park condo launches S$1.28bn collective sale tender - Kensington Park condominium in Serangoon has been offered for en bloc sale by public tender with a guide price of S$1.28bn. Megaworld Corp (MEG PM) claims no tax liability with BIR - MEG claimed that it has no outstanding or unpaid taxes that justify an action against the company

ASEAN Builder's Scoop (19May22) - FIRT Divests Siloam Surabaya at Book