LONDON: Tufton Oceanic Assets Limited has acquired two Product Tankers for $23.0m. These acquisitions take the Company’s fleet to eighteen vessels, a news release said. Both vessels have fixed rate time charters for three to five years to a major commodity trading and logistics company. The yield during the charters exceeds the targets expressed in…
Regional REIT acquires two properties in Swansea and Bristol for £10.2m
LONDON, UK: Regional REIT has completed the attractive acquisition of two office properties in Swansea and Bristol for a total consideration of £10.2m, with a combined net initial yield of 10.1% and a weighted average unexpired lease term (WAULT) to first break of 4.2years. Waterside Business Park, Swansea: The two-floor office asset comprises 68,535 sq….
Norman Broadbent acquires minority interest in NBIM
LONDON: Norman Broadbent – a leading London listed Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services, has agreed to acquire the outstanding minority interest of 25% of Norman Broadbent Interim Management Limited (NBIM) from Angela Hickmore for consideration of £135,000 to be satisfied by the payment of the initial…
DGO signs participation agreement with Oaktree Capital for future expansion
LONDON: Diversified Gas & Oil PLC (DGO) has signed a definitive participation agreement with funds managed by Oaktree Capital Management to jointly identify and fund future proved developed producing (PDP) acquisition opportunities the company identifies. Diversified Gas & Oil (DGO) continues to demonstrate its proven ability to identify prudent ways to advance its growth strategy…
Zegona Communications completes Euskaltel Board restructuring
LONDON: Zegona Communications has announced successful restructuring of the Euskaltel Board and executive team over the past year. Zegona is confident that this restructuring will result in a more effective and efficient implementation of the company’s 2020-2025 growth strategy outlined by Euskaltel senior management in March this year. Zegona recognised the potential to improve Euskaltel’s…
C4 Therapeutics prices $182 million IPO
LONDON: RTW Venture Fund Limited notes the announcement by its portfolio company C4 Therapeutics on 01 October 2020 of its pricing of a $182.4 million initial public offering (IPO) and admission to trade on Nasdaq Global Market under the ticker “CCCC”. C4T is a US‐based biotech company pioneering a new class of small molecule drugs…
TechnipFMC shuffles executive leadership
LONDON: TechnipFMC announced that Arnaud Pieton has been named President and CEO-elect, Technip Energies, effective immediately. The Company has also announced the appointment of Jonathan Landes to the role of President, Subsea. Mr. Pieton has been with the Company since 2004 and held multiple leadership positions across the Company, including Vice President, Projects. He most…
Indofood Agri Resources Ltd.
Indofood Agri Resources Ltd. (shortened IndoAgri) is an investment holding company and a subsidiary of Indofood Singapore Holdings Pte. Ltd.. Through Anthoni Salim’s First Pacific and Indofood, he owns 74% of the company’s voting rights. The company is listed on Singapore Exchange (ticker: 5JS) and the Frankfurt Stock Exchange (ticker: ZVF). IndoAgri operates in Indonesia,…
IHH Healthcare Berhad
IHH Healthcare Berhad (MYX: 5225) is a Malaysian–Singaporean private healthcare group focused on upmarket health services, and Asia’s largest private healthcare group. It is headquartered in Kuala Lumpur and has activities in the private hospital and health sector throughout Asia, Central and Eastern Europe, North Africa and the Middle East, notably in Singapore, Brunei, China,…
Hyflux Ltd
Hyflux Ltd (Hyflux) is a global sustainable solutions[buzzword] company listed on the Singapore Stock Exchange (SGX), and employs over 2,500 staff in Asia Pacific, the Middle East, Africa and the Americas. It maintains more than 10 research laboratories in Singapore, including a knowledge centre, an “innovative process development centre”, a materials and membrane products development…
Hutchison Port Holdings Limited (HPH)
Hutchison Port Holdings Limited (HPH), trading as Hutchison Ports, is a private holding company incorporated in the British Virgin Islands. The port operator group is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa). Some operation of the company were listed as Hutchison Port Holdings Trust in Singapore Exchange. In 2016, the network comprised 48…
The Hour Glass Limited
The Hour Glass Limited (SGX: AGS) is one of the world’s leading specialty luxury watch retail groups with an established presence of 40 boutiques in 11 key cities in the Asia Pacific region. The Hour Glass’ network of multi-brand and standalone boutiques are all strategically located in the key luxury retail corridors of Singapore, Kuala…