Corporate digest

Bonvests Holdings

A UNIT of Bonvests unit has acquired 29 units of residential town houses at 725 Wellington Street in Perth, Australia for A$33.5 million (S$34.1 million)

The total land area is about 5,160 square metres and the group intends to redevelop the properties into a mixed-use development.

The acquisition will be financed by internal funds and bank borrowings.

CSE Global

CSE Global's new 24.84 per cent shareholder, Malaysia-listed Serba Dinamik Holdings, has requested two board seats.

The request is being reviewed by CSE's nominating committee, which will announce the appointments after the due process is comp…