The Business Times
business-time-50
SUBSCRIBERS

Straco completes S$140m acquisition of Singapore Flyer

google-preferred-sourceAdd BT as a preferred source
Published Fri, Nov 28, 2014 · 09:50 PM

Singapore

STRACO Leisure, a subsidiary of tourism operator Straco Corporation, has completed its acquisition of the Singapore Flyer ferris wheel for S$140 million.

Mainboard-listed Straco Corporation announced on Friday morning that the deal - involving the acquisition of business and assets - was completed on Thursday.

Singapore tourism

TRENDING NOW

The AGT team includes (from left) director and portfolio manager Avrian Tan; CEO and chief investment officer Gregory See; and director and portfolio manager Tim Kusumo.

Oiltek, Marco Polo Marine, Nam Cheong, OKP – Singapore boutique fund bets big on SGX small caps

The site in Peck Hay Road can yield about 315 private homes, according to URA.

CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot

Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

SpaceX will rank seventh among US-listed firms when its shares begin trading on the Nasdaq on Jun 12 (US Eastern time).

SpaceX IPO raises US$75 billion in biggest debut of all time, firm valued at US$1.77 billion

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More