The Business Times
business-time-50

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

With OCBC trading at S$28.69 at the time of the report, the new target price implies a downside of 1%.

CGSI downgrades OCBC on sharp share price gain, less attractive yield, but raises target price

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

What makes a good job? Feeling that you matter

Tan Boon Liat Building is an industrial warehouse and showroom landmark located at the crossroads of Outram Road and Zion Road.

Kingsford Group inks deal to buy Tan Boon Liat Building at lower reserve price of S$950m

The move gives retail investors a simpler way to gain exposure in Singapore dollars to some of the world’s leading companies.

SpaceX, Sea and Grab to debut as SGX’s first US SDRs 

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