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Companies & Markets

Hot stock: OKH Global surges 38.9% after proposed acquisition of Chip Eng Seng Construction

What can the new sponsor groups of these property trusts do to unlock value?
Podcasts

BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

Cromwell E-Reit, like ARA H-Trust, owns faraway assets and is laden with debt
Opinion & Features
MARK TO MARKET

New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Chip Eng Seng said the contract is not expected to have any material impact on its net tangible assets and earnings per share for the current financial year ending December.
Companies & Markets

Chip Eng Seng unit bags S$174m HDB contract

TMW Maxwell sits on the site of the former Maxwell House, a 13-storey commercial building located at 20 Maxwell Road.
Residential

CEL starts preview of TMW Maxwell; units priced upward of S$3,000 psf

Chip Eng Seng chairman Celine Tang (above) launched the offer under the vehicle Tang Dynasty Treasure.
Companies & Markets

Chip Eng Seng loses free float, to be delisted

As at 6 pm on Feb 1, the offeror has received valid acceptances amounting to 649.5 million shares, translating to about 82.7 per cent of the company.
Companies & Markets

Chip Eng Seng privatisation offer closing date extended to Feb 16

LTA said in a statement on Monday that the contract has been awarded to CES_SDC-Chip Eng Seng Contractors (1988) joint venture.
Companies & Markets

Chip Eng Seng subsidiaries win S$562m Cross-Island Line-Punggol Extension contract

Celine Tang (pictured) and her husband Gordon Tang launched the offer under the vehicle Tang Dynasty Treasure.
Companies & Markets

Closure date for Chip Eng Seng offer extended to Feb 2

The offer of S$0.75 per share represented a steep 43.9 per cent discount to CES’s revalued net asset value (RNAV) per share.
But the IFA, Xandar Capital, deemed the offer to be “fair and reasonable” – and recommended shareholders accept it.
Opinion & Features
HOCK LOCK SIEW

Chip Eng Seng IFA’s ‘fair and reasonable’ finding needs to consider factors that matter most

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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