hwa hong
Wing Tai’s Amara foray will not help to address its underperformance
Merging with the hotel and property group trumps buying it via a consortium; other key issues need addressing
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
It values the hotel group at S$514.6 million
Court documents detail Evercore’s ties with ex-Hwa Hong director and how the investment bank was appointed
HWA Hong Corporation’s former director David Ong engaged investment bank Evercore to sell his shares in the company in September 2021, before a privatisation offer was made for the firm in May 2022.
Evercore’s bid to wind up Hwa Hong over S$8.7 million disputed fees dismissed
CORPORATE financial adviser Evercore Asia (Singapore) has failed in its attempt to wind up Hwa Hong Corporation over an alleged debt of S$8.7 million it is claiming as professional fees. It was ordere...
Evercore Asia, Dymon-backed Hwa Hong take fees dispute to court
CORPORATE finance adviser Evercore Asia (Singapore) and former mainboard-listed Hwa Hong Corporation are in a legal dispute involving, among other things, fees Evercore is claiming as Hwa Hong’s finan...
Hwa Hong responds to SGX queries on resignation of independent non-exec director
PROPERTY company Hwa Hong Corporation on Thursday (May 5) responded to queries raised by the Singapore Exchange on the resignation of Mak Lye Mun as its independent and non-executive director, effecti...
Hwa Hong served notice of compliance to appoint independent reviewer to review company’s board nomination process
THE Singapore Exchange (SGX) on Friday (May 6) issued Hwa Hong Corporation a notice of compliance, after the property company responded to SGX’s queries concerning the resignation of its former indepe...
Hwa Hong directors plan strategic review in expectation of offer lapse
SHAREHOLDING directors of Hwa Hong Corporation “are increasingly of the view that maximising shareholder value would be best achieved outside the timeline and constraints imposed by the general offer”...
Offer for Hwa Hong closes with 92.3% acceptances; Sanjuro to exercise rights of compulsory acquisition
THE mandatory offer for Hwa Hong Corporation by Sanjuro United has closed on Monday (Aug 1), with the offeror crossing the threshold required to exercise its rights of compulsory acquisition.
Hwa Hong’s privatisation offer turns unconditional
THE consortium behind Hwa Hong Corporation’s privatisation offer, Sanjuro United, has obtained valid acceptances from shareholders holding 44.88 per cent of the shares, inclusive of the acceptances re...
