Isetan Singapore

Isetan Tampines to shutter in Nov 2025

[SINGAPORE] Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).

CS Fresh is operated by mainboard-listed DFI Retail Group. The retailer is likely to see an earnings recovering for the full-year FY2024, says RHB Singapore's senior research analyst Alfie Yeo.

F&B, grocery players like Sheng Siong, DFI still whet appetite of investors

Delisting of RE&S also signals interest in F&B by private equity

In April, Isetan Mitsukoshi, which owns 52.73% of Isetan Singapore’s shares, proposed to take the retailer private at S$7.20 per share – a 37.4% premium over the counter’s highest closing market price in the past five years.

Ise-time for change? A look at Isetan’s 54-year history in Singapore

A major shareholder is looking to privatise the mainboard-listed Japanese retailer

Isetan Singapore's shares have been suspended since Aug 29.

Isetan Singapore to delist on Sep 19

The department store operator has posted a net loss of S$1.2 million for the full year ended Dec 31, 2023

The court has sanctioned a scheme of arrangement that will enable Japan’s Isetan Mitsukoshi to take Isetan Singapore private.

Isetan Singapore to stop trading on Aug 29 after court sanctions privatisation scheme

Transfer books and register of members of the company will be close at 5 pm on Sep 5

Isetan cites “sustained high operating costs” as challenge in its outlook

Isetan Singapore narrows H1 loss to S$126,000 but faces lower sales

The latest set of results comes after a major shareholder proposed to take Isetan private

Isetan Mitsukoshi is being rational in trying to privatise Isetan Singapore, despite the local-listed company's dismal financial performance.
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Tokyo-listed Isetan Mitsukoshi is looking to take Isetan Singapore private by fully acquiring all the shares it does not own, ending the departmental store operator’s four-decade run on the Singapore bourse.

Hot stock: Isetan Singapore jumps 147.5% on proposed privatisation after resuming trade

After rising more than S$4 at Tuesday’s market open, the counter is now trading close to Isetan Mitsukoshi’s S$7.20 per share privatisation offer

Isetan supermarket in Westgate mall at Jurong East. The proposed privatisation will be achieved through a scheme of arrangement.

Japan’s Isetan Mitsukoshi looks to take Isetan Singapore private

The scheme consideration of S$7.20 per share implies a 37.4 per cent premium over the counter’s highest closing market price in the past five years

Facade of Isetan Singapore outlet at Parkway Parade on August 13, 2021.

Isetan’s China associate to cease operations amid Covid-19, lease renewal challenges

CHENGDU Isetan Company Limited, a China-based associate of mainboard-listed Isetan, will cease operations of its 2 stores by the end of this year, the company announced in a Monday (Jun 27) bourse fil...