Pavillon Holdings

PAVILLON Financial Leasing, a unit of mainboard-listed Pavillon Holdings, had its bank accounts frozen with effect from Monday (Aug 1), following a court order requested by the main contractor of Pavillon’s automotive logistics hub in Tianjin, China.

MAINBOARD-LISTED Pavillon Holdings, previously known as Thai Village, could dish up a change of board control if its largest shareholder’s move to oust the executive chairman is successful.

MAINBOARD-LISTED Pavillon Holdings has been asked to hold an extraordinary general meeting (EGM) for the purpose of ousting the executive chairman and an independent director from the board.

SINGAPORE-LISTED Pavillon Holdings has issued RM29.9 million (S$9.9 million) worth of 5 per cent convertible bonds due in three years to Low Eng Heng, also known as Low Yong Heng.

MAINBOARD-LISTED Pavillon Holdings on Friday said it will pay the remaining RM29.9 million (S$9.84 million) for its Johor Baru properties acquisition by issuing three-year convertible bonds, at 5 per cent interest per annum.

MAINBOARD-LISTED Pavillon Holdings on Friday said it will pay the remaining RM29.9 million (S$9.84 million) for its Johor Bahru properties acquisition by issuing three-year convertible bonds at 5 per cent interest per annum.

IPC has signed a non-binding heads of agreement to sell to Xinyuan (China) Real Estate, a unit of New York-listed Xinyuan Real Estate, its hotel, Grand nest HOTEL zhuhai, for an indicative price of about RMB200 million (S$41 million).

SINGAPORE-LISTED Pavillon Holdings on Monday said its subsidiary Fengchi Real Estate Sdn Bhd had on Sept 16 entered into a conditional sale and purchase agreement for the acquisition of units in a commercial complex and adjoining vacant lands in Johor Bahru, Malaysia, for RM52 million (S$16.7 million).

Global Logistic Properties: Logistics facilities provider Global Logistic Properties (GLP) has signed 69,000 sq m of new leases in China and Japan over the past three months, it announced on Thursday. The customers are using the facilities to service growing demand from online and offline retail distribution channels, it said.