Thakral Corp
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
The group posts a 700% jump in its nine-month profit to S$128.8 million
Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing
Thakral may receive up to £8.1 million in proceeds from potential sale of stake in UK company
The Beauty Tech Group, in which Thakral holds a 9.6% stake, is set to list on the London Stock Exchange in October
Potential IPO of UK company could boost Thakral’s financial position
Project Glow Topco is considering an IPO on the main market of the London Stock Exchange
Thakral’s GemLife debuts on Australian bourse with A$1.65 billion market cap
It ends first day of trading up 4.1% at A$4.33, with 9.12 million stapled securities transacted
Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral
The IPO of the Australian over-50s lifestyle resorts operator is set to be the country’s largest this year
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
There is still no assurance or certainty that the proposed IPO would proceed and close successfully, says the company
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
This is in response to an Australian Financial Review article that said GemLife’s owners are preparing introductory meetings with listed equities investors
More drone applications in South Asia, greater demand for retirement living in Australia to drive Thakral’s growth
The biggest contributor to the company’s earnings comes from its associate GemLife, a resort living developer targeting retirees
