The Business Times
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Thakral Corp

Companies & Markets

Thakral’s profit triples to S$19.5 million on divestment of Osaka property

TBTG has built a strong international brand, noted Thakral’s chief executive Inderbethal Singh Thakral.
Companies & Markets

Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO

Thakral is led by chief executive Inderbethal Singh Thakral and has been listed on the Singapore Exchange mainboard since December 1995.
Companies & Markets

Thakral may receive up to £8.1 million in proceeds from potential sale of stake in UK company

Thakral Corporation, led by CEO Inderbethal Singh Thakral, could potentially benefit from the proposed London listing of Project Glow Topco.
Companies & Markets

Potential IPO of UK company could boost Thakral’s financial position

From left: GemLife chief financial officer Ashmit Thakral, director Gregg Piercy (per LinkedIn) and CEO Adrian Puljich attending the company's listing ceremony at the Australian Securities Exchange on Jul 3.
Companies & Markets

Thakral’s GemLife debuts on Australian bourse with A$1.65 billion market cap

Thakral noted that the listing will result in key financial reporting changes, where GemLife will cease to be an associate and instead be accounted for as an investment at fair value through profit or loss in Thakral’s financial statements.
Global Enterprise

Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral

Thakral Corp's associated company GemLife is said to be Australia’s largest privately owned land lease developer, owner and operator, with nearly 10,000 homes in more than 30 communities.
Companies & Markets

Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’ 

An artist's impression of a retirement house in Australia by Thakral Corp’s GemLife brand. Such houses are in gated communities with shared facilities such as saunas and bowling alleys.
Companies & Markets

Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities

An artist's impression of a retirement house in Australia by Thakral Corp’s associate GemLife, which is said to be the country’s largest privately owned land lease developer, owner and operator.
Companies & Markets

Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed

Inderbethal Singh Thakral, CEO of Thakral Corporation, says the company has held a certain philosophy since it was founded in 1905 – to make money from trade and park the profits in property.
Companies & Markets
TOPLINE

More drone applications in South Asia, greater demand for retirement living in Australia to drive Thakral’s growth

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