{"id":106097,"date":"2019-04-15T19:00:09","date_gmt":"2019-04-15T12:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-investment-holding-firm-united-industrial-raises-stake-in-marina-centre-for-s485-million\/"},"modified":"2019-04-15T20:03:08","modified_gmt":"2019-04-15T13:03:08","slug":"singapore-investment-holding-firm-united-industrial-raises-stake-in-marina-centre-for-s485-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-investment-holding-firm-united-industrial-raises-stake-in-marina-centre-for-s485-million\/","title":{"rendered":"Singapore investment holding firm United Industrial raises stake in Marina Centre for S$485 million"},"content":{"rendered":"


\nUnited Industrial Corporation, a subsidiary of UOL Group, is acquiring a further 24.27 per cent stake in indirect subsidiary Marina Centre Private Holdings (MCH) for S$485.3 million (US$358.86 million), to be paid in cash. It already owns a 53.07 per cent stake in MCH.The acquisition is being made through the purchase of shares from the following vendors \u2013 10 per cent from OUE for S$200 million, 10.27 per cent from Finnegan Investments for S$205.3 million and 4 per cent from Mackmoor for US$80\u2026
\n
\nSource : South China Morning Post
\nRead more…Singapore investment holding firm United Industrial raises stake in Marina Centre for S5 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

United Industrial Corporation, a subsidiary of UOL Group, is acquiring a further 24.27 per cent...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106097","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rBf","jetpack-related-posts":[{"id":116109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-acquires-50-per-cent-stake-in-singapores-axa-tower-home-to-its-lazada-e-commerce-unit\/","url_meta":{"origin":106097,"position":0},"title":"Alibaba acquires 50 per cent stake in Singapore\u2019s AXA Tower, home to its Lazada e-commerce unit","date":"May 6, 2020","format":false,"excerpt":"\r Chinese technology giant Alibaba Group Holding has acquired a 50 per cent stake in a 50-storey prime office tower in Singapore, in a deal that values the property at S$1.68 billion (US$1.2 billion).The stake in AXA Tower is being viewed as solidifying Alibaba\u2019s commitment to the city state. \u201cSingapore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ihcs-judan-financial-buys-50-1-stake-in-alpha-wave-global-the-29bn-asset-manager\/","url_meta":{"origin":106097,"position":1},"title":"IHC\u2019s Judan Financial buys 50.1% stake in Alpha Wave Global, the $29bn asset manager","date":"March 10, 2026","format":false,"excerpt":"\r IHC subsidiary Judan Financial acquires a 50.1 per cent stake in US investment firm Alpha Wave Global, which manages $29bn assets The post IHC\u2019s Judan Financial buys 50.1% stake in Alpha Wave Global, the $29bn asset manager appeared first on Arabian Business: Latest News on the Middle East, Real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-takes-stake-in-venture-to-gain-foothold-in-shanghais-rising-commercial-district\/","url_meta":{"origin":106097,"position":2},"title":"Swire Properties takes stake in venture to gain foothold in Shanghai\u2019s rising commercial district","date":"February 26, 2018","format":false,"excerpt":"\r Swire Properties said on Monday it had agreed to take a 50 per cent stake in a Shanghai joint venture for 1.35 billion yuan (US$214 million), a move that will help it gain a foothold in an up and coming commercial district in Pudong. 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