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KLSE:IOIPG

6 stories mentioning KLSE:IOIPGUpdated 11d ago

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Asia

IOI Properties Unit Exercises Call Option for MVKIMI (BVI) Acquisition

IOI Properties Group (KLSE:IOIPG) unit IOI Marina View has exercised a call option to acquire MVKIMI (BVI), after all conditions precedent under the Put and Call Option Agreement were satisfied.As a result, the sale and purchase agreement between IOIMV and HSBCITS is deemed to have been entered into on the same date, according to a Wednesday filing.

KLSE:IOIPG
Research

CGS International Upgrades IOI Properties Group to Add from Hold; Price Target is MYR4.61

IOI Properties Group (KLSE:IOIPG) has an average rating of overweight and mean price target of 4.42 ringgit, according to analysts polled by FactSet.

KLSE:IOIPG
Asia

Update: Market Chatter: CapitaLand, IOI Near SG$2.4 Billion Deal for One Raffles Place

CapitaLand Investment (SGX:9CI) and IOI Properties (KLSE:IOIPG) are close to jointly acquiring the landmark One Raffles Place office complex in Singapore, Bloomberg News reported Thursday, citing people familiar with the matter.The transaction, valued at roughly SG$2.4 billion, would see the two firms partner to purchase the twin-tower development, which includes retail space, the report said.OUE REIT (SGX:TS0U) controls an 81.54% stake in the asset, while UOB (SGX:U11) holds the remaining 18.46%, according to the report.CapitaLand declined to comment. IOI, OUE REIT, and UOB did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KLSE:IOIPGSGX:9CISGX:TS0USGX:U11
Asia

Market Chatter: CapitaLand, IOI Near SG$2.4 Billion Deal for One Raffles Place

CapitaLand Investment (SGX:9CI) and IOI Properties (KLSE:IOIPG) are close to jointly acquiring the landmark One Raffles Place office complex in Singapore, Bloomberg News reported Thursday, citing people familiar with the matter.The transaction, valued at roughly SG$2.4 billion, would see the two firms partner to purchase the twin-tower development, which includes retail space, the report said.OUE REIT (SGX:TS0U) controls an 81.54% stake in the asset, while UOB (SGX:U11) holds the remaining 18.46%, according to the report.CapitaLand, IOI, OUE REIT, and UOB did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KLSE:IOIPGSGX:9CISGX:TS0USGX:U11
Asia

Market Chatter: Singapore's One Raffles Place Attracts Interest from CapitaLand Investment, IOI Properties

One Raffles Place is drawing interest from several companies, including CapitaLand Investment (SGX:9CI) and IOI Properties (KLSE:IOIPG), and tycoons, Raj Kumar and Kishin RK, Bloomberg News reported Tuesday.The office complex is being marketed for more than SG$2.3 billion and comprises two office towers and a retail mall, spanning an area of 65,309 square meters, the report said.One Raffles Place is jointly owned by OUE REIT (SGX:TS0U) and United Overseas Bank (SGX:U11), the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^STIKLSE:IOIPGSGX:9CISGX:TS0USGX:U11
Research

MIDF Amanah Upgrades IOI Properties Group to Buy from Neutral; Price Target is MYR4.64

IOI Properties Group (KLSE:IOIPG) has an average rating of overweight and mean price target of 4.27 ringgit, according to analysts polled by FactSet.

KLSE:IOIPG

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