The following companies saw new developments that may affect trading of their securities on Monday (Jan 22):
At the company’s annual general meeting held last Friday (Jan 19), Jumbo Group’s shareholders approved the renewal of its share buyback mandate.
In a bourse filing, the food and beverage player said that it will offer S$0.26 in cash per share to buy back up to 10 per cent of the company’s 643,658,465 shares in issue.
The offer represents a 6.1 per cent discount to the average market price of the company’s shares over the last five market days before the offer was announced.
SILVERLAKE Axis has received an offer from its executive chairman Goh Peng Ooi to acquire his shareholding interests in various Silverlake private entities he owns.
On Friday (Jan 19), the enterprise technology company said that Silverlake’s independent directors were of the view that the proposal should be explored in line with the company’s longer-term expansion and growth.
“The company has accordingly responded... by submitting a non-binding letter indicating its interest to further explore this potential opportunity,” it said.
Cromwell European REIT’s Nervesa21 office development in Milan, Italy, is largely completed and has been pre-let to three businesses, Universal Music, Scalapay and Edelman. As such, the building is now 70% leased, with just 3,000 sq ft or three floors left to let.
Nervesa21, which is located in the Porta Romana district of Milan, south-east of Milan’s city centre, was re-configured to offer 14 modern floors, a modular flexible layout, premium amenities, two rooftop terraces and four panoramic elevators. It is also designed with a strong focus on environmental, social and governance (ESG) with 5,300 sqm (57,048.73 sq ft) of green space, end-of-trip bicycle facilities, 230 parking spaces including electric vehicle (EV) charging stations and more.
ESR-LOGOS REIT’s build-to-suit redevelopment project at 21B Senoko Loop has attained its temporary occupation permit (TOP), says the REIT manager on Jan 22.
The new development is leased to NTS Singapore, a supplier for complex mechanics and mechatronics, for 15 years on a triple net basis. The lease will have built-in annual rental escalations and NTS will take full responsibility for paying its utilities, maintenance expenses, property tax and land rent.
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