1. SG Talk
  2. SG Talk
  3. Market Talk



Threaded Mode
Food Empire Building sold for $49.25 mil to Lian Beng Group
Levin

Supreme Guru
Reputation: 134
*******

 Posts: 19,401     Threads: 13,919     
Likes Received: 2,699 in 2,479 posts
Likes Given: 472
#1

11-06-2022, 08:32 AM
Breadtalk sold its IHQ to Lian Beng last year. Now Food Empire doing the same.

https://www.edgeprop.sg/property-news/fo...beng-group

[Image: c8fb8e-Food-Empire-Building.jpg]
(This post was last modified: 11-06-2022, 08:33 AM by Levin.)
Find
Reply
Levin

Supreme Guru
Reputation: 134
*******

 Posts: 19,401     Threads: 13,919     
Likes Received: 2,699 in 2,479 posts
Likes Given: 472
#2

11-06-2022, 08:36 AM
I think the report is wrong. The building is not in Toa Payoh but in Tai Seng. Closest main road is Upper Paya Lebar Road. Which means the building is quite near to Breadtalk IHQ.
(This post was last modified: 11-06-2022, 08:37 AM by Levin.)
[+] 1 user Likes Levin's post
Find
Reply
Sticw

Supreme Guru
Reputation: 112
*******

 Posts: 5,873     Threads: 35     
Likes Received: 2,011 in 1,547 posts
Likes Given: 444
#3

11-06-2022, 09:03 AM
Likely consolidating properties to pack into reit..
Find
Reply
Rubitin

Supreme Guru
Reputation: 17
*******

 Posts: 4,759     Threads: 1,121     
Likes Received: 272 in 264 posts
Likes Given: 858
#4

11-06-2022, 11:06 AM
(11-06-2022, 09:03 AM)Sticw Wrote:  Likely consolidating properties to pack into reit..

Local Whales.
Find
Reply
sgbuffett

Supreme Guru
Reputation: 150
*******

 Posts: 27,195     Threads: 7,993     
Likes Received: 4,635 in 3,665 posts
Likes Given: 652
#5

11-06-2022, 11:25 AM
Lian Beng transforming itself to reits?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 11-06-2022, 11:25 AM by sgbuffett.)
Find
Reply
Teeth53

Senior Guru
Reputation: 13
******

 Posts: 3,651     Threads: 28     
Likes Received: 248 in 244 posts
Likes Given: 74
#6

11-06-2022, 11:34 AM
(11-06-2022, 09:03 AM)Sticw Wrote:  Likely consolidating properties to pack into reit..

Likely IPO as Reits... Clapping
Find
Reply
sgbuffett

Supreme Guru
Reputation: 150
*******

 Posts: 27,195     Threads: 7,993     
Likes Received: 4,635 in 3,665 posts
Likes Given: 652
#7

11-06-2022, 12:10 PM
(11-06-2022, 11:34 AM)Teeth53 Wrote:  Likely IPO as Reits... Clapping
It's not a good thing so many companies use REITs listing as exit plans
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Find
Reply
Cmpunk

Senior Guru
Reputation: 31
******

 Posts: 2,945     Threads: 152     
Likes Received: 579 in 488 posts
Likes Given: 413
#8

11-06-2022, 12:29 PM
Walau list them in stocks exchange and cheat money?
Find
Reply
Niubee

Supreme Guru
Reputation: 165
*******

 Posts: 15,480     Threads: 675     
Likes Received: 3,027 in 2,694 posts
Likes Given: 970
#9

11-06-2022, 12:40 PM
SG Govt should stop Reits companies from sucking the economy. Many companies are not innovating and into Rentier model.

Smile
Find
Reply
Teeth53

Senior Guru
Reputation: 13
******

 Posts: 3,651     Threads: 28     
Likes Received: 248 in 244 posts
Likes Given: 74
#10

11-06-2022, 08:54 PM
(11-06-2022, 12:40 PM)Niubee Wrote:  SG Govt should stop Reits companies from sucking the economy. Many companies are not innovating and into Rentier model.

then what are the best plans?.  Rotfl
Find
Reply
Niubee

Supreme Guru
Reputation: 165
*******

 Posts: 15,480     Threads: 675     
Likes Received: 3,027 in 2,694 posts
Likes Given: 970
#11

11-06-2022, 09:33 PM
(11-06-2022, 08:54 PM)Teeth53 Wrote:  then what are the best plans?.  Rotfl

cannot sell.

Smile
Find
Reply
« Next Oldest | Next Newest »


Forum Jump:


Users browsing this thread: 1 Guest(s)