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PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Jardine Matheson (JM SP) is to acquire I-Med radiology network from Permira for a total enterprise value of AUD 3.4bln

SourceNewsquawk
SectionAsian Equities

TAIWAN

Uni-President Enterprises Corp (1216 TT) - Co. subsidiary Cosmed and Starbucks Taiwan will continue their retail expansion after hitting a milestone of 600 stores for each brand nationwide Sunday, with parent company Uni-President Group Chairman Lo Chih-hsien declaring that the company is already gearing up to establish "the next 600 outlets". (Focus Taiwan)

SINGAPORE

Boustead Singapore (BOCS SP) - Co. and Boustead REIT are co-investing in the development of a build-to-suit aerospace facility in Seletar Aerospace Park with a project value of around SGD 104mln. (Business Times)

Jardine Matheson (JM SP) - Co. is to acquire I-Med radiology network from Permira for a total enterprise value of AUD 3.4bln. (Newswires)

Mapletree Industrial Trust (MINT SP) - Co.’s manager announced the sale of Philadelphia Data Centre for USD 14.5mln, representing a 4.3% premium above its independent valuation. (Business Times)

The Hour Glass (HG SP) - Co. H2 (SGD) net rose 39% Y/Y to 103.8mln, rev. rose 16% Y/Y to 722.8mln. (Business Times)

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