Latest news with #ESRGroup
Bloomberg
a day ago
- Business
- Bloomberg
ESR Shareholders Approve $7 Billion Buyout By Investor Group
Shareholders of ESR Group Ltd. approved a buyout deal by a consortium of investors valuing the Hong Kong-listed warehouse operator at about $7 billion via a scheme of arrangement. ESR will be acquired by a group including investment firms Starwood Capital Group, Sixth Street Partners, SSW Partners, Warburg Pincus, Qatar Investment Authority and ESR's founders, according to a statement on Friday. In December the buyer consortium proposed to acquire all ESR shares for HK$13 each and take the company private.
Business Times
a day ago
- Business
- Business Times
Hong Kong-listed ESR gets shareholders' nod for privatisation
[HONG KONG] Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise the real estate fund manager. The company is expected to delist from the Hong Kong Stock Exchange (HKSE) on Jul 3, said ESR in a statement. At the scheme meeting held on Friday, over 99.97 per cent of the votes cast by disinterested shareholders in person or by proxy gave their nod of approval. All resolutions related to the scheme were also approved at the extraordinary general meeting. Shareholders will receive the scheme consideration of HK$13 a share in cash – 55.7 per cent higher than the closing price of HK$8.35 a share on Apr 24, ESR's last trading day before the submission of its non-binding privatisation proposal. Overall, the proposed offer is valued at HK$55.2 billion (S$9.5 billion) on an equity basis, making it the largest privatisation from the HKSE since 2021. ESR had received a non-binding and conditional privatisatsion proposal in April last year. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up A consortium of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners then made an offer to take the real estate fund manager private last December. The consortium includes private equity fund Warburg Pincus, sovereign wealth fund Qatar Investment Authority and ESR co-founders Stuart Gibson, Charles de Portes and Jeffrey Shen. In a statement then, the consortium highlighted that the company needed to transition to an asset-light platform, re-focus on new economy sectors, simplify its current portfolio, realise cost synergies and optimise its balance sheet. But these may come with short-term earnings fluctuations and are therefore best executed in a private setting. 'The (proposed privatisation), if successful, would transform the company's shareholder register to include highly experienced world-class investors, whose long-term capital will support (the company's) strategic transformation and growth, while maintaining a prudent and effective governance structure that protects minority shareholders.' Stuart Gibson and Jeffrey Shen, co-founders and co-chief executive officers of ESR, added in the Friday statement that the soon-to-be private company would be better positioned to focus on its long-term strategic transformation and value creation for all stakeholders. ESR, which sponsors four real estate investment trusts in Singapore, has over US$150 billion in assets under management. It focuses on real estate assets such as warehouses and data centres in markets including Australia, China, India, Japan, New Zealand, Singapore and South Korea.
Yahoo
5 days ago
- Business
- Yahoo
Fannie Mae Publishes May 2025 National Housing Survey Results
WASHINGTON, June 9, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today published the results of its May 2025 National Housing Survey® (NHS), which includes the Home Purchase Sentiment Index® (HPSI), a measure of consumer sentiment toward housing. Month over month, the HPSI increased 4.3 points to 73.5. Year over year, the HPSI is up 4.1 points. For more information, access the latest data release or the key indicator data file. About the ESR GroupFannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lenders to inform forecasts and analyses on the economy, housing, and mortgage markets. Follow Fannie Fannie Mae Newsroomhttps:// Photo of Fannie Maehttps:// Fannie Mae Resource Center1-800-2FANNIE Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group or survey respondents included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group or survey respondents as of the date indicated and do not necessarily represent the views of Fannie Mae or its management. View original content to download multimedia: SOURCE Fannie Mae Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
3 Asian Growth Companies With Significant Insider Ownership
As global markets react positively to the recent U.S.-China tariff suspension, Asian stocks have shown resilience, with Chinese indices experiencing a notable uptick. In this environment of easing trade tensions and shifting economic dynamics, companies with strong growth potential and significant insider ownership can offer unique insights into their future prospects. Name Insider Ownership Earnings Growth Sineng ElectricLtd (SZSE:300827) 36% 26.8% Samyang Foods (KOSE:A003230) 11.6% 23.1% Nanya New Material TechnologyLtd (SHSE:688519) 11% 63.1% Global Tax Free (KOSDAQ:A204620) 20.8% 35.1% Fulin Precision (SZSE:300432) 13.6% 44.2% Schooinc (TSE:264A) 26.6% 68.9% M31 Technology (TPEX:6643) 30.8% 63.4% Oscotec (KOSDAQ:A039200) 21.1% 85.9% Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 60.7% giftee (TSE:4449) 34.5% 63.7% Click here to see the full list of 619 stocks from our Fast Growing Asian Companies With High Insider Ownership screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★☆☆ Overview: ESR Group Limited operates in logistics, data centres, and infrastructure and renewables across various regions including Asia-Pacific and Europe, with a market cap of approximately HK$54.36 billion. Operations: The company's revenue segments include Fund Management at $525.98 million and New Economy Development at $94.01 million, while the Investment segment shows a negative contribution of -$10.71 million. Insider Ownership: 13% ESR Group, trading below its estimated fair value, is poised for substantial earnings growth at 58.93% annually despite a challenging financial position with insufficient interest coverage. Forecasts indicate revenue growth of 15.1% per year, outpacing the Hong Kong market but trailing ideal benchmarks for high-growth companies. Recent results showed a significant net loss of US$699.81 million due to asset revaluation losses and reduced fees, impacting dividends and profitability expectations in the near term. Delve into the full analysis future growth report here for a deeper understanding of ESR Group. Our valuation report unveils the possibility ESR Group's shares may be trading at a premium. Simply Wall St Growth Rating: ★★★★★☆ Overview: Newborn Town Inc., an investment holding company, operates in the global social networking sector with a market cap of HK$12.83 billion. Operations: The company generates revenue primarily from its Social Networking Business, amounting to CN¥4.63 billion, and its Innovative Business segment, which contributes CN¥459.64 million. Insider Ownership: 32.7% Newborn Town's high insider ownership aligns with its robust growth prospects, as earnings are expected to grow significantly at 29% annually, outpacing the Hong Kong market. Despite recent share price volatility and a decrease in profit margins from 15.5% to 9.4%, the company trades at a substantial discount to its estimated fair value. Revenue guidance for Q1 2025 suggests strong performance, with an increase of up to 48.1% year-on-year anticipated. Click here and access our complete growth analysis report to understand the dynamics of Newborn Town. In light of our recent valuation report, it seems possible that Newborn Town is trading beyond its estimated value. Simply Wall St Growth Rating: ★★★★★★ Overview: RemeGen Co., Ltd. is a biopharmaceutical company focused on the discovery, development, and commercialization of biologics for autoimmune, oncology, and ophthalmic diseases in Mainland China and the United States with a market cap of approximately HK$26.73 billion. Operations: The company's revenue from biopharmaceutical research, service, production, and sales amounts to approximately CN¥1.91 billion. Insider Ownership: 11.6% RemeGen demonstrates strong growth potential with expected annual earnings growth of 64.67% and revenue projected to rise by 22.7% annually, surpassing the Hong Kong market average. The company is poised to become profitable within three years and trades at a significant discount to its estimated fair value. Recent positive clinical trial results for disitamab vedotin in cancer treatment bolster its innovative pipeline, though it faces challenges like high share price volatility and limited cash runway. Unlock comprehensive insights into our analysis of RemeGen stock in this growth report. Our comprehensive valuation report raises the possibility that RemeGen is priced higher than what may be justified by its financials. Discover the full array of 619 Fast Growing Asian Companies With High Insider Ownership right here. Want To Explore Some Alternatives? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SEHK:1821 SEHK:9911 and SEHK:9995. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
18-05-2025
- Business
- Yahoo
3 Asian Growth Companies With Significant Insider Ownership
As global markets react positively to the recent U.S.-China tariff suspension, Asian stocks have shown resilience, with Chinese indices experiencing a notable uptick. In this environment of easing trade tensions and shifting economic dynamics, companies with strong growth potential and significant insider ownership can offer unique insights into their future prospects. Name Insider Ownership Earnings Growth Sineng ElectricLtd (SZSE:300827) 36% 26.8% Samyang Foods (KOSE:A003230) 11.6% 23.1% Nanya New Material TechnologyLtd (SHSE:688519) 11% 63.1% Global Tax Free (KOSDAQ:A204620) 20.8% 35.1% Fulin Precision (SZSE:300432) 13.6% 44.2% Schooinc (TSE:264A) 26.6% 68.9% M31 Technology (TPEX:6643) 30.8% 63.4% Oscotec (KOSDAQ:A039200) 21.1% 85.9% Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 60.7% giftee (TSE:4449) 34.5% 63.7% Click here to see the full list of 619 stocks from our Fast Growing Asian Companies With High Insider Ownership screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★☆☆ Overview: ESR Group Limited operates in logistics, data centres, and infrastructure and renewables across various regions including Asia-Pacific and Europe, with a market cap of approximately HK$54.36 billion. Operations: The company's revenue segments include Fund Management at $525.98 million and New Economy Development at $94.01 million, while the Investment segment shows a negative contribution of -$10.71 million. Insider Ownership: 13% ESR Group, trading below its estimated fair value, is poised for substantial earnings growth at 58.93% annually despite a challenging financial position with insufficient interest coverage. Forecasts indicate revenue growth of 15.1% per year, outpacing the Hong Kong market but trailing ideal benchmarks for high-growth companies. Recent results showed a significant net loss of US$699.81 million due to asset revaluation losses and reduced fees, impacting dividends and profitability expectations in the near term. Delve into the full analysis future growth report here for a deeper understanding of ESR Group. Our valuation report unveils the possibility ESR Group's shares may be trading at a premium. Simply Wall St Growth Rating: ★★★★★☆ Overview: Newborn Town Inc., an investment holding company, operates in the global social networking sector with a market cap of HK$12.83 billion. Operations: The company generates revenue primarily from its Social Networking Business, amounting to CN¥4.63 billion, and its Innovative Business segment, which contributes CN¥459.64 million. Insider Ownership: 32.7% Newborn Town's high insider ownership aligns with its robust growth prospects, as earnings are expected to grow significantly at 29% annually, outpacing the Hong Kong market. Despite recent share price volatility and a decrease in profit margins from 15.5% to 9.4%, the company trades at a substantial discount to its estimated fair value. Revenue guidance for Q1 2025 suggests strong performance, with an increase of up to 48.1% year-on-year anticipated. Click here and access our complete growth analysis report to understand the dynamics of Newborn Town. In light of our recent valuation report, it seems possible that Newborn Town is trading beyond its estimated value. Simply Wall St Growth Rating: ★★★★★★ Overview: RemeGen Co., Ltd. is a biopharmaceutical company focused on the discovery, development, and commercialization of biologics for autoimmune, oncology, and ophthalmic diseases in Mainland China and the United States with a market cap of approximately HK$26.73 billion. Operations: The company's revenue from biopharmaceutical research, service, production, and sales amounts to approximately CN¥1.91 billion. Insider Ownership: 11.6% RemeGen demonstrates strong growth potential with expected annual earnings growth of 64.67% and revenue projected to rise by 22.7% annually, surpassing the Hong Kong market average. The company is poised to become profitable within three years and trades at a significant discount to its estimated fair value. Recent positive clinical trial results for disitamab vedotin in cancer treatment bolster its innovative pipeline, though it faces challenges like high share price volatility and limited cash runway. Unlock comprehensive insights into our analysis of RemeGen stock in this growth report. Our comprehensive valuation report raises the possibility that RemeGen is priced higher than what may be justified by its financials. Discover the full array of 619 Fast Growing Asian Companies With High Insider Ownership right here. Want To Explore Some Alternatives? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SEHK:1821 SEHK:9911 and SEHK:9995. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
