ABR Holdings
 | This article needs additional citations for verification. (March 2023) |
 | |
| SGX: 533 | |
| Industry | Food Retail Franchisee |
| Founded | 1978, Singapore |
| Headquarters | Singapore |
| Website | www |
ABR Holdings Limited is a Singaporean company headquartered in Tampines. ABR is listed on the Mainboard of the Singapore Exchange.[1] ABR is primarily involved in food services and property development.
History[edit]
Established in 1978, ABR first held the franchise for Swensen's in Singapore.
ABR first listed on the secondary board of the SGX, Sesdaq, on 11 May 1992; and was transferred to the Mainboard on 7 November 2008.[2]
In the late 1990s, an acquisition of the majority stake in ABR saw the injection of Europa Holdings into ABR. Europa had various lifestyle businesses including pubs, restaurants, and most notably, two country clubs, Raffles Town Club and Europa Country Club. ABR divested its interest in some brands and consolidated others.
In 2003, ABR made a majority investment into FNA.[3] On 10 February 2012, ABR announced that it entered into a conditional sale and purchase agreement to sell its stake in FNA to its minority partner.[citation needed]
Property[edit]
In October 2018, ABR announced a proposed acquisition into a property development project in Kuala Lumpur, Malaysia. The project lands are located in the vicinity of Pavilion Kuala Lumpur, a shopping centre situated in the Bukit Bintang district. It is intended that a mixed commercial development will be developed on the project lands.[4]
On 1 January 2021, ABR announced that its joint venture company with LWH Holdings, Baywind Properties, had been awarded a tender for three freehold properties in Lorong N Telok Kurau, with a tendered price of S$23.6 million. The estimated total land size is 18,507.62 sq ft. ABR and LWH intend to develop the properties into apartments, subject to necessary approvals being obtained.[5]
References[edit]
- ^ SGX. "ABR HOLDINGS LIMITED". links.sgx.com. Archived from the original on 2021-07-09. Retrieved 2021-07-05.
- ^ "Corporate Information - Singapore Exchange (SGX)". www.sgx.com. Retrieved 2021-07-05.
- ^ "Focus Network Agencies Singapore Pte Ltd". www.bloomberg.com. Archived from the original on 2021-07-09. Retrieved 2021-07-05.
- ^ "PROPOSED ACQUISITION OF 10.2% STAKE". SGX. 18 October 2018.
- ^ "Joint venture between ABR unit and LWH wins tender for 3 properties worth S$23.6m". www.businesstimes.com.sg. Archived from the original on 2021-01-02. Retrieved 2021-07-05.
