Overview
Pacific Alliance China Land (PACL) is a closed-end investment company, incorporated in the Cayman Islands.
The Company’s principal investment objective is to invest in a portfolio of investments in existing properties and new developments in Greater China and to provide its shareholders with capital growth and a regular level of income, from a diversified portfolio of property in Greater China and to achieve above average returns for an acceptable level of risk.
Pacific Alliance China Land Limited will seek to achieve these objectives by acquiring a portfolio of diversified property assets in Greater China split among (i) strategic pre-IPO investments in mid-size regional developers; (ii) co-investments in attractive new development projects which the Investment Manager selects from its strategic partners; and (iii) direct property acquisitions at distressed prices from developers who need to raise funds for additional land acquisitions or to make full payment on existing land acquisition contracts.
PACL : Pacific Alliance China Land
Research History
-
07 Jun 2019 5 min read
QuotedData’s economic roundup – June 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
-
18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
-
11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
-
11 May 2018 1 min read
QuotedData’s investment companies roundup – May 2018
QuotedData investment companies roundup – May 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2018. Kindly sponsored by Baillie Gifford. India Capital Growth has experience a rebound in performance in the past month, as […]
-
13 Mar 2018 1 min read
QuotedData’s investment companies roundup – March 2018
QuotedData investment companies roundup – March 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2018. Kindly sponsored by Baillie Gifford. Equity markets continued to run up in early February, supported by strong corporate earnings […]
News
-
12 May 2020 2 min read
QuotedData’s morning briefing 12 May 2020
In QuotedData’s morning briefing 12 May 2020: Gore Street Energy Storage says that construction work on its two 50MW battery projects in Northern Ireland has restarted (subject to social distancing measures). Construction is scheduled to be completed in December 2020, allowing sufficient time to complete necessary asset testing before the assets go online. the DS3 contracts […]
-
27 Sep 2019 1 min read
QuotedData’s other news 27 September 2019
In QuotedData’s other news 27 September 2019 Pacific Alliance China Land confirmed its planned delisting and liquidation, saying it would complete by the end of the year. Hipgnosis is asking shareholders to approve the issuance of 1bn C shares and has upped the maximum amount it will seek to issue now from 300m to 500m. Infrastructure […]
-
09 May 2019 1 min read
QuotedData’s other news 9 May 2019
Baker Steel has announced details of its tender – a tender offer for up to 9,677,498 shares (about one share for every 12 issued shares) at a tender price of 51p per share. The price represents a premium of 10.9% to the closing bid price on 7 May 2019 and a discount of 10.2% to the […]
-
02 Dec 2016 1 min read
Pacific Alliance China Land sells Project Auspice
Pacific Alliance China Land Limited has realised its entire interest in Project Auspice. The investee (Dalian Wanda Commercial Properties Co., Ltd., or “Wanda”), is one of China’s largest property developers focusing on integrated mixed-use development and operation management of commercial properties throughout the PRC. In 2009, PACL invested RMB 153 million (approximately equal to USD […]
-
30 Sep 2016 1 min read
Pacific Alliance China Land focused on selling last remaining investment
Pacific Alliance China Land Limited has announced its financial results for the six months to 30 June 2016. Net asset value as at 30 June 2016 was US$133.69 million, representing US$2.1704 per share, a 3.97% decrease from 31 December 2015 (US$234.8 million). On 30 June 2016, the Company’s share price closed at US$1.88, representing a 2.3% decrease from […]
-
27 Nov 2015 1 min read
Pacific Alliance China Land agrees Wal-Mart deal
Pacific Alliance China Land has announced that its jv partner, China Resources, has agreed with Wal-Mart China Holdings that it will sell Wal-Mart the remainder of its interest in Project Malls for RMB248m (US$38.9m). 50% of the consideration will be released to China Resources from escrow with the state owned exchange within 10 business days after […]
-
10 Sep 2015 1 min read
Pacific Alliance China Land sells Shanghai plot
Pacific Alliance China Land Limited says it has completed the listing and auction process with the Shanghai United Asset and Equity Exchange to sell its minority stake in a large parcel of land in Shanghai which is near to the future Disneyland location. The sale is expected to close by the end of September 2015, at […]
-
23 Apr 2015 1 min read
Pacific Alliance China Land makes good progress on disposals
Pacific Alliance China Land says its net asset value rose by 5.6% over the course of 2014. The share price rose by 6.5% to finish the year at a 30% discount. $30m worth of shares were bought back and cancelled during 2014. Major portfolio movements included the IPO of Dalian Wanda Commercial Properties which drove […]
