Singapore
Tender for office site at Mountbatten Road awarded to Chen Chew Yen
The winning bid was $15,010,000 when the tender closed on November 1.
Tender for office site at Mountbatten Road awarded to Chen Chew Yen
The winning bid was $15,010,000 when the tender closed on November 1.
Industrial group SP Corporation’s unaudited results gets SGX confused
SGX then requested the company to disclose 7 facts about its income in 3QFY2011.
SGX queries Eastgate Technology’s decreasing payables
Other Payables balance of the Group has decreased from S$10m to S$2.23m, and SGX wants to know how it happened.
More supply of small apartments drive rising rents in city fringe
Now guess how narrow the gap is between the rents in the prime districts and the rest of central region?
ST Engineering profit up 3% to $133.8m
This is despite all sectors except for Marine posting lower revenue in the third quarter.
SingTel subsidiary acquires Advanced Info Services shares
SingTel Strategic Investments is purchasing 61 million ordinary shares for as much as approximately S$328m.
Confessions of an Angry Birds addict
I confess…I am an Angry Birds addict. For the benefit of readers who have not experienced this phenomenon, Angry Birds is a puzzle video game, in which players have to throw angry birds on pigs that have stolen the birds’ eggs. Since its launch in December 2009, over 12 million copies have been downloaded from the Apple App Store, making it the number one paid app in over 50 stores from Moldova to Singapore. More compelling is the fact that the total number of hours consumed by Angry Birds players worldwide is roughly 200 million minutes a day, which translates into 1.2 billion hours a year.
Parkson Retail Asia joins SGX Mainboard
With a market capitalisation of about S$ 640 million, Parkson brings the total number of listed companies on SGX to 776.
Viz Branz reveals update on shareholders’ ownership dispute
Chng Khoon Peng filed a suit against Ben Chng Beng Beng for a dispute over the ownership of ~19% shares in the Company in February but they have finally come to terms.
Hyflux’s revenue plunges 36.2% to S$87.7m in 3Q11
And net profit also declined 33.6% due to higher preparation costs for its Tuaspring Desalination project.
Morgan Stanley wins narrowing of claims against Singapore investors
Among the claims trashed were negligent misrepresentation, breach of fiduciary duty, unjust enrichment, and aiding and abetting.
Roxy Pacific Holdings’ profit surges 50% to S$13.4m in 3Q11
The boost came from the S$9.6m fair value gain from reclassifying Kovan Centre to a development property.
Commercial real estate sales in AsiaPac jump 36% in 3Q11
And Singaporean investors continue to be the major overseas purchasers across the region.
Sembcorp Industries profit down to S$222.4m
It dropped from S$244.1m in the third quarter of 2010, as Sembcorp Industries' Marine business posted profit decline.
Changi Airport offers more seats to Northeast and Southeast Asia
New Northern-Winter season also sees increase of 17% in cargo flights.
Tiger Airways to trade rights shares on SGX-ST Mainboard
The more than 270 million rights shares are listed starting 9:00am on 4 November 2011.
ACCA’s international survey: Global accounting standards grow in popularity
Study also found evidence that access to capital for companies has increased and its costs have been reduced by IFRS adoption..
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