Singapore
CapitaLand makes S$2b bet on China despite weak SG sales
The company’s 3Q11 numbers were down mainly due to lower recognition of sales from development projects.
CapitaLand makes S$2b bet on China despite weak SG sales
The company’s 3Q11 numbers were down mainly due to lower recognition of sales from development projects.
Eureka!: RH Petrogas discovers new gas reserves in Indonesia
The discovery was made in the North Klalin field, located close to its subsidiaries’ production fields.
Cacola Furniture’s Executive Director and Chief Executive Officer resigns
Financial Controller Chan Sui Wa joins CEO Lu Lingjia in rendering their resignation.
MSD and Economic Development Board seal deal for new investments in Singapore
MSD to invest US$250mn over the next ten years in site improvements at its manufacturing facilities.
M1 to offer iPhone 4S in Singapore
M1 Saturday announced that it will offer the iPhone 4S in Singapore on 28 October, Friday. iPhone 4S will be available starting at $505 for the 16GB model, $630 for the 32GB model and $770 for the 64GB model. Customers can select from a range of four iPhone tariff plans, with monthly subscriptions starting from as low as $36.
SGX seeks views MSCI Indonesia Index futures inclusion
Addition provides an alternative trading platform to the over-the-counter market.
Russian carrier Vladivostok Air to take off at Changi Airport
The service will depart Vladivostok International Airport on Tuesday and Friday mornings and arrive in Changi Airport at 1820 hours on the same day.
Scorpio East Holdings directors reprimanded by SGX
The company has breached Catalist Rule 703 by failing to disclose information about the terminated contracts of about S$12 million.
Frasers Centrepoint Trust achieves record DPU of 2.35 cents in Q4 2011
Credits go to Causeway Point which lifted FCT’s net income to $82.6 m in FY 2011.
Ascott REIT’s unitholders’ distribution up 112% to S$25.3m
And its distribution per unit increased 21% to 2.23 cents in Q3 2011.
AsiaPac IPOs raise a disappointing US$609m in 3Q11
This is an 18% decline from 2Q11’s US$3.3b.
Prime rents in Orchard Road rise 2% to S$35 psf in 3Q11
However, the threat of an economic slowdown may be putting a lid on rental growth in the coming months.
Mapletree Logistics Trust’s revenue jumps 25.4% to S$68.3m
The surge in revenue was driven by positive rental reversions of 22% and improvement in occupancy rate to 99%.
Robust property sales boost Keppel Corp’s revenue to S$2.7b
Keppel Land’s 3Q11 net profit rose 65% y-o-y at S$61m due to higher sales of The Lakefront Residences.
Singapore office property market to stay firm amid economic slump
No need to worry as the country’s solidified status as one of the leading financial hubs will keep on attracting investors worldwide.
Lonza debuts on SGX
The pharmaceutical supplier is the first SIX Swiss-listed company to dual list in Singapore.
Singapore Airlines keen on CCS nod of Virgin Australia alliance
SIA and Virgin Australia sought approval to co-operate across a broad range of commercial functions.
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