Singapore
Private Equity firms head for the IPO exit doors netting US$4.5bn in Asia
And globally 45 private equity backed companies raised US$17.2b, the highest since 2007.
Private Equity firms head for the IPO exit doors netting US$4.5bn in Asia
And globally 45 private equity backed companies raised US$17.2b, the highest since 2007.
Asia-Pac telcos face fight for credit quality
The sector maintained credit quality over the past six months, despite the pressure from intensifying competition and regulation.
Amazing A-REIT revenues up 5.6% YoY to $119.9m
Total amount available for distribution also rose 4.4% YoY and 7.6% QoQ to S$65.9m.
CapitaMall Trust second quarter distribution up 3.1%
Unitholders can expect to receive their distribution per unit on 26 August 2011.
Currency forecast to rise 2.4%
Bigger driver would be more of the trend in the Chinese currency and the outlook of the euro, says a currency strategist.
Pioneer Road North / Soon Lee Street site awarded to KNG Properties
It outbid six others with its more than $64m offer.
Total trade up by 5% in June
Compared to the same period in 2010, total exports grew by 6.2 percent in June 2011.
UOB to grow private bankers headcount fivefold
The lender currently has only 40 private bankers.
CapitaLand to operate serviced residences in India
Its new subsidiary Citadines Richmond Hospitality has approximately S$2,700 worth of share capital.
K-REIT Asia buys 50% stake in premium grade office building in Sydney
The property is amounted to up to S$223.3mn and fully-equipped with state-of-the-art facilities.
Singaporeans more artistically and culturally inclined in 2010
Statistics showed a 16% increase in the number of arts activities to 33,884 in 2010.
Singapore Airlines and Transaero Airlines ink codeshare pact
The agreement gives SIA customers new travel choices in Russia via Moscow and Singapore flights.
Singapore Airlines appoints Campbell Wilson as CEO of its low-cost unit
Starting next year, Wilson will lead SIA’s new wholly-owned but independently operated and managed airline.
DBS’ earnings to drop 10% in 2Q11
CIMB expects the bank’s earnings to total S$727m.
HP appoints Colin Png as Vice President of Enterprise Marketing in Asia Pacific and Japan
Png will be reporting to Dave Shirk, senior vice president of HP Enterprise Marketing worldwide.
Ming Arcade up for collective sale by tender
The redevelopment site, located on 21 Cuscaden Road is zoned ‘commercial’ with a gross plot ratio of 4.2+ and an allowable building height of 20 storeys.
MasterCard appoints Philip Yen as emerging payments group head
He will be responsible for driving product strategies to ensure maximum penetration of market segments and working with customers to identify opportunities.
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