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GIC bids $1.5b for bankrupt hotel group
Hedge fund Paulson & Co bought the hotels from Morgan Stanley in 2011 and eventually put them into bankruptcy.
GIC bids $1.5b for bankrupt hotel group
Hedge fund Paulson & Co bought the hotels from Morgan Stanley in 2011 and eventually put them into bankruptcy.
APB shares rocket to record high
This developed as Heineken’s offer now stands at $6.35 billion.
Del Monte Pacific Limited slams proposed bonus share issue
For good reason, and here’s why.
Chip Eng Seng Contractors bags $137.73m contract from HDB
The deal involves building works at Bukit Panjang Neighbourhood 4 Contract 15.
Lian Beng piles on joint ventures to winning effect
Construction group has purchased stakes in five projects to raise its orderbook.
Singapore Airlines launches contest for Airbus A380 delivery flight
The winner gets to enjoy Toulouse, France tour and will be flown back to Singapore on SIA's 19th airbus.
CapitaLand launches CVH China Investment
CVH has a share capital of S$1 comprising one ordinary share.
SingTel launches fashiontv HD on mio TV
It's the frist to feature runway shows in 3D every day.
CapitaLand arm boosts share capital by 300%
Ascott Holdings N.V's S$1.53m capital is part of its ongoing business development.
Singapore Airlines Cargo unveils freighter service to Sao Paulo, Brazil
Boeing 747-400 freighter service operates via Hong Kong and Dallas Fort Worth.
Indofood Agri Resources reveals earnings from sugar division
The sugar division posted a profit of Rp12b in the second quarter through the sale of 11,000 tonnes of sugar.
Marina Bay Financial Centre hits over 70% commitment level
Thanks to its Tower 3's newest tenants.
ASL Marine taps into offshore fabrication works
ASL Marine likewise will focus on securing more conversion and major repair and refurbishment jobs for FSOs, FPSOs, and oil rigs.
Swiber profit soars 103.9% to US$15.1m
Thanks to one-off gains such as disposals, fair value changes in financial derivatives and forex gains of about US$10m.
ECS profit down 24.2% to S$8.1m
ECS Holdings’ set of results was below analysts’ expectations.
KS Energy to slash losses
Analysts are forecasting a single-digit net loss of S$3.5 million compared to FY11’s S$78.8 million.
Midas profit crashes 97.5%
Results were significantly below expectations, says OCBC Investment Research.
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