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Five bidders vie for Buangkok Drive / Sengkang Central tender
Highest bid for residential site came in at $301 million from White Haven Properties Pte. Ltd.
Five bidders vie for Buangkok Drive / Sengkang Central tender
Highest bid for residential site came in at $301 million from White Haven Properties Pte. Ltd.
Global Logistic Properties subsidiary enters 20-year lease deal with Beijing Aviation Ground Service
The arrangement involves 60,000 sqm of facilities at Beijing Capital International Airport.
IGLS sites slapped with four new development requirements
Owners of Business 1 and Business 2 parcels starting from the 1H12 programme will need to start following these core guidelines.
Capital Development wins tender for Pasir Ris Drive 3 site
The company’s bid for the 22,317.4 sqm residential site was almost $211 million.
Olam begins share buyback programme
Under its share buyback mandate, Olam may purchase up to 10% of its total number of issued shares.
Mapletree Industrial Trust vulnerable to widespread defaults and arrears
Most of its 2,000-strong tenant base belong to the SME segment, which will be hard hit in the increasingly prolonged downturn.
BBR Group scores S$102.7m Singapore University building contract
Mainboard-listed builder will construct housing and sports facilities for the Singapore University of Technology and Design.
Plunge in private construction projects to hit KSH Holdings
A 16% to 34% dip in total construction demand looms according to the BCA with the bulk coming from KSH's priority segment.
Will the market snatch up OSIM's uSoffa Runway and uDivine App?
OSIM seems to have learned the lessons of the last financial crisis and is forecasted to generate S$80.8-89.5m of FCF over FY12-13F.
Olam acquires Nigeria's Kayass Enterprises
The acquisition is worth approximately US$66.5 million.
SingTel shares rise after cutting data caps
Reuters says Singapore Telecommunications outperformed the market, rising to a more than two-week high.
Manulife Singapore launches universal life plan for the ultra-rich
Manulife prepares to capture Singapore's growing market of rich Singaporeans as they are expected to double from 64,000 to 129,000 by 2015.
Sino-Singapore Guangzhou Knowledge City to become safer
AGT International will implement a safe city project to turn it into a model of economic and environmental progress in Guangdong.
Ezion Holdings awarded an US$86.3M contract
The Service Rig is expected to be refurbished, upgraded, and working by the 4th quarter of 2012.
Former Civil Defence Force commissioner charged with 10 counts of corruption
Peter Benedict Lim Sin Pang allegedly obtained sexual gratification from three women in exchange for favoring their companies in awarding contracts, says a Bloomberg report.
Malaysian gaming firm to list lottery unit in Singapore
Berjaya Sports Toto Bhd will likely raise over $384 with the listing of its Sports Toto Malaysia unit on the Singapore stock exchange, says a Reuters report.
High speed MEMS manufacturing project advances to Phase II
The government's Micro-Electro-Mechanical-Systems (MEMS) consortium, which will accelerate mobile technology creation, moves a step closer to completion.
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