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Cosco bags US$190m worth of contracts for bulk carriers
Cosco Guagndong and Cosco Zhoushan inked contracts for a total of seven bulk carriers for two European companies.
Cosco bags US$190m worth of contracts for bulk carriers
Cosco Guagndong and Cosco Zhoushan inked contracts for a total of seven bulk carriers for two European companies.
Get set to bid on a new Northern Singapore road tender
The project involves linking Tampines Expressway and Yishun Avenue 6 by 2015.
UOB Kay Hian’s net profit plummets 34% to $93.2m in 2011
With the rising uncertainty of the global economic outlook, retail investors exited the markets and stayed on the sidelines last year.
SC Global’s revenue plunges 56% to $88.7m in 4Q11
As the group’s development projects performed poorly during the fourth quarter of 2011.
UOL’s profit jumps 32% to $728m in 2011
As revenue for the group’s hotel operations surged on the back of strong tourist arrivals last year.
Taxi restrictions relaxed in Central Business District
Beginning March 1 taxis can pick-up and drop-off passengers anywhere along bus lanes as early as 8pm.
Wilmar’s net profit surges 21% to US$1.60b in 2011
Sales volume from its Oilseeds & Grains segment grew the most, by 30% last year.
SIA Cargo cuts freighter capacity by 20%
The air cargo market has been suffering for the past year and SIA isn’t expecting any improvement for the first half of 2012.
Chip Eng Seng’s net profit plunges 29% to $123.7m in 2011
As its completed projects in property development didn’t do so well last year.
GMG Global’s net profit surges 66% to S$74.6m in 2011
As the group’s newly acquired Teck Bee Hang contributed larger processing tonnage for the year.
Wheelock Properties’ revenue plummets 56% to $56m in 4Q11
As Scotts Square generated lower than expected revenue last year.
Raffles Medical Group’s net profit jumps 11% to S$50.6m in 2011
Revenue of its Hospital Services grew the most, by 15% last year.
Parc Rosewood more than 74% sold in three weeks
Over 510 out of its 689 units are already snapped up since it help review on January 28.
Fraser Commercial Trust acquires Aussie Grade 'A' office building
FCOT will acquire the remaining 50% interest in Caroline Chisholm Centre (CTL)for AUD83.0m or S$106m.
Singapore police investigates Yongnam’s infringement of Securities and Futures Act
The Commercial Affairs Department believes the group’s CEO has committed an offence under section 218 of the Securities and Futures Act.
ST Engineering bags US$46m defence export contract
The group’s land systems arm, ST Kinetics, will be supplying mortar systems to an overseas customer.
Tender alert for Rangoon Road / Farrer Park Station Road hotel site
Is the land parcel worth the minimum bid of $56.5 million?
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