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Olam and RUSMOLCO to develop large scale dairy farms in Russia
A whopping US$400 million will be invested in the project in the next four to five years.
Olam and RUSMOLCO to develop large scale dairy farms in Russia
A whopping US$400 million will be invested in the project in the next four to five years.
Starhill Global REIT’s revenue surges 9% to S$180m in FY11
As its Singapore portfolio contributed more than half of its total revenue in 4Q11.
Tiger Airways’ revenue down 1.2% to $168m
Even though Tiger Airways Singapore recorded a 50% leap in revenue, it was offset by the losses incurred by Tiger Airways Australia.
Ascendas India Trust bruised by currency swing
Topline growth shrunk to 2% yoy as the Singapore dollar strengthened vs. the Indian rupee.
Parkway Life REIT’s revenue jumps 6% to S$23m in 4Q11
Revenue growth was driven by higher rent from the Singapore Hospital Properties.
Charges dropped against Mewah’s subsidiary and its Chairman
The court ruled that there is insufficient evidence to prove that Mewah Oil Sdn Bhd is capable of forging documents on a CPO purchase.
ST Engineering’s aerospace arm clinches a whopping $350m worth of contracts in 4Q11
These contracts will be carried out at its network of facilities and affiliates in the Americas, Asia Pacific and Europe.
MasterCard expands regional headquarter activities in Singapore
The Singapore headquarters will act as a command and control center for intellectual property management, brand management, and to spearhead and manage regional growth.
Ascott Reit sells Somerset Gordon Heights Melbourne
The approximately S$15.6 million divestment is expected to be completed in the second quarter of 2012.
Mapletree’s revenue surges 25% to S$66m in 3Q11
As renewal rental rates of its warehouses were higher than those achieved in 3Q10.
Hwa Hong Corporation issues profit warning for 4Q11 financial results
As trading of its investment securities did poorly in the last quarter of 2011.
Ezion bags $94m charter contract in North America
It will be providing a service rig to a national oil major in the region.
STX OSV sale by April?
Talk is growing that the debt-heavy shipbuilder will be snatched up soon, notes AmFraser.
SGX adds Polaris Futures as trading member
It will participate in the derivatives market and will focus on Taiwan trades.
Broadway Industrial buckled under disaster
Thai floods wreaked havoc to its profitability leading to a worse-than-expected 4Q11 net loss.
iOS platform losing dominance in AsiaPac
Developers in the region are now placing an equal focus on competitors like Android and Windows Phone.
Asia Pacific Breweries incorporates New Zealand subsidiary
Glenfield Hospitality Limited has set its sights on investing in a food and beverages outlet.
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