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Ascendas REIT acquires Nordic for S$122m
The latest acquisition in International Business Park will add 0.02S¢ to the company’s distribution per unit.
Ascendas REIT acquires Nordic for S$122m
The latest acquisition in International Business Park will add 0.02S¢ to the company’s distribution per unit.
International experts keen on Singapore’s water industry R&D progress
The International Advisory Panel said investments made in the industry in the last five years to contribute S$590mn of annual value-added to the Singapore economy.
Senoko Energy takes delivery of gas turbine
This is part of Senoko’s repowering programme to launch environmentally-friendly gas-fired units.
SGX proposes circuit breakers in securities market
The move aims to fortify securities market by safeguarding market from potential disorderliness in times of high price volatility.
Tiger Airways re-connects Singapore and Bangalore
The airline will fly four times a week to India’s Silicon Valley starting October 31.
Trade Minister attending Kuala Lumpur dialogue on business and economy
Singapore's Minister for Trade and Industry, Lim Hng Kiang, will attend a private sector dialogue in Kuala Lumpur.
CapitaLand puts up subsidiary in China
As part of its ongoing business development, CapitaLand established StorHub Songjiang (Shanghai).
Frasers Property Australia teams up with Sekisui House to develop Sydney Central Park
The joint venture will develop the majority of the 5.8 hectare mixed-use Central Park development in central Sydney.
PUB and Hyflux breaks ground for Singapore’s largest desalination project
The world’s second largest ultrafiltration pre-treatment membrane facility, incorporating Hyflux’s proprietary Kristal® ultrafiltration membranes, is equipped in the plant.
Keppel T&T and Jilin Food Zone to put up logistics park
The Jilin Food Zone logistics park project paved way for Keppel T&T to expand its presence in North China.
Private equity raised worldwide rises to $66b in Q2 2011
Funds primarily focusing on the US have raised the most capital, with 54 funds raising a total of $40.7bn, says Preqin.
Crystal Tower up for collective sale for indicative price of S$155m
It is not certain whether or not the development charge is payable as confirmation has yet to come from the Urban Redevelopment Authority.
NRF to allocate additional $140m to promote R&D in the water sector
Total budget is now up to $470 million.
Grand Tower up for sale by tender
The redevelopment site can accommodate 74 apartments averaging 800 sq ft each and has an indicative price of almost S$89 million.
SCB Terraform gets Tuas View Square site
The company outbid others with its more than $7 million offer for the 4,352.5 m² industrial site.
Singapore and Vietnam reiterate vow for advancing bilateral economic cooperation
SPRING Singapore to lead healthcare SMEs to take advantage in discovering opportunities in Vietnam via a business mission.
SingPost acquires 20% stake in Shenzhen 4PX Express
The RMB 60 million or approximately S$12 million acquisition was made through its wholly-owned subsidiary, Quantium Solutions International.
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