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M1 net profit jumped 8.3% in 1Q 2011
Net profit also increased quarter-on-quarter to $42.6 million, according to OCBC Investment Research's report.
M1 net profit jumped 8.3% in 1Q 2011
Net profit also increased quarter-on-quarter to $42.6 million, according to OCBC Investment Research's report.
OSIM buys 35% stake in TWG Tea
This will be for a consideration of $31.36 million, said OSIM International.
Singapore Airlines to raise fuel fee
Singapore Airlines Ltd. will raise fuel surcharges for its flights after jet fuel prices increased more than 30 percent since the beginning of the year.
Shangri-La Hotel, Manzhouli opens today
It is Shangi-La Asia's third hotel in Inner Mongolia following its sister properties in Huhhot and Baotou.
MicroVision to open their first global research and development center in Singapore
The research facility will be located at Nanyang Technological University and will focus on developing innovative breakthrough products.
CapitaLand acquired 40% interest in Surbana
CL Pinnacle entered into a share purchase agreement with Temasek Holdings for the acquisition of 126,442,832 issued ordinary shares.
Tender for Tampines Central 7 received highest bid of $278.8mn
The bid came from Sim Lian Land followed by Qingdai Construction's bid of $243 million.
K-REIT Asia net property income grew 7.6% in 1Q 2011
It rose to $14.9 million as a result of contributions from the two Australian Assets, offset by the divestment of Keppel Towers & GE Tower.
Sembcorp Marine subsidiary and Ecospec Global Technology join forces
The collaboration of the two companies’ expertise to equip ship owners with innovative and effective green solutions for complying with stringent international and local regulations.
SGX reprimands Medi-Flex Limited for breach of listing rules
The exchange also chides former directors Tu Ah Kim and Hew Yew Fook for authorizing disbursements of company’s funds to entities and accounts for the benefit of Mr. Tu.
Small businesses included in deposit, policy insurance schemes
The Deposit Insurance Scheme and Policy Owners' Protection Scheme have been enhanced to extend protection to small businesses.
MPA to promote environmentally-friendly shipping
The Maritime and Port Authority of Singapore has launched a Maritime Singapore Green Initiative to promote environmentally-friendly shipping.
Final 91 apartments in Metro Residences to go on sale
To date, 462 apartments have been sold in the earlier stages, according to CBRE.
Chong Kim Apartment up for sale
The freehold development at Bassein Road will be launched for collective sale today, said Kim Eng.
MPA and PSA inaugurates Port Technology Research and Development Programme
Both parties will join forces to conduct research and test bed new technologies for future container terminals.
SPH second quarter profit down 33.5% to $75mn
The group expects better performance in the rest of 2011 as positive outlook on Singapore’s economy and rental income from 2 fully leased property assets.
Clarity chosen to implement Singapore’s Intelligent Energy System
Clarity has been accepted by Accenture to implement Phase 1 of the Intelligent Energy System pilot project spearheaded by Singapore’s Energy Market Authority.
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