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Marina Bay Sands CEO resigns

Thomas Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands has resigned and will leave on Feb. 18. Marina Bay Sands, built at a cost of $5.5 billion, opened its doors last April. It $242 million in earnings before interest, tax, depreciation and amortisation for the quarter ended Sept 30, Las Vegas Sands said on Oct 27. The U.S. casino group will report fourth-quarter results on Feb 3. You can read the full story at Reuters.com.  

Marina Bay Sands CEO resigns

Thomas Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands has resigned and will leave on Feb. 18. Marina Bay Sands, built at a cost of $5.5 billion, opened its doors last April. It $242 million in earnings before interest, tax, depreciation and amortisation for the quarter ended Sept 30, Las Vegas Sands said on Oct 27. The U.S. casino group will report fourth-quarter results on Feb 3. You can read the full story at Reuters.com.  

SingPost third quarter profit flat at $43.8mn

The group gained from the increase in business and e-commerce logistics activities that boosted its mail and logistics revenues.

Tiger Airways third quarter profit up 85.3% to $30.2mn

The airline attributed profit growth on improvement in revenue and strict cost management across all business units.

eFinancialCareers unveils hottest financial services jobs

Increased staff turnover at the end of 2010 will give employers a wider choice of talent compared with the same period last year.

Ascendas India Trust profit down 12% to $17mn

The trust’s operating portfolio grows by 25% as its properties are home to a total working population of 57,000 people from 283 tenants.

International Flavors & Fragrances to invest in new Singapore facility

The over $100mln worth of investment extends over the next three years in Singapore and Greater Asia.

Fraser Commercial Trust profit down 2.4% to $22.9mn

Yet distributable income for first quarter up 7% to $7.9m as DPU grew by 4% to 0.25¢.

Keppel to build $416mn harsh environment jackups

Jackups designed to meet the exacting requirements of our most demanding customers particularly Discovery Offshore.

CapitaRetail China Trust profit up 5.8% to S$74.36mn

The company expects growth to continue behind China’s strong retail consumption and sustained economic growth.

Keppel T&T and Keppel Land join forces to boost data centre business

Keppel Telecommunications & Transportation Ltd (Keppel T&T) and Keppel Land Limited (Keppel Land) have formed a joint venture company to consolidate their data centre assets and position the business for further growth.

Fraser Centrepoint Trust revenue up 19% to $27.6mn

FCT puts in place $264 million loan facility to refinance debt expiring in July 2011.

Keppel Land profit up 273% to $1bn

Divestment of one‐third stake in MBFC Phase 1 and stronger earnings from better home sales in Singapore and China contributed to posting record profit.

North Bridge Commercial Center for sale by tender

The site has the potential to be remodeled into a boutique office or retail development, with the opportunity for individual unit sale.

Keppel establishes new logistics centre and water projects in Tianjin Eco-City

The TECIDC to offer "green" services that can help customers adopt sustainable supply chain practices and achieve better resource efficiency.

Keppel secured US$360mln worth of new orders

New orders to build a pair of premium KFELS B Class jackup rigs came from Clearwater Capital Partners.

5àSec to open new franchises in Singapore

5àSec focuses on Asia to open new master franchises, including Singapore, Malaysia, Thailand, Philippines, China and Vietnam.

CapitaMalls' $200mln bonds over subscribed 1.82 times

The 1-year and 3-year bonds attracted strong interest from retail investors, CapitaMalls Asia said.