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Bumitama Agri's profits slipped 8% to $105,712.65 in 2018
It blamed weakening agriculture commodity prices and foreign exchange losses.
Co-living company Hmlet expands to Australia
One of the first purpose-built co-living properties in Australia will accommodate 20 members.
Two freehold shophouses along Kampong Bahru Road for sale at $13m and $13.65m
The properties occupy a land area of 2,343 sqft with an estimated GFA of 5,947 sqft.
Impossible Foods to debut in Singapore
Their products will be offered in eight restaurants including Adrift, Bread Street Kitchen and CUT.
HSBC Singapore revamps branch network
This will include the revamp of its flagship Claymore branch.
Little India commercial site launched for sale
The 25,865 sqft site was valued at $70.6m in 2018. A tender for a commercial site in Little India where a conserved two-storey bungalow, known as the former House of Tan Teng Niah, stands was launched for sale, according to an announcement by marketing agent JLL. Under the 2014 Master Plan, the leasehold 25,865 sqft site is predominantly zoned Commercial, with a section of the site to be retained as open space. Built in 1900, the former House of Tan Teng Niah is believed to be the last remaining Chinese villa in Little India, JLL said. Aside from the House of Tan Teng Niah, there are three other buildings located within the subject site. They include a pair of adjoining two-storey heritage shophouses at 41/43 Kerbau Road, a single-storey shop fronting Buffalo Road and a single-level retail building comprising 14 shops at 672 Chander Road with an open courtyard and two sheltered eating areas. The lettable space across all four buildings is almost fully leased. “As the shop lots and buildings are not strata-titled, the entire portfolio is to be sold in its entirety. We understand that the asset was valued at $70.6m late last year,” Karamjit Singh, senior consultant at JLL, said in a statement. The heritage site was reportedly built in 1900 and is one of the landmarks listed in the National Heritage Board’s Little India Heritage Trail. “To our knowledge, this could well be one of the largest plots of privately-held commercial land located in the vicinity of the Little India MRT station,” Singh added. Interested purchasers are invited to submit their offers before 2 April 2019 at 2:30 p.m.
Golden Agri Resources lost US$1.77m in 2018
It blamed softer CPO prices and the losses from its joint venture.
MSIG Insurance pioneers video interaction pilot programme for motor claims
The new tool allows survey agents launch a video call on their web browser through a simple link.
St. Thomas Ville freehold en bloc site to be tendered at $58m
The 11,407 sqft site has an allowable height of up to 36 storeys.
United Engineers' profits crashed 36% to $53m in FY2018
The revenue of its property development division declined 81% due to the absence of contributions from two projects.
Raffles Medical's profit up 0.4% to $71m in FY2018
The revenue of its Healthcare Services division grew 6% and boosted growth.
Cloud provider OVH expands to Singapore and Sydney with two new data centres
These increases the number of their locations from six to eight.
Video production platform 90 Seconds bagged $27.1m in Series B funding round
It will be used to enhance and expand its creator network across major regions.
Frasers Property arm to buy Thai real estate firm for $850m
It will generate revenue in excess of $860m (THB20b).
Starhub unveils 50GB data bundle for $20 monthly
Surfing speed will be at 1MBps after the data is used up.
ST Engineering buys back 2 million shares for over $7m
The price per share ranged from $3.66 to $3.7.