Singapore
First Sponsor to buy shares in Guangdong land owner for $148.9m
First Sponsor to buy shares in Guangdong land owner for $148.9m
Concord Focus Development owns three land parcels with a total site area of 36,405sqm.
Hyflux burdened by $916m impairment loss from Tuaspring and other assets
It intends to commission a valuation of its assets to finalise its full-year 2018 results.
Ayondo requests extension of FY2018 results release date
The firm’s new deadline would be on April 1 instead of March 1.
One-third of firms invested over US$1m in digital transformation: study
30% said their total spend on such products and servicers would grow by more than 10% in the next three years.
SBR International Business Awards 2019 is open for nominations
The search is on for the best international businesses in Singapore.
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Markets Briefing: STI up 0.24%
The thawing US-China trade tensions may boost local sentiment.
Are retail rents bottoming out?
Rents fell 1% in 2018, marking a slowdown from the 4.7% and 8.3% declines for 2017 and 2016.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
Keppel unit acquires 269,707 shares in Keppel Infrastructure Trust
Each share was priced at $0.47.
DBS rolls out ready-made portfolio with an initial investment of $1,000
It will be available to the banks’ wealth clients.
Jardine Matheson profits crashed 56% to US$1.73b in 2018
It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.
Citi enables credit card spend on recurring, big-ticket items
Users can use PayAll for rent and education and earn rewards.
First Resources' profits dipped 12.9% to $162.3m in 2018
Growth in production volumes outweighed overall sales volumes during the year.
Malaysian theme park developer Sim Leisure Group debuts on Catalist at $0.17 apiece
The firm has a market capitalisation of about $30m.
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