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First REIT to buy Manado integrated hospital and hotel
First REIT to buy Manado integrated hospital and hotel
It will also acquire another hospital in Makassar in Indonesia’s southern province of Sulawesi.
Gambir Ridge already at 90% take-up
Most of the 77 units priced above S$1400 psf units quickly optioned.
More Tianjin-based firms could be heading to SGX
SGX has signed an MOU to support listings from the Chinese city.
CapitaLand subsidiary issues US$400m notes due 2022
This is under the S$5 billion Euro Medium Term Note Programme put up by CapitaLand Treasury.
Datapulse Technology profit down 34.9% to $7m
Loss from discontinued operation relating to Datapulse Technology (Taiwan) Inc operating in the media storage industry was at $2.1 million.
Olam issues US$500m fixed rate notes
This is under Olam’s US$2 billion Euro Medium Term Note Programme.
Grand Banks Yachts gets approval for shares listing
The shares are required to be placed out within seven market days.
Advanced Systems Automation to buy Auramas shares
The proposed acquisition offers an opportunity for the company and its subsidiaries to expand their customer base.
White site at Thomson/Irrawaddy Road up for tender
Its value must be at least $211.3m.
TA Corporation previews Gambir Ridge
The development is expected to obtain its temporary occupation permit by December 2015.
CapitaMalls Asia unveils Radiant II new subsidiary
Radiant II will focus on investment holding.
Prince Charles Crescent gets $516.3m for top bid
The tender for the residential was closed with 8 bidders.
Raffles Education mulls land buy for Raffles American School
The company intends to acquire the 45-acre land to construct and develop the Raffles American School in Johor Bahru, Malaysia.
Otto Marine sells Oranda 1
The 75-meter work maintenance vessel was sold to an unrelated party for US$38 million.
Genting Singapore sells Echo Entertainment stake
Genting Hong Kong meanwhile will continue to hold its investment in Echo Entertainment.
Cerebos receives approval for delisting
SGX-ST has advised that it has no objections to the proposed delisting, subject to shareholders’ approval.
Singapore Airlines launches SwiftBroadband-based connectivity services
Passengers can use Wi-Fi and GSM/GPRS while on board.
Commentary
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