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Keppel Land’s nine months profit drops to $191.8 mn
Keppel Land’s nine months profit drops to $191.8 mn
Yet the company’s fund management income grew 70% to contribute a profit of $39.7mn amidst reduced contribution from property trading.
Wearnes Development and Samsung China Investment forges alliance
Samsung to provide full range of electronic systems, products and after-sales service for Wearnes’ property development projects in China.
ST Engineering’s Aerospace unit inks $453mn third quarter maintenance deals
Contracts to be accomplished at the company’s facilities and affiliates in the Americas, Asia Pacific and Europe.
Ascott to launch Somerset serviced residence in Oman
Somerset Panorama Muscat is scheduled to open in 2014.
BCA and UNEP set up a sustainable buildings hub in Southeast Asia
Centre for Sustainable Buildings to assist development of tools, approaches and support to countries in the region.
ES Group bags deal to construct two jack-up drilling rig blocks
The group sealed a larger repeat order from a major Singapore shipyard.
Temasek raises S$650mn via Zero Coupon Guaranteed Exchangeable Bonds
Proceeds of the bonds due 2014 will be used by Temasek and its investment holding companies to fund their business.
CSC secures $60mn deals
Contracts for residential, infrastructure, residential and institutional projects boosted the Group’s order book to $240mn.
Worldwide enterprise IT spending to reach an amazing $2.7t in 2012
This year alone, 350 companies will each be investing more than $1 billion in IT.
CBRE relaunches tender for Newton Lodge
The 16-unit freehold apartment at 41 Newton Road is up for collective sale.
URA launches tender for Gambas Avenue / Gambas Crescent site
The 21,426.8 sqm industrial site is for sale for at least $57m.
Unilever returns to Golden Agri-Resources subsidiary
PT SMART Tbk said Unilever has resumed palm oil purchases with them.
Singapore Exchange first quarter profit up 18% to $88mn
Despite growth and reforms, the exchange remains cautious with uncertain global financial markets.
Keppel Land sells 87.5% interest in Ocean Properties
The developer believes the move will enhance its financial position to seize opportunities in a volatile market.
M1 nine months profit up 5.7% to S$126.4mn
The company has 41,000 additional customers in the third quarter, bringing its total customer base to 2mn by September.
Singapore Airlines September number of passengers up 4.8% to 1.4mn
Yet the airline’s passenger load factor fell 0.7 percentage point to 79.6% during the same month.
Koon to develop executive condominium at Pasir Ris
Participation in the joint venture company with a 15% stake seen to enhance the Group’s diversified business model.
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