More News

CapitaCommercial Trust DPU down 4.7% in 1Q 2011

DPU for the period was 1.84 S-cents down from 1.93 S-cents in the same period last year.

Keppel Telco's net profit surged 13.7% in 1Q 2011

Net profit came in at $15.4 million up from $13.5 million in the same period last year.

SGX net profit fell 10% in 3Q 2011

Net profit fell to $67 million but excluding the ASX-SGX transaction cost of $12.0 million, net profit came in at $77.3 million, up 4 per cent, said OCBC Investment Research. 

Turkish Airlines launches daily flights from Singapore to Jakarta

The new Singapore - Jakarta - Singapore route will offer busy executives and leisure travellers convenience and flexibility.

Hedges Park sold 130 units at preview launching

The apartments consisting of one to four bedroom units, from 484 to 1798 sq ft, sold at an average price of $850psf.

Jones Lang LaSalle launches iPhone application for real estate information

The application is also compatible with iPad, said Jones Lang LaSalle.

Keppel, Seafox secure first job in offshore wind market

A contract from the joint-venture Aarsleff Bilfinger Berger Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAFOX 5.

CapitaLand clinched contract from China Overseas Property

Ascott, CapitaLand's wholly-owned serviced residence business unit will manage the first international brand of serviced residence in Macau SAR.

Mapletree launches $893mn IPO

712,894,000 Units are offered with 302,197,000 Cornerstone Investor tranche, according to Mapletree.

ST Engineering Aerospace arm secured about $320mn worth of contracts in 1Q 2011

These contracts for the Aircraft Maintenance & Modification, Component Total Support and Engine Total Support businesses will be carried out at its facilities in the Americas, Asia Pacific and Europe.

Singapore Airlines passenger load factors fell to 73.2% in March 2011

March load factors were weaker, with both passenger and cargo numbers coming off.

OUE to buy LCH Hotels for $224.5mn

OUE will advance LC Airport Hotel a sum equal to the Loan Settlement SUm of $68.5 million to discharge the Shareholders Loans and LC Airport Hotel's bank borrowings.

SGX launches SGX Co-Location Service

Co-Location customers will experience connectivity speeds of at least 250 times faser than conventional access methods in Singapore.

M1 net profit jumped 8.3% in 1Q 2011

Net profit also increased quarter-on-quarter to $42.6 million, according to OCBC Investment Research's report.

OSIM buys 35% stake in TWG Tea

This will be for a consideration of $31.36 million, said OSIM International.

Singapore Airlines to raise fuel fee

Singapore Airlines Ltd. will raise fuel surcharges for its flights after jet fuel prices increased more than 30 percent since the beginning of the year.