News

K-REIT Asia names Tan Chin Hwee Director

K-REIT Asia names Tan Chin Hwee Director

Multi-awarded fund manager was a Keppel scholar who currently works as Apollo's portfolio manager.

ST Electronics secures US$21.5mln deal in smart meter market

Company's subsidiary to supply AMR radio transmitters to Arad for producing sophisticated meters monitoring utilities consumption.

SingTel and VCE to offer enterprise cloud-based virtual data centre

SingTel enables consumers to tap advanced ways of designing, building, managing and consuming information technology.

ComfortDelGro offer declared unconditional

All conditions in the Bidders Statement have been fulfilled and the compulsory acquisition process for Swan Taxis will begin.

Ascendas-IE Singapore consortium to expand opportunities in Vietnam

Enables Ascendas to introduce potential suppliers to clients while allowing SMEs to tap Ascendas’ Vietnam network.

Leading executives to attend SGX-hosted motorsports summit

SGX teams up with leading motorsports marketing agency JMI to introduce contribution of sport to economy.

Ascott to offer ‘Best Rate Guarantee' in industry

Initiative can propose guests the best rate by reserving through any of Ascott’s three brand websites.

Government and firms upgrade digital advertising industry

Newly-formed digital advertising alliance to provide key boost to overall strategy by investing S$30mln.

80% of NV Residences' launched 200 units grabbed

Units with average price of $830 per square foot snapped up in a private preview.

SingTel offer for C&W unlikely to happen

Telecommuncations company's statement on focusing its acquisitions in Asia-Pacific prompted analysts to rule out takeover reports.

Neptune Orient back to profit at $100mln

Sustained strong container shipping volumes and improving freight rates helped drive second quarter growth.

Tender for Jalan Eunos residential site closes

Five bids, highest of which is $257.78mln, indication of site's desirability to developers.

SGX strikes deal with NTU for sophisticated financial education

Partnership launches NTU-SGX Centre for Financial Education as key training centre for capital market professionals.

Keppel Land unlocking value from Barclays House

Tower 2 of commercial complex in Jakarta’s CBD to undergo S$95mln redevelopment into office tower.

J Y Pillay to quit SGX chairmanship

Board member Chew Choon Seng to be appointed as Chairman from 1 January next year.

Ascendas China Commercial Fund acquires Cross Tower

Grade A commercial property in downtown Shanghai with 42,000 sq. metres lettable area to be rebranded. Ascendas, Asia’s leading business space solutions provider, is pleased to announce on Monday the acquisition of Cross Tower, by the Ascendas China Commercial Fund (ACCF). Following the acquisition, Cross Tower will soon be rebranded.

Starhub profit projected to increase by 5.1%

Starhub’s net profit is projected to increase to S$216.5m in FY2010E following the announcement of plans for NGNBN, said Phillip Securities Research.