News

CapitaMalls' RM1.0 bln fund proposal is not yet final

CapitaMalls' RM1.0 bln fund proposal is not yet final

CMA clarifies the details of the billion ringgit proposal in response to a story published by The Business Times on 17 July.

Singapore property market segments rebound in 2Q 2010

Estimated 19.3% economic growth made buyers upbeat on property but caution on European debt crisis remains.

Temasek's first offering of sterling-denominated bonds oversubscribed

Buyers bid for double the securities on offer despite sterling bond sales halved to 53bln pounds.

SingTel increases finance unit's share capital to S$50mln

SingTel Treasury had only S$2 share capital before parent company injected $50mln.

Neptune Orient Lines container carriage up 29%

NOL's average revenue per container in June jumped 32% from a year ago to $2,892.

Templeton reduces Parkway stake to 4.97%

US fund manager sold 357,000 shares as Khazanah and Fortis fight for control of Parkway.

SMRT rail ridership up 12.3% in June

Increased connectivity of public transport and high costs of car ownership boosted ridership growth.

URA announces two residential areas up for grabs

The two residential sites at Jalan Eunos and Buangkok Drive/Sengkang Central will together make available a total of 1,020 housing units.

DBS to issue European Style warrants on CapitaMalls shares

The 30,000,000 proposed warrants, priced at S$0.202 each, should entice possible investors.

iPad to land on Singapore on Friday

Singaporeans can get the innovative gadget whose prices range from S$728 to S$1228 from authorised dealers.

Tiger Airways to double flights to Jakarta

Scarce rights reallocated from other airlines to Tiger to drive competition further with low fares.

Singapore seals open skies agreements with 4 countries

OSAs with Barbados, Brazil, Jamaica and Rwanda allow carriers full flexibility to introduce services when opportunities.

Smartflex Holdings Limited lists on SGX

Entry as Catalist's 134th member with S$18mln market capitalisation aimed to catch up with new technologies.

Frasers Centrepoint acquires Starhub Centre for $380mln

Addition of 333,000sq.ft building in the heart of Orchard Road will extend FCL's land to 2.2mlnsq.ft.

Leader Environmental Technologies Limited lists on SGX

The company with $92.74mln market capitalisation wants to raise its profile in China's environmental protection industry.

ST Engineering's electronics arm increases Telematics Wireless stake

STEE-InfoComm now owns 96.66% stake in Telematics by adding 2.73% more.

Marina at Keppel Bay bags ‘5 Gold Anchors' rating

The up-scale area for boats and yachts on Keppel Island was recognised for its excellence in services and facilities.