News

Kismis View site sold for $102.75m

Kismis View site sold for $102.75m

Owners expect to receive gross proceeds of $1.6m and $3.3m.

Keppel in talks with Borr Drilling for rig sales

It confirmed a news report but said it hasn't set a price for the sale yet.

Eunos Mansion en bloc sale launched

Reserve price is at $218m, or $1,219 psf ppr.

Cache may acquire 10 logistics properties in Australia for $205m

Cache might need to raise between $50m to $70m of equity.

Chart of the Day: Electronic NODX 5.3% recovery still faces downtrend

It is seen to slow down due to a high base effect and the winding down of the smartphone super-cycle.

Singtel's non-traditional segments eat up 10% of revenue

DBS Equity Research placed it as a "digital leader" amongst Asian telcos.

ST Electronics bagged deals worth $742m in Q4

It secured $2.24b worth of new orders for the year.

SGX profits inch up 0.1% to $88.35m in Q2

There were 289 bond listings raising $103.5b.

SIATP advocates tax incentives in Budget 2018

Introducing tax incentives will help improve Singapore’s economic productivity.

Global Logistic Properties incorporates 22 subsidiaries in China and Hong Kong

20 of the companies will focus on investment in and development of industrial real estate.

Farnborough Business Park acquisition to strengthen FCT's income

Combined with a $79m fundraising, the accretion of FCT's DPU could reach 1-2% in 2018 to 2019.

Singapore unemployment rate in Q4 to hit 2%: Moody's

The manufacturing sector shed jobs despite the upturn in exports.

Industrial production growth likely fell to 3.4% in December

Moody's said a high base from a year earlier has inhibited gains.

Oxley's profit slumps 45% to $68.24m in Q2

Revenue from the handover of The Royal Wharf plots was recognised after construction.