News
Ascott Reit bestows 773,988 property units as manager fees
The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as management fees.
Ascott Reit bestows 773,988 property units as manager fees
The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as management fees.
COSCO seizes two contracts worth US$70 mln
The marine engineering company has claimed the rights to build two bulk carriers of 92,500 dwt each due on November 2011 and January 2012, respectively.
Sembcorp Marine profit up 28% to $176mln
Said increase was for the second quarter but Group's turnover down 27% while operating profit was 21% higher and pre-tax profit rose 26%.
Trading in Singapore Exchange grows in July
Securities daily average trading in July up 16% while that of futures and options increased 8%.
Singapore's prime rents up 3% in the second quarter
Despite demand growth, Asia's increased level of office space enquiries didn't immediately translate into leasing deals.
Singapore Airlines strikes deal with Changi Airport and STB
Tie-up to make Singapore a premiere holiday destination by enabling tourists to visit new attractions.
ST Engineering profit up 34% to $124mln
Said figure was for the second quarter of the year while $2.2bln of company's $11.3bln order book is expected to be delivered in the second half of 2010.
Cosco profit jumps 85% to S$68mln
The Group, however, is working to improve productivity after retrenching 1,500 employees and as it took more time to build new vessels compared to competitors.
Lian Beng bags $120mln deal to build The Scala
The deal has boosted Lian Beng Group's order book to $965 million.
ST Electronics wins $28mln deal for Singapore Downtown Line
Project to support installation of DTL Mass Rapid Transit to be completed in 2016.
SGX net profit at $320.1 million for financial year ended 30 June
Revenue for the full financial year ended 30 June 2010 grew 8% to $639.7 million on increased equity trading and a revival in primary market activities.
Thai Airways plans to strike deal with Tiger
Carriers still want to gain most out of low-cost airlines despite the overcrowded market in Asia.
Singapore Airlines plans to go paperless
Reduces amount of paper on board that increases fuel consumption and weight by introducing inflight e-magazines.
SingTel Group Treasury launches S$10 billion debt programme
A subsidiary of Singapore's largest telecommunications company by market value is introducing a Guaranteed Euro Medium Term Note Programme.
DBS' net interest margins fall to 1.84% in the second quarter
The bank said more than half of the margin decline was due to a shift in the securities portfolio towards higher-quality issues with lower yields.
Kreuz Holdings lists on SGX
Singapore Exchange announced the listing of Kreuz Holdings Limited on the Catalist board, under the ticker symbol "Kreuz".
Keppel forms joint venture company with Seafox
Offshore arm Keppel FELS commercialised its wind turbine installation vessel design to be the basis for Seafox Group’s wind turbine installation vessel.
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