News

Scorpio East Holdings directors reprimanded by SGX

Scorpio East Holdings directors reprimanded by SGX

The company has breached Catalist Rule 703 by failing to disclose information about the terminated contracts of about S$12 million.

AsiaPac IPOs raise a disappointing US$609m in 3Q11

This is an 18% decline from 2Q11’s US$3.3b.

Prime rents in Orchard Road rise 2% to S$35 psf in 3Q11

However, the threat of an economic slowdown may be putting a lid on rental growth in the coming months.

Robust property sales boost Keppel Corp’s revenue to S$2.7b

Keppel Land’s 3Q11 net profit rose 65% y-o-y at S$61m due to higher sales of The Lakefront Residences.

Lonza debuts on SGX

The pharmaceutical supplier is the first SIX Swiss-listed company to dual list in Singapore.

Fearless Tiger replies to SGX’s queries

Tiger Airways denies it is aware of any possible explanation for the suspicious trading.

Fabrics manufacturer China Hongcheng Holdings clarifies auditor confusion

The inconsistency in the company’s auditor in its Annual Report 2011 and 2010 got SGX confused.

Young employees worldwide most likely to consider leaving their job

Companies have got to start thinking of ways to retain their talent.

Swiber to raise US$100m through bonds due 2014

These bonds are convertible to 5% share of common stock.

Grade A office occupancy in its lowest level in six quarters

Average CBD occupancy slumped to 92.6% in Q3 2011 from 93.5% in the previous quarter.

Singapore is 7th most expensive office location worldwide

As Grade A office rents surged 18.4% to US$87 psf/year in the first half of 2011.

SGX questions Tiger Airways’ suspicious trading activity

Tiger’s volume of shares substantially increased, and SGX is left doubtful.

Singapore ranked 6th most expensive warehouse location globally

Rents of prime warehouse surged 18.2% to US$18.57 per sq ft per annum.

Singapore beats Hong Kong in warehouse rental growth

Hong Kong's 10.81% rental hike was surpassed by Singapore's 12.4%.

Not so happy new year: Margins seen to shrink for O&M firms in FY 12-13

EBIT margins for Sembcorp Marine and Keppel Corp are seen to drop from 21% in FY11 to 15% next year.

SGX queries Cambridge Industrial Trust on land allocation of two BTS facilities

CIT has been assigned the land at Tuas View Circuit to develop a Built-to-Suit facility for Peter’s Polyethylene Industries.