Djan Magbanua
SingPost clarifies Famous Holdings sale not yet certain
SingPost clarifies Famous Holdings sale not yet certain
This comes after Maybank said that a potential sale could raise at least $80m.
Investor group SIAS calls for independent inquiry in SingPost exec dismissals
The group said this points to an ‘extremely serious’ breach of rules.
SingPost answers SIAS after firing 3 execs over whistleblower mishandling
The whistleblowing matter was considered an ‘isolated’ issue.
Suburban retail to outperform central malls in 2025
Tourist downtrading trend and high SGD rates are slowing central malls growth.
Employer group calls for more tax breaks, workforce upskilling schemes for Budget 2025
70% of employers support initiatives on reskilling and upskilling.
CapitaLand Ascendas REIT subsidiary secures US$280m revolving credit facility
The news follows its acquisition of a US logistic property asset from DHL USA.
Mapletree announces plans to develop logistics facility in the US
The group acquired a 22.5-acre site in New Jersey.
November’s record private home sales ‘temporary’
Developer sales in December are expected to fall significantly.
Auditor flag going concern for Singapore Institute of Advanced Medicine
The company reported a loss after tax of $37.4m for the year.
Keong Hong dumps 20% shares in JV with MCSK Pte. Ltd
The group selling it for $34.5m.
AIMS APAC REIT sells 3 Toh Tuck Link for $24.38m
The property has a valuation of $18.4m as of 31 March 2024.
DBS renews lease with Keppel Reit
The lease will last for six years.
ValueMax Group buys Ban Fook Pawnshop for $1.75m
Ban Fook has a net asset of $1.84m in 2023.
MAS to launch electronic deferred payment solutions in mid-2025
It will help support the transition to e-payments.
Singapore dollar amongst top 10 currencies processed during Black Friday
The Black Friday-Cyber Monday period saw a total of 465 million transactions.
Dasin Retail Trust seeks 6-month court stay
A report was filed regarding suspicious buy-back arrangements at pre-agreed prices.
Gov’t invites public to share their views for Budget 2025
The budget will be presented in February 2025.
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