Singapore

Mapletree Industrial IPO raises S$853mln

Mapletree Industrial IPO raises S$853mln

Company is selling 917.5mln shares at 93 Singapore cents each for debts repayment and property purchases.

KSH unit to buy 26,625 sq. ft. property at S$28mln

Site has plot ratio of 2.8 and will have gross floor area of 74,549 sq. ft.

Lian Beng first quarter profit up 107% to $10.9mln

Expanded ready-mixed concrete unit drove growth as group expects demand for construction services to remain stable.

K-REIT Asia to acquire one-third interest in Marina Bay Financial Centre

In turn, signed agreement with Keppel Land for S$573mln purchase of Keppel Towers and GE Tower.

Tiger Airways reports 43% increase in passengers

5.6mln passengers chose to fly with carrier from October 2009 to September 2010.

Pan Pacific Hotels & Resorts launch guest loyalty program

The hotelier will offer its reward program across Global Hotel Alliance’s 12 brands and 300 hotels.

Sembcorp Marine Bags Ship Repair Contract From Carnival Corporation

The company will repair, refurbish and upgrade some of the cruise vessels of the world’s largest cruise operator.

Singapore to expand the most in 2010

Although the economy is set to slow following “stunning” growth in the first half of the year, momentum is still robust says HSBC.

Electronics PMI down to 48.5

Both new order and new export orders were down in September.

Keppel delivers FPSO P-57 to SBM for Petrobras

255,272-dwt tanker’s upgrading into P-57 was completed at Keppel Shipyard earlier, with shipyard receiving S$1mln bonus.

Changi Airports International starts consultancy for Brunei Airport upgrading

Changi Airports International (CAI), the international arm of Changi Airport Group, has commenced its consultancy work with the Brunei Economic Development Board (BEDB) for the upgrading and development of Brunei International Airport.

MCC Land sets The Canopy EC launching this weekend

Eco- friendly project is built in a comprehensive range of amenities and schools in Yishun.

Boustead subsidiary to construct water treatment plant

Boustead Salcon Water Solutions has received contracts from all three major power generation corporations in Singapore.

Residential site at Petir Road receives nine bids

Number of bids indicates developers’ optimism on site’s location, which is near Pending LRT station.

Travel publications inducts SilkAir into hall of fame

Regional arm of Singapore Airlines joins its parent company in TTG Publishing’s distinguished few.

China Cargo Airlines joins Changi Airport's cargo network

Third all-cargo carrier to commence operations to Changi this year with 12 weekly flights.

Singapore Exchange lists Yamada Green Resources

Yamada’s shares to begin trading on Friday at 9.00 am with 5.3 times subscribed total issue.