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Bangladesh-owned power firm injects $17.07m in Sembcorp North-West Power Company

This is funding the ongoing construction of the Sirajganj Unit 4 power plant.

ST Electronics merged STELCOMMS and infocomm unit

STELCOMMS’ staff and assets were moved to STEE-InfoComm.

Co-working firm Impact Hub Singapore rebranded as Found.

It will open its third space on Amoy Street in the CBD this year.

15-unit Margate Point apartment up for en bloc sale at $38m

The site can yield 35 units with 70 sqm average size each.

Parkway Life REIT Q1 net property income up 3.3% to $25.96m

Contributions from Konosu Nursing Home Kyoseien boosted revenue to $27.82m.

Marvelstone opens Smart City Innovation Lab in Singapore CBD

The facility will focus on fintech, blockchain, and AI for 20,000 startups and institutions.

SPH REIT buys The Rail Mall for $63.24m

It will use the property to improve its food and beverage offerings.

Fraser and Neave buys 4.42% stake in Tsit Wing for $9.95m

They will also explore business opportunities for beverages.

Oxley buys 10.07% stake in Aspen Group for $23.28m

The two may enter into a joint venture for Malaysian development projects.

UIC profits up 1% to $60.24m in Q1

It was saved by higher revenue from its information technology operations.

Manulife US REIT Q1 NPI up 54% to US$19.65m

It cited higher income contribution from the Plaza and Exchange.

Tuas Bay Close industrial site sold for $29.85m

Soilbuild Group Holdings won against one other bidder.

Citic Envirotech Q1 profits soared 140.5% to $39.33m

It said it will benefit from China’s strict policies on pollution.

14 Singaporean companies sign deals with Zhejiang-based firms

Some of the companies were CapitaLand, Mapletree, and Surbana Jurong.

ST Aerospace wins maintenance contract for Vietnam Airlines

The two companies will also set up a joint venture for MRO solutions.

Citi links credit card to Apple Pay's system

The service was simultaneously launched in Australia and Hong Kong and will be rolled out to Taiwan later this year.