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Vibrant Group’s net profit down 42% to $3.5m in Q2
Vibrant Group’s net profit down 42% to $3.5m in Q2
Due to lower contribution from freight and logistics.
Singland-UOL consortium bags Clementi residential site tender
It will pay $302.1m for the site.
Singapore eDevelopment shareholders junk proposed rights and warrants issue
Over 96% of unitholders opposed the proposal.
XMH’s net profit surged 69.3% to $3.6m in H1
Thanks to strong results from Z-Power Automation.
CSE Global’s FY15 profit to dip by 5%: report
Customers’ budget cuts will trickle down to maintenance expenses.
Wilmar upgrades Olenex partnership to full-function JV
It aims to gain more traction in Europe.
Keong Hong to acquire office property in Japan for $10.6m
It’s located in Osaka.
Boustead up against stiff competition in proposed acquisition of Indonesian oilfield
PT Enso’s offer is superior to Boustead’s.
Del Monte's net profit soars to US$53.3m in Q3
Due to a one-off adjustment.
HLH Group acquires land in Cambodia for $2.8m
It has a 30% stake in two plots of land.
Singtel, GrabTaxi team up to promote mobile wallet services
Customers can ditch both credit cards and cash.
CityDev re-enters Australian residential business with $281m project in Brisbane
It’s strengthening its overseas reach.
DHL launches Asia Pacific Innovation Center in Singapore
It’s their first innovation center outside of Germany.
Sembcorp’s India power plant set to break even this year
It should contribute to company bottomline from 2016 onwards.
Sapphire Corporation bags $200m railway infrastructure contract in China
This is its first foray into rail infra development.
GuocoLeisure puts west London hotel up for sale
It has appointed JLL to assist with the sale.
Sembcorp completes US$200m expansion to UAE power plant
It’s the largest of its kind in the Middle East.
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