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Sakari’s net profit more than doubles to $190m in 2011
Sakari’s net profit more than doubles to $190m in 2011
The group’s profit was driven by higher coal prices last year compared to 2010.
Singapore Airlines’ passenger load factor down to 77% in January 2012
The airline’s passenger load factor weakened across most regions as capacity expansion outstripped growth in passenger carriage.
OKP Holdings’ net profit surges 57% to S$27m in 2011
Its construction segment reigns as the group’s major contributor, accounting for 82% of total revenue.
ICBC Beijing provides money transfer service using passbooks
ICBC Beijingnow allows customers to transfer money at self-service devices using passbooks.
Bedok South Avenue 3 tender awarded to top bidder
The highest bid of $345.9 million won out and bagged the lease for the residential site.
Rotary Engineering bags US$34m contract in Saudi Arabia
It will be building 17 field storage tanks to be used for storing fuel oil.
ST Engineering marine arm clinches S$75M worth of contracts
Construction of the two Anchor Handling Tug Supply vessels for Swire Pacific Offshore will commence in 2013.
Amtek’s profit plummets 31% to US$18.8m in 1H12
As the floods in Thailand has greatly affected the supply chain of several industrial sectors.
What will keep Fraser & Neave afloat?
Subisidiary after subsidiary is suffering losses but its pre-sold property segment will be a surprise earner.
FSL Trust demands back unpaid vessels
Defaulting lessees have been ordered to return three chemical tankers after defaulting on their obligations.
United Envirotech’s revenue up 58% to $20m in 3Q12
As its engineering income surged 44% to $14m in the quarter.
Tiger Airways’ passenger volume drops 3% to 5.7m in 2011
As the average load factor for the low cost carrier was 4% lower year-on-year.
CapitaMalls Asia’s net profit jumps 8% to S$456m in 2011
The group committed a total of S$3 billion in acquiring stakes in five malls in Singapore and China.
Bedok South Avenue 3 tender receives top bid of $345.9 million
How close was the race between the highest bid and the second-ranked bid?
What's the estimated unit cost at the new Bedok South Avenue 3 residential site?
The winning developer may sell units at around $1,100 per psf based on its tender bid, says CBRE.
Tiong Woon’s revenue surges 36% to S$75m in 1H12
Revenue for its Marine Transportation segment grew the most at 86% to S$5 million in 2Q12.
Parkson Retail Asia’s net profit jumps 28% to S$27m in 1H12
The surge in profit was largely driven by the group’s opening of new stores and the inclusion of its operations in Indonesia.
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