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New site selected for En bloc Redevelopment Scheme
New site selected for En bloc Redevelopment Scheme
The site, Blocks 1 to 3 East Coast Road, is comprised of 82 sold flats which are about 48 years old.
Asia Pac digital games market set to be worth $30b in 2016
Digital gamers must be multiplying really fast.
Institute of Certified Public Accountants of Singapore launches financial guide for SMEs
The guide for financial reporting is an optional standard effective for annual periods beginning on or after 1 January 2011.
O’Melveny & Myers associates with Indonesian law firm Tumbuan & Partners
Singapore-based partner Joel Hogarth will relocate to Jakarta to coordinate the association.
SP AusNet profit down 11.9% to A$146.2m
Increased half-year revenues and profit before tax were offset by a higher income tax expense.
UOB-Kay Hian profit down 31.1% to S$23.6m
Other operating income declined by 34.4% to S$4.2m.
Tiong Woon profit down to S$1mn
Yet its revenue soared 25% to S$36m for fiscal 2012 first quarter ended 30 September 2011.
Hiap Seng profit up 70.3% to S$3.6mn
Healthy balance sheet with cash and cash equivalents of S$51.5 million on revenue of S$44.6mn FOR 2QFY2012.
China Fishery acquires a fishmeal plant
New plant in Ilo, the most important port city in South Peru, will enhance the utilisation of China Fishery’s fishing quota in the region.
Li Heng third quarter profit down 43.6% to CNY40.2mn
Yet revenue grew 23.2% to CNY1.1bn as sequential revenue improvement reached 22% from CNY902.4mn in second quarter.
Yanlord acquires 50% stake of a Shanghai Youyou Group subsidiary for CNY1.65bn
Acquisition is among the significant opportunities the company capitalises on to further enhance its future development despite current volatile market conditions.
Kitchener Complex to undergo extensive makeover
All the tenants will be given a 2-month rent free period as renovation works are carried out.
OUE puts up two subsidiaries in Singapore
Principal activities of the two firms will be investment holding and hotel management consultancy services.
KSH Holdings’ revenue drops 24.2% to S$54.4m in 2Q12
As earnings of its construction segment plunged 47% to S$33.3m.
Tender for office site at Mountbatten Road awarded to Chen Chew Yen
The winning bid was $15,010,000 when the tender closed on November 1.
ST Engineering profit up 3% to $133.8m
This is despite all sectors except for Marine posting lower revenue in the third quarter.
SingTel subsidiary acquires Advanced Info Services shares
SingTel Strategic Investments is purchasing 61 million ordinary shares for as much as approximately S$328m.
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