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SGX proposes new algorithm for computing prices
SGX proposes new algorithm for computing prices
The bourse said the computed price will better reflect the market.
SingTel to inject infrastructure assets into NetLink Trust
The assets are worth more than $1.5b.
SIA’s new subsidiary airline chooses Boeing 777
The airline’s low cost subsidiary picks the airplane brand behind its versatility and reliability.
Keppel on target to complete FSO for Bumi Armada
The FSO will be deployed in Malaysia for the development of the Sepat field for PETRONAS Carigali.
Mapletree Logistics Trust’s DPU rose 6.7% YoY to 1.60 S cents
Gross revenue in Q2 2011 also increased by 26.6% yoy to S$65.8m.
Ascott REIT revenues grew by an amazing 65% to $73.1m in Q2 2011
And distribution per unit was 25% higher at 2.33 cents.
Keppel Corp’s profit up 7% to S$696m
This is compared to the S$651m profit for the first half of 2010.
CapitaMalls Asia doubles profit to almost S$165m
This is for the second quarter of 2011, compared to the S$82m profit in the same period in 2010.
Ascott to operate CapitaLand’s first serviced residence in India
It will rebrand a 96-unit serviced residence in Bangalore that was secured through a lease agreement.
Singapore launches first-ever event concierge
TicketCube is the only platform in Singapore that aggregates four local ticketing service providers – ApeSnap, Gatecrash, SISTIC and TicketBooth.
Singapore-Israel Industrial R&D Foundation invests $2.8m in four new projects
The projects are expected to generate cumulative revenues of $250m in the first three years of commercialisation.
A-REIT to develop Unilever Four Acres Singapore
Estimated development cost, excluding the land premium for the underlying land, is more than S$32m.
NETS launches payment collection solution for small businesses
iNETS QuickPay aims to convert S$16 billion worth of paper payment transactions to electronic payments.
CapitaMall Trust second quarter distribution up 3.1%
Unitholders can expect to receive their distribution per unit on 26 August 2011.
Pioneer Road North / Soon Lee Street site awarded to KNG Properties
It outbid six others with its more than $64m offer.
UOB to grow private bankers headcount fivefold
The lender currently has only 40 private bankers.
CapitaLand to operate serviced residences in India
Its new subsidiary Citadines Richmond Hospitality has approximately S$2,700 worth of share capital.
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