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Keppel seals $240mn offshore & marine jobs from global customers
Keppel seals $240mn offshore & marine jobs from global customers
Keppel Singmarine to build for SBM Offshore a prototype multi-purpose dive support construction vessel (DSCV) while Keppel Shipyard will upgrade FPSO vessel from Petrofac International.
Pearlbank to be sold at $750mn
This translates to $1,495 psf ppr including an estimated charge of $167.2 million to top up the lease to 99 years.
Rotary Engineering CFO Koh Thong Hean resigns
Koh Thong Hean, age 44, resigns from the Company to pursue another career oportunity.
Yangzijiang bagged US$214mn worth of contracts in March 2011
The six new contracts are orders for two units of 82,000DWT bulk carriers, two units of 10,000DWT bulk carriers and two units of 4,900TEU container ships, said DMG.
2500 units up for sale at Flora residential site
More units will be offered in the next few years with freehold units available for as low as $600-900psf.
Railway stations to go down in history as reminders of Singapore heritage
The Singapore Government will be keeping the Tanjong Pagar Railway Station and the Bukit Timah Railway Station as national monument and conserved building respectively.
United Engineers Developments’ $543mn bid tops tenderers for Bendemeer Road/Whampoa East condo
The site’s proximity to an MRT station boosted developer’s confidence to set the top bid of $543mn or $774 psf/plot ratio.
A*STAR scientists join forces with Servier to develop anti-cancer drugs
The partnership aim to develop drugs restricting the growth of tumor-initiating cells in breast cancer.
Manulife launches two new plans
mPal and mEase cater to customers looking for protection solutions against accidents and critical illnesses.
CarrierNet Global fails to satisfy Ernst & Young auditors
The auditing firm cites insufficient support for the company's assumption that it is financially healthy despite incurring a net loss of $2.62 mln in FY10.
KPMG raises “going concern” issue about Asia Environment Holdings
The company recorded a deficit in net current assets of RMB573mln and RMB159mln, respectively, as of 31 December 2010.
HLH Holdings appoints new CEO
Dato Dr Ong Bee Huat will be the company’s chief executive for strategic planning and business development.
Hyflux signs 25-year agreement with PUB
Under the Water Purchase Agreement, Tuaspring will deliver desalinated water to PUB from 2013 to 2038.
Jones Lang LaSalle offers Crowne Plaza Changi Airport Hotel for sale
The 320-room hotel is being sold with the benefit of a long term management agreement with InterContinental Hotels Group under their Crowne Plaza brand.
Mapletree launches IPO
Mapletree Commercial Trust has lodged a preliminary prospectus.
ibis launches second hotel in Singapore
ibis Singapore Novena sports 241 modern rooms equipped with 32-inch LCD TV.
Pan Pacific Hotels to open $350mn flagship hotel in 2012
PARKROYAL on Pickering which earned the nation's highest green rating, Green Mark Platinum, features a hotel-in-a-garden concept and sustainable features.
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