Category: Developer News

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Ascott shares face suspension from SGX

Ascott shares face suspension from SGX

Shares of Ascott Group are likely to be suspended, now that CapitaLand has gained control of 91.7 percent of the company. Under listing rules, the Si ...
UOL posts 134% jump in full-year profit to record S$759m

UOL posts 134% jump in full-year profit to record S$759m

Property developer United Overseas Land (UOL) has more than doubled its profit for 2007, helped by a S$590.5 million gain from investment properties. ...
CapitaLand sues 4 Gillman Heights Condo owners for breach of contract

CapitaLand sues 4 Gillman Heights Condo owners for breach of contract

Capitaland is suing the owners of four units of Gillman Heights condominium for breach of contract. It is also seeking unspecified damages. The owne ...

OCBC rejects improved takeover offer for Straits Trading

OCBC says it intends to reject an improved takeover offer for one of its listed subsidiaries, Straits Trading. This could effectively end a tussle fo ...
F&N’s Q1 profit surges 33% to S$103m

F&N’s Q1 profit surges 33% to S$103m

Fraser and Neave (F&N) has delivered a 33 per cent rise in first quarter profit to S$103 million. It attributed the strong performance to contrib ...

Property players hold back

Companies wary of acquisitions amid market uncertainty EVEN as property prices come off their peaks, sector participants are keeping cautious, with M ...

GuocoLand reports 15% rise in H1 net profit to S$60.6m

Property developer GuocoLand has reported a net profit of S$60.6 million for its half year ended December 31. That was a 15 percent increase compared ...

$1.73 decent exit price for Ascott: CIMB

CapitaLand’s offer to buy the remaining shares of its 67-per-cent unit, The Ascott Group, at $1.73 apiece represents a decent exit price for minority ...

Keppel Land gets an early hongbao

Boosted by sale of stake in One Raffles Quay, the firm posts a seven-fold surge in Q4 profits to $572 million Keppel Land kicked off the current quar ...

Tecity raises offer for Straits Trading to S$6.50 a share

Tecity has raised its general offer for Straits Trading to S$6.50 a share following a counter bid from the Lee family. The revised offer values the co ...
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