Category: Developer News
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 ...
Hsien Yang’s in-laws buy F&N-developed condo
Fraser and Neave (F&N) has sold a unit of its Soleil @ Sinaran residential development for $2.66 million to the relatives of its chairman Lee Hsie ...
Wing Tai reports 25% rise in H1 earnings to S$105m
Property developer Wing Tai has reported a 25 percent rise in half-time earnings to S$105 million.
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This is due mainly to higher contributi ...
OCBC’s Lee family makes counterbid for Straits Trading
A bidding war appears to be looming for diversified Straits Trading Company.
The Lee family that controls OCBC Bank is making a counter-offer for sha ...
Property developer Evergro posts full-year earnings of S$196,000
Property developer Evergro has reported full-year earnings that are sharply lower than the previous year.
It booked a profit of S$196,000 compared to ...
CapitaLand to invest over S$1b in 15 malls in India
CapitaLand is investing over S$1 billion in 15 malls across India through two joint ventures with Indian companies.
The venture will be fully funded ...
Why only a footnote for Hsien Yang’s appointment?
Tucked away on Page 60 of Fraser and Neave’s 200-page annual report and stated in a matter of fact of way is the announcement that one of the most tal ...
Ho Bee, IOI Properties win Sentosa’s last prime condo site
A tie-up between Ho Bee and Malaysia’s IOI Properties has clinched the last prime condominium site on Sentosa for S$1.1 billion.
The price for the Pi ...
CapitaLand shares dip to 9-month low on offer for Ascott
Shares of CapitaLand took a hit on Tuesday – giving up 5 percent following news it was making a move to gain total control of the Ascott Group.
The d ...
Simei Street residential site attracts top bid of S$236m
United Overseas Land and its partner Peak Century have put in the top bid of S$236 million for a residential site at Simei Street 4.
The price works ...