Real Estate

Mercedes set to cut jobs in China as local competition heats up
Mercedes set to cut jobs in China as local competition heats up
February 27, 2025
MERCEDES-BENZ Group and its subsidiaries are planning to cut up to 15 per cent of the automaker’s workforce in China, mainly within its financing and sales units, as the...
Kwek Leng Beng-Sherman tussle at CDL can destroy value
Kwek Leng Beng-Sherman tussle at CDL can destroy value
February 27, 2025
Share price is deeply undervalued, could father-son tussle lead to restructuring or a merger?Investors buy into listed groups where families hold major stakes and are active in management, partly...
Heavy selling wipes nearly a billion dollars off Yangzijiang Shipbuilding’s value as its shares plummet 9%
Heavy selling wipes nearly a billion dollars off Yangzijiang Shipbuilding’s value as its shares plummet 9%
February 27, 2025
Shares of Yangzijiang Shipbuilding dropped as much as 16 per cent on Thursday (Feb 27), a day after it posted earnings and in a week when the US proposed...
Goldman Sachs adds Waldron to board, lining up potential CEO succession
Goldman Sachs adds Waldron to board, lining up potential CEO succession
February 27, 2025
GOLDMAN Sachs added its president and chief operating officer John Waldron to its board of directors a month after he was given a retention bonus, cementing his position as a...
Nissan CEO Uchida’s future in focus as sources say management shake-up due soon
Nissan CEO Uchida’s future in focus as sources say management shake-up due soon
February 27, 2025
JAPAN’S Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday (Feb 27), adding that embattled CEO Makoto Uchida...
Seven & i says founding family unable to secure funding for US billion buyout
Seven & i says founding family unable to secure funding for US$58 billion buyout
February 27, 2025
JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider...
Stocks to watch: ST Engineering, CLI, Yangzijiang Shipbuilding, Sembcorp, Golden-Agri
Stocks to watch: ST Engineering, CLI, Yangzijiang Shipbuilding, Sembcorp, Golden-Agri
February 27, 2025
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 27). ST Engineering: The defence and engineering group on Thursday reported a net...
Sembcorp doubles dividend on higher earnings, shuffles business leadership
Sembcorp doubles dividend on higher earnings, shuffles business leadership
February 27, 2025
It proposes final dividend of S$0.17 per share, compared with S$0.08 in the previous periodSEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net...
CapitaLand Investment back in the black with S8 million H2 profit; proposes special dividend-in-specie of CICT units
CapitaLand Investment back in the black with S$148 million H2 profit; proposes special dividend-in-specie of CICT units
February 27, 2025
REAL estate group CapitaLand Investment (CLI) swung to a net profit of S$148 million for its second half ended December, from a net loss of S$170 million in the...
CapitaLand Investment back in the black with S8 million H2 profit; proposes special dividend-in-specie of CICT units
CapitaLand Investment back in the black with S$148 million H2 profit; proposes special distribution of CICT units
February 27, 2025
THE board of real estate group CapitaLand Investment (CLI) proposed on Thursday (Feb 27) to distribute a core dividend of S$0.12 per share, as well as a special dividend-in-specie...