Real Estate
Dyna-Mac delists from SGX on Jan 9
This comes after it fired its executive chairman and chief executive Lim Ah Cheng following a business review in mid-DecemberOFFSHORE oil-and-gas contractor Dyna-Mac announced that it will delist from...
BlackRock to cut about 1% of its employees, staff memo says
BLACKROCK told employees it’s cutting roughly 1 per cent of its workforce after it committed more than US$25 billion for acquisitions last year to expand its reach in private-market...
Gordon Tang and wife increase cash offer for Suntec Reit to S$1.19 a unit
THE mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all the units of Suntec Real Estate Investment Trust (Reit) was on...
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5%ASSET manager BlackRock is Yangzijiang Shipbuilding’s...
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5%ASSET manager BlackRock is Yangzijiang Shipbuilding’s...
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers do not foresee a robust performance from Asian markets this year, amid an expected increase in geopolitical tensions.This cautious perspective was highlighted in the Investment Management...
Singapore police partners banks to prevent S$73 million in potential scam losses
MORE than 1,444 scam cases were thwarted through a joint operation by the Singapore Police Force’s (SPF) Anti-Scam Centre and six banks, preventing losses of around S$73 million. The...
DBS shares hit S$45 for the first time
Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). The stock crossed that milestone to trade at S$45.14 by Wednesday afternoon, rising...