Real Estate

Sabana Reit’s former tenant enters liquidation; Reit manager to mitigate losses
Sabana Reit’s former tenant enters liquidation; Reit manager to mitigate losses
September 11, 2024
The premises have been renamed to 33, 33A and 35 Penjuru Lane to facilitate multiple tenantsTHE former master tenant of Sabana Industrial Real Estate Investment Trust’s (Reit) premises at...
Samsung plans global job cuts of up to 30% in some divisions: sources
Samsung plans global job cuts of up to 30% in some divisions: sources
September 11, 2024
SAMSUNG Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with...
Bitcoin dips as Kamala Harris and pro-crypto Donald Trump clash in debate
Bitcoin dips as Kamala Harris and pro-crypto Donald Trump clash in debate
September 11, 2024
BITCOIN slid as traders reacted to the US presidential debate between Democratic nominee Kamala Harris and Republican rival Donald Trump, who has embraced the crypto sector.The largest digital asset...
China’s Comac eyes Singapore, Hong Kong for overseas offices
China’s Comac eyes Singapore, Hong Kong for overseas offices
September 11, 2024
CHINESE planemaker Comac is considering opening its first offices in Asia outside of mainland China, sources familiar with the matter said, as part of a push to help its...
Singapore shares open higher on Wednesday; STI up 0.4%
Singapore shares open higher on Wednesday; STI up 0.4%
September 11, 2024
SINGAPORE shares began Wednesday (Sep 11) trading in positive territory, mirroring overnight gains in Wall Street. As at 9.01 am, the Straits Times Index (STI) climbed 0.4 per cent...
Q&M Dental to acquire dental clinic business in Bukit Timah for S0,000
Q&M Dental to acquire dental clinic business in Bukit Timah for S$800,000
September 11, 2024
Q&M Dental Group (Singapore) has entered into a binding memorandum of understanding (MOU) to acquire the dental clinic business of Veritas Dental for S$800,000.On Wednesday (Sep 11), the group...
Stocks to watch: Mapletree Logistics Trust, Sabana Reit, Q&M Dental, Del Monte Pacific
Stocks to watch: Mapletree Logistics Trust, Sabana Reit, Q&M Dental, Del Monte Pacific
September 11, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Sep 11): Mapletree Logistics Trust: Its manager on Tuesday announced its proposal to divest...
SpaceX says Starship launch license delayed to November
SpaceX says Starship launch license delayed to November
September 11, 2024
SPACEX is openly criticising what it sees as unacceptable delays in the licensing process for the next launch of its Starship rocket, saying US government approval is going to...
Dell says job cuts will continue with margins under pressure
Dell says job cuts will continue with margins under pressure
September 10, 2024
DELL Technologies will continue to reduce its workforce this year, trying to control costs amid concerns that demand for personal computers (PCs) has not rebounded and sales of servers...
US: Wall Street opens higher as focus moves to inflation data
US: Wall Street opens higher as focus moves to inflation data
September 10, 2024
Wall Street’s main indexes opened higher on Tuesday (Sep 10) ahead of key inflation data later this week that could firm up bets on the size of the interest...