Property developer CDL launches share buyback exercise
CITY Developments Limited (CDL) initiated share buybacks for its ordinary shares on the open market on Friday (Mar 8), citing ...
Tag: Property
Chinese insurers warn of debt risks at property giant Vanke
SOME of China’s largest insurers are sounding an alarm over the debt risks of China Vanke, according to people familiar ...
Brokers’ take: Maybank downgrades PropNex to ‘hold’, sees limited upside as property deals slow
MAYBANK downgraded PropNex to “hold” from “buy” and lowered its target price by 18.3 per cent to S$0.94 from S$1.15, ...
Aspial Lifestyle unit ups stake in property debt investment platform BigFundr to 70% from 15%
ASPIAL Lifestyle’s fully-owned subsidiary Maxi-Cash Capital Management (MCCM) is raising its stake in real estate investment platform BigFundr to 70 ...
First Sponsor H2 net profit plunges 96.8% to S$1.9 million on lower property handover volume in China
Despite the falls, the group, which has operations in China and the Netherlands, said its overall gross margin for the ...
China state banks earmark 60 billion yuan for property projects
CHINA’S state-owned lenders have earmarked at least 60 billion yuan (S$11.4 billion) of loans for property projects eligible for support, ...
German property bank’s investor turns short seller as crisis deepens
AN INVESTOR-turned-short seller in Germany’s embattled Pfandbriefbank on Friday (Feb 16) told the company to come clean on the extent ...
Wee Cho Yaw’s business legacy may live on longer in property than in banking
BUSINESS leaders, politicians and friends paid tribute to Wee Cho Yaw, who died earlier this month at the age of ...
Europe’s banks under microscope with property worries swirling
EUROPE’S lenders remained in the focus of investors on Thursday (Feb 8) as analysts assessed the risk of contagion from ...
MCST of Woodlands industrial property initiates civil lawsuit against owners Wee Hur
THE managing body of a strata-titled industrial property at Woodlands has commenced a civil lawsuit against its owners, which are ...
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