Units
Hong Fok acquires five units at International Building for S$27.8 million
PROPERTY developer Hong Fok Corporation, through its wholly owned subsidiary Super Homes, has acquired five ground-floor units at International Building for S$27.8 million.With the acquisition, Hong Fok now owns...
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to funding access following a US indictment of...
Union Square Residences sells 20% of units on launch day
PROPERTY developer City Developments (CDL) sold 75 units of the 366-unit Union Square Residences at Havelock Road on Saturday (Nov 9). In a press release from the company on...
Chuan Park moves over 60% of units during weekend; Union Square Residences sells about 20% on Saturday
Chuan Park is widely touted to do well as there has not been a new condo project in the Lorong Chuan area for years, while Union Square Residences is...
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US job growth slowed sharply in October...
Loss of Australian unit’s managed investment trust status beyond Fraser Hospitality’s control, says Reit manager
AS THE share swap between Frasers Property and Thai Beverage (ThaiBev) was a corporate action taken by entities above the level of the unitholders of Frasers Hospitality Reit, the...
Q&M unit’s lab business remains suspended; to shutter Sengkang vaccination centre
Q&M Dental and its Catalist-listed associated company, Aoxin Q&M, are suspending Acumen Diagnostics’ laboratory business with “no immediate plans” to reapply for its laboratory licence after it expired on...
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.
Client assets at retail brokerage Charles Schwab and the wealth arms...
Google Cloud, research units collaborate to speed AI development
GOOGLE said it has seen faster progress in artificial intelligence (AI) as a result of closer collaboration between its cloud computing unit and its AI research lab.Google Cloud struck...
Beng Kuang Marine strips non-core business units, pivots to asset-light model to chart turnaround
It has shuttered its ship chartering, hardware distribution and bottled water supply businessesWHEN a live cattle carrier owned by Beng Kuang Marine was detained in Indonesian waters, chief executive...