MAINBOARD-LISTED CapitaLand has sold a serviced residence in Hong Kong for HK$581.8 million (S$101 million) to an unnamed third party, according to a bourse filing on Friday.
STRUGGLING offshore and marine services provider PACC Offshore Services Holdings (POSH) has named Provenance Capital the independent financial adviser to the independent directors in the buy-out offer from Malaysian tycoon Robert Kuok’s Kuok group of companies.
MAINBOARD-LISTED developer United Industrial Corp (UIC) saw third-quarter earnings slip on higher costs and lower share of associates’ and joint ventures’ profits, amid the consolidation of revenue from the Marina Mandarin hotel complex that was bought out in April.
HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management.
THE Singapore Exchange (SGX) on Friday queried Catalist-listed Y Ventures on its unusual trading activity, the third such query to the e-commerce firm in the past six months.
<p>JULIUS Baer has appointed former Goldman Sachs Singapore CEO Jason Moo as its new Singapore-based head of private banking for South-east Asia to lead and expand the bank’s franchise in the region.</p>
MARKET activity amongst Asian equities in October was marked broadly by a return of risk appetite, amid signs of progress in US-China trade negotiations, and easing uncertainties over Brexit, a latest report by the Singapore Exchange (SGX) said.
MARINA developer SUTL Enterprise Limited's third-quarter net profit tumbled 35 per cent to S$612,000 from S$943,000 a year ago following higher costs for its upcoming ONE°15 Marina Puteri Harbour club in Malaysia.
