Singapore ranked 13th among 200 countries for low bribery risk

SINGAPORE has emerged 13th in a field of 200 countries, ranked according to the risk of encountering commercial bribery.

Takeover offer made for Indiabulls property trust at 90 cts apiece

A TAKEOVER offer of S$306 million has been made for Indiabulls Properties Investment Trust (IPIT) by the Indiabulls Group at 90 Singapore cents apiece, in a move that will lead to the delisting of the business trust from the Singapore Exchange (SGX).

Singapore ranks 13th out of 200 for 'very low' risk of commercial bribery

SINGAPORE has turned up in 13th spot out of 200 countries that were ranked for the risk of encountering commercial bribery, according to a latest gauge.

Singapore shares open up on Thursday

SHARE prices in the Singapore bourse opened higher with the key Straits Times Index up 12.62 points at 3,292.9.

Stocks to watch: Indiabulls Properties, SPH, SIIC, Accrelist, Jubilee Industries

THE following companies saw new developments that may affect trading of their shares on Thursday:

Indiabulls Properties Investment Trust gets takeover offer of 90 S cents apiece

INDIABULLS Properties Investment Trust (IPIT) has received a takeover offer of 90 Singapore cents per unit from Indiabulls Real Estate.

Bling it - Singapore launches world's first diamond bullion

SEVENTEEN months since the inception of the world's first exchange that enables trading in diamonds as a commodity, the Singapore Diamond Investment Exchange (SDiX) is offering investors another way to bling up their portfolios. ...

SPH Reit's distribution per unit up 0.7% for Q4

SPH Reit chalked up a 0.7 per cent increase in distribution per unit (DPU) for the fourth quarter to 1.42 Singapore cents from 1.41 cents a year ago.

SPH Reit posts 0.7% rise in DPU for Q4

SPH Reit, a real estate investment trust sponsored by media group Singapore Press Holdings (SPH), reported a 0.7 per cent improvement in distribution per unit (DPU) for the fourth quarter to 1.42 Singapore cents from 1.41 Singapore cents a year ago.

String of SGX queries leaves China Taisan under a cloud

THE Singapore Exchange has China Taisan Technology Group Holdings in its cross hairs as evinced by its persistent prodding for more details on the goings-on at the troubled firm, ranging from key boardroom appointments and departures to valuation of certain assets to its financial books.

Watch-list firm China Taisan in SGX's crosshairs

CHINA Taisan Technology Group Holdings' litany of sharp queries from the Singapore Exchange (SGX) since December last year has cranked up considerably in recent weeks, signalling that it is being closely scrutinised by the frontline regulator. ...

Singapore shares open up on Friday

SHARE prices in the Singapore bourse opened higher with the key Straits Times Index up 4.42 points at 3,266.26 as at 9am.

Roxy-Pacific to scoop up more residential sites in Guillemard Lane for S$33.5m

ROXY-Pacific Holdings is once again muscling up its landbank in Singapore, this time with plans to acquire more freehold residential sites at Guillemard Lane for S$33.5 million.

Roxy-Pacific acquires freehold residential sites in Guillemard Lane for S$34m

ROXY-Pacific Holdings plans to acquire freehold residential sites in Singapore's Guillemard Lane for S$33.5 million. The sites situated at 2 and 6 Guillemard Lane have an estimated total land area of 14,030 sq ft and an existing gross plot ratio of 2.8 under the 2014 Master Plan for...

ARA's CEO named chairman of APREA

ARA Asset Management group chief executive John Lim has been elected to succeed Lim Swee Guan as chairman of the Asia Pacific Real Estate Association (APREA), a non-profit association that represents the real estate industry in the region.

SBI Offshore gets legal adviser's final report on past deals involving associate firm

SBI Offshore's board should weigh the "costs vs the benefits" of taking any legal proceedings in relation to the existence of two sets of conflicting agreements on the acquisition and subsequent disposal of a 35 per cent stake in China-incorporated Jiangyin Neptune Marine Appliance...

Q&M Dental acquires HK's CJ Group with seven clinics to expand business in region

Q&M Dental Group Singapore has entered into a binding agreement to acquire 60 per cent of CJ Group (Holding), a company that that provides general and specialist dentistry services in Hong Kong for HK$4 million (S$698,000) cash. In an announcement, Q&M said that the proposed Acquisition was...

Loyz Energy to issue 77m new shares to Arctos Investments for joint venture

LOYZ Energy will issue 76.6 million new shares at 1.305 Singapore cents apiece to Arctos Investments Pte Ltd in relation to a proposed joint venture with the latter in line with its plan to diversify into fund management, investment and trading.

Hanwell acquires property in Osaka for 575 million yen

HANWELL Holdings is acquiring a property in Osaka, Japan for 575 million yen (S$6.9 million) in line with its strategy to redeploy capital into potentially higher return real estate opportunities.

Thakral Corp's JV GemLife acquires 2 more Australia properties for retirement housing

SINGAPORE-LISTED Thakral Corp has acquired two additional properties in Australia through its joint venture GemLife which has committed A$20 million (S$21.3 million) to develop them into resort-style retirement housing.
NEWS ANALYSIS

Singapore's competitiveness: The good, the bad and the ugly

SINGAPORE remains one of the world's most competitive economies across the board. Period. But if you prefer to nitpick, let's do that (too). ...
HOCK LOCK SIEW

Shanghai Turbo-charged drama adds to S-chips fear factor

ANOTHER day, another bizarre drama in the S-chips community on the local bourse. This time it's Shanghai Turbo Enterprises, a mainboard-listed engineering company that makes key components for power plants with one operating subsidiary in Changzhou city in China's Jiangsu Province -...
STOCKS

Week's trading kicks off on a poor note

THE local bourse snapped two straight days of gains to start the trading week on a weak note as traders digested the weekend election results from Germany and New Zealand and geopolitical "noise" continued to hang in the air. ...

Singapore shares close lower with STI down 4 points

SHARES in the local bourse fell with the benchmark Straits Times Index finishing 4.34 points or 0.14 per cent lower at 3,215.91.

Cromwell Reit IPO called off

THE sizeable S$1.2 billion initial public offering of the first euro-denominated real estate trust on the Singapore Exchange is not happening.