Cache Logistics Trust's distributable income up 2.5% in Q4 to S$17.1m

CACHE Logistics Trust, which owns logistics warehouse properties in Singapore, China and Australia, on Thursday reported a 2.5 per cent year-on-year increase in its distributable income to S$17.1 million for the fourth-quarter ended Dec 31, 2017.

Spackman Entertainment appoints interim CEO

AN interim chief executive has been appointed by Spackman Entertainment Group, a month after the Catalist-listed South Korean entertainment production group announced that its founder would be stepping down to prepare the company for a new phase of growth.

Cache Logistics Trust reports 2.5% increase in distributable income for Q4 FY2017

CACHE Logistics Trust reported a 2.5 per cent year-on-year increase in its distributable income to S$17.1 million for the fourth quarter ended Dec 31, 2017.

Spackman Entertainment appoints interim CEO, after founder stepped down in Dec

AN interim CEO has been appointed by Spackman Entertainment Group, a month after the Catalist-listed South Korean entertainment production group announced that its founder would be stepping down to prepare the company for a new phase of growth.
COMMENTARY

SGX must be vigilant in a modified quarterly reporting regime

AFTER almost a year of waiting on tenterhooks for the regime to unveil its plans for mandatory quarterly reporting (QR) here, many will heave a sigh of relief that the much-trumped-about "review" of the practice has turned out to be more about finetuning the current system than an...
DIRECTORS' PAY

Singapore listed firms still 'weak' in remuneration disclosure: study

DISCLOSURE of remuneration practices by listed companies in Singapore remains weak across the board, with the information disclosed often insufficiently clear for stakeholders to make relevant decisions.

Singapore listed companies poor in disclosing pay practices: study

THE disclosure of pay practices by listed companies in Singapore, in accordance with the Code of Corporate Governance, is uneven at best and inadequate at worst, according to a new report released on Thursday by corporate governance advocate Mak Yuen Teen.

Global uncertainties dampen deal appetites in 2017

GLOBAL uncertainties put a dampener on investment appetites in 2017, with the year's mergers-and-acquisitions (M&A) activity falling just short of previous years'. ...

Clearbridge Health unit to buy stake in Philippine medical centre operator

CLEARBRIDGE Health, the medtech investor formerly known as Clearbridge Accelerator, will be purchasing a 65 per cent stake in a Philippine healthcare company for 69.6 million pesos (S$1.9 million) in cash, following through on a transaction announced during its initial public offering (IPO) last...

Straits Trading unit to invest in Japan real estate fund

the Straits Trading Company announced on Thursday that it will be investing in a Japanese real estate fund to be managed by Savills IM Japan Residential Fund GP Pte Ltd.

Wing Tai names two new board directors

LEADING property and lifestyle company Wing Tai Holdings has appointed two new directors to its board, while saying goodbye to a long-serving one.

Wing Tai makes board changes

PROPERTY and lifestyle company Wing Tai Holdings has appointed two new directors to its board, while saying goodbye to a long-serving one.

HC Surgical Specialists to buy private clinic operator

MEDICAL services group HC Surgical Specialists (HCSS) will be buying a 51 per cent stake in HMC Medical Pte Ltd for S$673,000 in cash, as part of its plans to increase its reach and market share in Singapore.
CULT STATUS

Slumbering in style

AH, what better way to revel in these last few hazy, lazy days of the holiday season (holding onto them desperately, more like) than in the most comfortable apparel money can buy: pyjamas.

Oceanus completes debt restructuring, aims to be net cash positive by end of FY 2017

ABALONE company Oceanus Group said that it has completed its debt restructuring exercise, putting the group in a debt-free and "net cash positive" position by the end of its financial year (FY) 2017...

Lian Beng unit to sell Australian property for A$90m

LIAN Beng Group announced on Tuesday that its wholly owned subsidiary, Lian Beng Franklin Investment Pty Ltd (LBF), has inked a deal to sell an Australian property that it purchased in November last year.

GKE enters into JV for hazardous chemicals warehousing and logistics

WAREHOUSING and storage company GKE Corporation (GKE) has invested in a joint venture (JV) that will carry out hazardous chemicals warehousing and logistics services for packed products, laden ISO Tanks and chemical drumming, the company said on Thursday.

Sabana Reit appoints COO as acting CEO

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust's (Sabana Reit) manager has appointed its chief operating officer (COO) Aw Wei Been as its acting CEO, with effect from Jan 1, 2018, while it continues its search for a new CEO...

IFA advises SingLand shareholders to accept UOL offer

THE Australia and New Zealand Banking Group (ANZ) has, in its capacity as independent financial adviser (IFA), advised Singapore Land shareholders to accept the mandatory unconditional cash offer made by UOL Group Limited.

Lian Beng unit to receive S$200m building contract

LIAN Beng Group announced on Tuesday that its wholly-owned subsidiary, LS Construction Pte Ltd, has received a letter of intent for a S$199.5 million building contract to be awarded for a proposed flat development at Serangoon North Avenue 1.

IFA advises SingLand shareholders to accept UOL offer

ANZ (Australia and New Zealand Banking Group) has, in its capacity as independent financial adviser, advised Singapore Land (SingLand) shareholders to accept the mandatory unconditional cash offer made by UOL Group Limited.

United Engineers offers to buy up rest of WBL

UNITED Engineers (UE) has made a pre-conditional voluntary unconditional cash offer for all the shares of WBL Corporation (WBL) it does not already own; the move follows Yanlord Land Group and Perennial Real Estate's acquisition of a one-third stake in UE earlier this year...

UE makes cash offer for rest of WBL

UNITED Engineers (UE) has made a pre-conditional voluntary unconditional cash offer for all the shares of WBL Corporation (WBL) it does not already own; the announcement follows Yanlord Land Group and Perennial Real Estate's acquisition of a one-third stake in UE earlier this year...

Goodland Group unit buys stake in buyer of Parkway Mansion

PROPERTY developer Goodland Group has, through a wholly owned subsidiary, subscribed for a stake in real estate consortium SL Capital (3) Pte Ltd (SLC3).

Zhongmin Baihui unit sets up new company for China retail business

ZHONGMIN Baihui Retail Group's wholly-owned subsidiary, Zhongmin Baihui (Fujian) Logistics Co, Ltd (ZMBH Fujian), has inked a deal with Chongqing Sasseur Outlets Commercial Management Co, Ltd (CQ Sasseur), to form a new company to take over ZMBH Fujian's stake in an earlier joint venture...