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PROPERTY developer Oxley Holdings said on Monday that it has sold its rights to the ground rents for phases one and two of its premier London waterfront development, Royal Wharf, in London.

SINGAPORE-HEADQUARTERED mineral resource company AsiaPhos announced on Monday that it will acquire the entire issued and paid-up capital of LY Resources (LYR Group) for S$36.8 million from Luo Yong,...

IN light of increased volatility in the equity capital market, the initial public offering (IPO) of Manulife US Reit (real estate investment trust) has been delayed, a banking source told The...

NOBLE Group on Monday announced that it will redeem in whole all outstanding 6.625 per cent senior notes due 2020 on Aug 5 this year.

TOPLINE

FIRST Sponsor Group, whose major shareholders are Hong Leong Group Singapore and Tai Tak Estates, is wasting no time to tap its first-mover advantage among Asians in Dutch commercial real estate.

FIRST Sponsor Group is not only the first Singapore-listed developer that disburses loans instead of borrowing, but it may also be the only developer with net cash post-IPO - "which is unheard...

CLEARLY, audit committees (ACs) are shouldering heavier responsibilities than ever before, all while juggling the disparate expectations of shareholders, regulators and other stakeholders.

INSIDE MARKETS

BUYING rebounded while selling among directors fell based on filings on Singapore Exchange from June 29 to July 3. A total of 22 companies recorded 47 purchases worth S$2.49 million versus a paltry...

STOCKS

OUTLOOK reports like this are usually difficult to write because of the inherent unpredictability of markets and the problems associated with selecting potential market-moving events in the days...

COMMODITIES

OIL prices came under pressure last week from concerns about Greece's future in the eurozone and the possibility of higher Iranian crude supplies. Gold failed to benefit from its status as a...