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Other Corporate Earnings
Passenger movements at Changi Airport slid 0.9 per cent to 13.1 million in the first quarter of this year, compared with the same period last year, on the back of softer traffic across most regions.
Fraser Commercial Trust (FCOT) has entered into a conditional sale and purchase agreement with Australand Property Holdings to acquire a commercial property in Melbourne for A$222.5 million (S$232 million).
BHP Billiton is contesting A$522 million (S$544.8 million) in Australian tax bills on its Singapore marketing operations up to 2010, after having paid almost no tax in Singapore since 2006, the global miner told an Australian Senate panel.
The Straits Timex Index kicked off the week with a 2.85-point gain at 3,515.85 on Monday, thanks mainly to strong gains in Singtel and UOB.