Kalpana Rashiwala

The company says the probe relates to its affairs

It is expected to maintain a presence in MacDonald House, but exit its Mediapolis and Alexandra Road premises

Tender draws 7 bids in total; Eco World’s S$208.1 million offer is higher than expected

The price works out to S$2,369 psf on a gross floor area of 130,875 sq ft

The house was owned by Richard Eu and his siblings

On average, LBC rates are up by 3.9% for industrial, 1.7% for commercial and 2.9% for place of worship/civic and community institution uses

8M Real Estate is said to be in talks to buy the properties, which are in areas such as Duxton and Tras Street

The freehold mall has potential for substantial refurbishment and repositioning

Rival Anthropic has leased about 100 desks within The Executive Centre facility at Ocean Financial Centre

In Part 2, we look at a next wave of family-run companies that emerged from the 1980s into Singapore's transformative years.