Courts Asia shares come alive with Nojima's S$0.205 a share offer

SHARES in retailer Courts Asia leapt once a trading halt was lifted on Friday afternoon, following a conditional cash offer by a unit of Japanese electronics retailer Nojima Corp at S$0.205 per share.

Knight Frank names new group managing director

KNIGHT Frank Singapore has appointed real estate veteran Wendy Tang as group managing director (MD) with effect from April this year to replace current group MD and chairman Danny Yeo.

Hot stock: Courts Asia shares leap after offer from Nojima

SHARES in retailer Courts Asia jumped nearly 35 per cent on Friday afternoon after a trading halt was lifted, following a conditional cash offer by a unit of Japanese electronics retailer Nojima Corp at S$0.205 apiece.

ESR-Reit posts Q4 DPU of 1.005 Singapore cents in first results since VIT merger

ESR-Reit posted a distribution per unit of 1.005 Singapore cents for the fourth quarter ended Dec 31, 2018, up 8.2 per cent year on year.

Japan retailer Nojima makes offer for Courts Asia at S$0.205 apiece

A UNIT of Japanese electronics retailer Nojima Corp is making a conditional cash offer for Courts Asia at S$0.205 per share as it seeks to gain a strong foothold in South-east Asia, the Singapore company announced before market open on Friday.

Sunrise Shares offer turns unconditional, closing date extended to Feb 7

THE offer for electrical products trader and distributor Sunrise Shares has turned unconditional, while the closing date has been extended to Feb 7.

Serangoon building back on market at lower price

A FREEHOLD six-storey commercial building at 291 Serangoon Road is being relaunched for sale at a lower price of between S$46 million and S$49 million.

Most SMEs confident about overcoming cyber breach: survey

MOST local small and medium enterprises (SMEs) appear confident they would be able to overcome a cyber breach following an attack, but about a third of them who experienced cyber incidents did not know which data files were affected, a survey highlighted.

Singapore wage growth to cool but strong hiring for new tech jobs to continue: Randstad report

SINGAPORE'S strong wage growth in 2018 may moderate this year amid uncertainties in the global economy but certain sectors are still likely to boost headcount, a report said...

Over half of SMEs in Singapore have experienced a cyber error or attack last year: poll

SOME 56 per cent of small and medium enterprises (SMEs) in Singapore have experienced a cyber error or attack in the last 12 months, a survey has found, flagging a significant perception gap between cyber risk and how prepared SMEs are to handle them.

Freehold commercial building in Serangoon Road re-launched for sale at reduced price

A FREEHOLD six-storey commercial building in 291 Serangoon Road is being relaunched for sale at a lower price of between S$46 million and S$49 million. 

TSMP Law Corp hires to support expansion, new China desk

SINGAPORE-BASED TSMP Law Corp has made new appointments as it seeks to strengthen its capabilities in transactional and litigation work as well as set up a China desk.

Sunrise Shares general offer turns unconditional, closing date extended

THE offer for electrical products trader and distributor Sunrise Shares has been made unconditional, while the closing date has been extended to Feb 7.

RHT Health Trust done with disposal of portfolio to Fortis Healthcare

RHT Health Trust has completed the disposal of its entire portfolio of healthcare assets to its controlling unitholder, India's Fortis Healthcare, for about S$895.55 million, and its trustee-manager is now considering various avenues available for RHT , including identifying a possible new...

Over half of institutional investors to raise Asia-Pacific property allocations: poll

OVER half of institutional investors globally, or some 57 per cent, intend to increase their allocations to Asia-Pacific real estate over the next two years, a survey showed.

Annica in talks with buyer of GPE stake to defer payment of S$600,000 due

CATALIST-LISTED Annica Holdings is in negotiations with GPE Power Systems' executive director to defer the timeline for the payment of a third tranche relating to the disposal of Annica's shareholdings in GPE Power Systems...

RHT Health Trust disposes entire assets to controlling unitholder Fortis Healthcare

RHT Health Trust has completed the disposal of its entire portfolio of healthcare assets to its controlling unitholder Fortis Healthcare for about S$895.55 million.

Market watchers mixed over 2019 home sales

THE wave of new launches that began in earnest the second half of last year may have helped developer sales end the year on a stronger than expected note.

Courts Asia acquires building in Jakarta from Sinarmas Land

COURTS Asia's wholly-owned subsidiary, PT Courts Retail Indonesia (PTCRI), has acquired the KHI Building in Jakarta, Indonesia, from a subsidiary of Sinarmas Land for around 97.56 billion rupiah (S$9.36 million), as it looks to restructure its store format in the country...

Singapore private home sales, units launched down month-on-month in December

AMID no new launches and the year-end lull, 602 private homes were taken up in December, about half the 1,201 units sold in November.

Stocks to watch: Lian Beng, Trek 2000, ST Engineering, CSE Global

THE following companies made announcements that may affect trading of their shares on Tuesday:

Vallianz unit-managed vessel damaged in tanker collision

A TANKER has collided into a pipe-laying vessel managed by a subsidiary of Vallianz Holdings, resulting in damage to the Star Centurion vessel.

Best World to invest in A*Star startup with an eye on stem cell-based products

BEST World International is investing in A*Star spinoff Celligenics as it seeks to leverage on synergies with its own business in the health and wellness sector.

Kimly chairman up for re-election amid probe

CATALIST-LISTED coffeeshop operator Kimly is seeking the re-election of its executive chairman Lim Hee Liat at an upcoming annual general meeting (AGM) on Jan 30, amid a probe by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD).

Kimly to seek re-election of executive chairman who is under probe, at AGM

CATALIST-LISTED coffeeshop operator Kimly is seeking the re-election of its executive chairman Lim Hee Liat - who is under probe by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) - at an upcoming annual general meeting (AGM).