Daintree Residence to launch for sale on July 28

ALL eyes will be on Daintree Residence when it launches for sale on July 28 - the first condominium to do so since the latest round of cooling measures came into effect.

Cash company Memstar in discussions with "target"

CASH company Memstar Technology is currently in discussions with a target and expects to enter into a definitive agreement by July 31, it said in an announcement on Singapore Exchange (SGX).

Shanghai Turbo proposes independent adviser and independent reviewer

SHANGHAI Turbo Enterprises has proposed WongPartnership as its independent adviser and Nexia TS Risk Advisory as its independent reviewer, it said in a Thursday evening filing with the Singapore Exchange (SGX).

Dilution gain boosts Keppel T&T Q2 profit to S$26m

KEPPEL Telecommunications & Transportation (Keppel T&T) spent more on operations even as it registered a lower turnover in its second quarter. But a dilution gain following Keppel DC Reit's private placement exercise ultimately helped boost its bottom line...

Manufacturing Integration Technology to sell semicon business

MANUFACTURING Integration Technology is looking to dispose of its semiconductor business for an estimated price of S$84.5 million and focus its energies on contract equipment manufacturing and customised automation as its core business.

Kentish Green joins en bloc fray

KENTISH Green on Oxford Road has joined the roster of developments here trying for a collective sale.

China Mining International proposes name change and diversifying into agriculture

CHINA Mining International has proposed a slew of changes, among them a diversification into agriculture, an acquisition of a majority stake in such a company for S$37.2 million in this field and a change of name to Zhongnong Huasheng International. 

Manufacturing Integration Technology to sell semiconductor business for S$84.5m

MANUFACTURING Integration Technology is looking to dispose its semiconductor business for an estimated price of S$84.5 million and focus its energies on contract equipment manufacturing and customised automation as its core business.

United Overseas Insurance Q2 net profit falls 16% to S$6.9m

UNITED Overseas Insurance (UOI)'s second-quarter net profit fell 15.5 per cent to S$6.9 million from the previous year, the group said in a Singapore Exchange filing on Wednesday evening...

Keppel T&T Q2 profit up 138% to S$26m

A DILUTION gain following Keppel DC REIT's private placement exercise lifted results for Keppel Telecommunications & Transportation (Keppel T&T) in its second quarter...

Impact of latest curbs has Redas seminar abuzz

PROPERTY players are still coming to terms with the surprise cooling measures that took effect on July 6, with various views on their impact aired at Real Estate Developers' Association of Singapore's (Redas) property market update seminar for 2018...

Cooling measures raised homeownership costs, cooled property demand: Redas president

THE imposition of heftier additional buyer's stamp duty (ABSD) on developers is "a big setback for the property market in Singapore", Real Estate Developers' Association of Singapore (Redas) president Augustine Tan said on July 17...

Two freehold central sites up for en bloc

SUMMER Green is the latest condo to hit the collective sale market with a reserve price of S$48 million.

Summer Green condo hits collective sale market at S$48m

SUMMER Green off Balestier Road is the latest condo to hit the collective sale market with a reserve price of S$48 million.
TOPLINE

Optimistic Koh Brothers senses opportunities

DESPITE the government's recent cooling measures, Koh Brothers Group's managing director and chief executive, Francis Koh, will still tender for one or two more mass market sites in Singapore to balance out his slate of Holland Village projects...

Cluster near Boon Keng going for S$133.66m

A CLUSTER of freehold shophouses, terrace houses and walk-up apartments at the intersection of St George's Road and Serangoon Road is on the market, with a reserve price of S$133.66 million...

MOUs signed to help Singapore, French companies to innovate

MORE connections between the startup and innovation ecosystems in France and Singapore could be on the way after a number of freshly signed memoranda of understanding between Singapore and French institutions.

Acromec clinches S$2.9m healthcare project

ENGINEERING services provider Acromec has secured a S$2.9 million contract in the healthcare sector that it expects to complete by the quarter ending Dec 31, 2018.

IHH to take 31% stake in Fortis, bid for another 26%; could spend 73.5b rupees and up

IHH Healthcare Bhd is poised to take control of cash-strapped Fortis Healthcare as it emerged the winner in a months-long bidding war for India's second-largest private hospital chain...

MOUs signed to help Singapore, French enterprises connect, innovate

MORE connections between the startup and innovation ecosystems in France and Singapore could be on the way after a number of freshly signed memoranda of understanding between Singapore and French institutions.

Smartflex gets nod for time extension to meet listing rules, escrow waiver

SMARTFLEX Holdings has received approval from Singapore Exchange (SGX) for a further two-month extension to make an acquisition that will meet requirements for it to continue to be listed, as well as a waiver of escrow requirements to continue its operations.

Acromec clinches S$2.9m contract to outfit day surgery centre

ENGINEERING services provider Acromec has secured a S$2.9 million contract in the healthcare sector that it expects to complete by the quarter ending Dec 31, 2018. 
MOON JAE-IN IN SINGAPORE

MOUs between Singapore and S. Korea to promote trade and collaboration

SINGAPORE and South Korea on Thursday signed a raft of partnerships aimed at strengthening bilateral trade and investment, as well as promoting collaborations between companies and government agencies of the two countries.

WeChat Pay now available at Changi Airport

TRAVELLERS will now be able to use WeChat Pay while shopping and dining at Changi Airport, making the Singapore airport the first in South-east Asia to accept WeChat Pay airport-wide.

Singapore, South Korea sign pacts to help SMEs, startups collaborate and go global

SINGAPORE and South Korea on Thursday signed partnerships aimed at strengthening bilateral trade and investment as well as promoting collaboration between companies from the two countries, especially for small and medium enterprises and startups.