Ailing firms find new lease of life in real estate
Singapore
WHEN the going gets tough, many companies turn to property as a possible panacea - with several of them unveiling plans in recent months to diversify into the sector.
These include A-Smart Holdings, MS Holdings and Katrina Group, which have separately announced intentions to acquire land or own real estate - veering away from their core businesses of printing, crane rental, and food and beverage respectively.
TRENDING NOW
MedPark’s assistant CEO runs a hospital where patients, physicians precede profits
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
NDR 2026: Singapore to create new Western island to support 'new generation of industries'