The Business Times
business-time-50
SUBSCRIBERS

AusGroup wraps up sale of Singapore assets

google-preferred-sourceAdd BT as a preferred source
Published Thu, Feb 2, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

MAINBOARD-LISTED offshore and marine player AusGroup has reported a gain of about A$1.3 million (S$1.4 million) from the sale of its assets and equipment in Singapore for US$3 million.

The buyer has paid 75 per cent of the agreed US$3 million consideration and the remaining will be settled in due course, AusGroup said after Thursday trading close.

ausgroup

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Lim's pay package includes about S$3.6 million as salary and around S$3.9 million as bonus, indicates the company's annual report.

Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

Those aged below 30 account for the largest share of overqualification.

More workers in Singapore opt for jobs for which they are overqualified: MOM, NTUC studies

While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

Higher costs, lower returns: Why are Singaporeans still betting on real estate?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More