The Business Times
business-time-50

Corporate Digest

google-preferred-sourceAdd BT as a preferred source
Published Thu, Mar 24, 2016 · 09:50 PM

Low Keng Huat

CONSTRUCTION firm Low Keng Huat is proposing to sell its Vietnam hotel subsidiary for 1.1 trillion Vietnamese dong (S$67.6 million).

Low Keng Huat owns Vinametric Limited, which owns and operates Duxton Hotel Saigon in Ho Chi Minh City's District 1. The hotel was valued by CBRE at US$40 million in an April 1, 2014, report.

Corporate Digest

TRENDING NOW

BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

The 302-unit Cape Royale, completed in 2013, has been the last major new condominium development in Sentosa Cove. 

Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023

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