The Business Times
business-time-50
SUBSCRIBERS

Corporate digest

google-preferred-sourceAdd BT as a preferred source
Published Mon, Jun 20, 2016 · 09:50 PM

MYP Ltd

MYP Ltd, through its wholly owned subsidiary Salveur Pte Ltd, has entered into a conditional sale and purchase agreement with Nine Battery Pte Ltd for the proposed acquisition of Straits Trading Building.

The purchase consideration of S$560 million is payable entirely in cash, said MYP in a filing to the Singapore Exchange on Monday night. It has already paid an initial non-refundable deposit of S$5.6 million.

MYPTranscorp

TRENDING NOW

Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

State-level minimum purchase thresholds push foreign buyers towards higher-value properties, while consent rules and other restrictions further narrow the pool of homes available to them.

That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think

Jho Low, whose whereabouts are not known, has publicly proclaimed his innocence.

Malaysian fugitive Jho Low seeks Trump pardon in 1MDB case

Shoppers in Myeong-dong in Seoul. Tourists in the Asean+3 bloc (comprising Asean's 11 member states and China, Japan and South Korea) increasingly do not carry cash, nor do they need to change currency for their trips.

Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead

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