BT's Top Stories from Last Week

Published Wed, Dec 15, 2021 · 09:00 AM

    Philips seen as selling last of its Toa Payoh properties

    Word on the grapevine is that Philips appointed CBRE to conduct an expression of interest (EOI) exercise for a sale-and-leaseback of the 6-storey property, known as the Philips APAC Center. The EOI exercise is said to have been launched in September.

    Why the affluent are setting up family offices in Singapore

    The city-state's strategic location, trusted legal system and pool of experienced advisers are among reasons that make it attractive for wealth management and preservation.

    En bloc die-hard Peace Centre finally nails it with S$650m deal

    On fifth attempt, Peace Centre/Peace Mansion sold to entities linked to Chip Eng Seng, SingHaiyi.

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    ST Engineering eyes S$11b topline in 2026 with cutting edge technologies

    It plans to bump up spending on technologies to more than 75% of its R&D budget in the next 5 years, from 50-60% now.

    Investors frozen out of crypto exchange CMBDEX for almost 3 years

    Exchange also not regulated by Payment Services Act which came into force in January 2020; tie-up with Kopitiam stopped in May 2020.

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