Property

Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market

Amount is about 38% higher than what it paid 18 years ago, and 5% above the latest valuation

Asking price translates to land rate of S$1,495 per square foot per plot ratio for the mixed-use site, with sizeable unused development potential

This translates to roughly S$295 per square foot

As real estate prices rise, Hanoi is turning the rental market into a crucial pillar of its policy

With its primary business sold away and stock price flagging, its continued public listing has come into question

The sale of its main brokerage business for US$1 is the latest in a string of issues since its Nasdaq listing

Strategically, the move gives the group the master key to the entire Valley Point site

The property was eventually sold for £6.75 million less than was initially agreed