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High Point back on market after HK-listed buyer pulls out of deal FREEHOLD condominium High Point is taking another shot at a collective sale with a reserve price of S$550 million after Hong Kong-listed developer Shun Tak Holdings called off the en bloc deal in December.
Hotels aim to have net-zero emissions by 2050; to start tracking emissions in 2023 HOTELS in Singapore have aimed to start tracking its carbon emissions by next year, and achieve net-zero emissions by 2050, as part of targets set out in a sustainability roadmap launched by the Singapore Hotel Association (SHA) and the Singapore Tourism Board (STB) on Monday (Mar 21).
MNACT unitholders appeased by all-cash option of S$1.1949 per unit in proposed merger with MCT THE managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) are now offering MNACT unitholders the option to receive the entire scheme consideration of their proposed merger, of S$1.1949 per unit, wholly in cash.
Koufu offeror exercises right of compulsory acquisition, plans delisting DOMINUS Capital has exercised its right of compulsory acquisition from dissenting shareholders of Koufu at S$0.77 in cash per share.
Asean banks not all ready to meet climate targets: Moody's BANKS in South-east Asia are at varying levels of readiness to meet their carbon neutrality targets, with insufficient data and disclosures posing challenges for banks to incorporate climate risks in their loan underwriting, said Moody's Investors Service.
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Lakeside Apartments to go up for collective sale again at S$240m LAKESIDE Apartments at 9E, 9F Yuan Ching Road will be put up for collective sale again on Mar 22 at a reserve price of S$240 million, marketing agent PropNex Realty said on Monday (Mar 21).
The STI today
STI climbs 0.8% buoyed by Wall Street's exuberance, potential Russia-Ukraine peace pact
SINGAPORE shares climbed higher on Monday (Mar 21) as traders digested news over the weekend of a possible Russia-Ukraine peace pact, and sentiments were buoyed by an exuberant session on Wall Street last Friday.
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