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Nike climbs as Apple’s Tim Cook buys US$3 million in stock
[ad_1] [NEW YORK] Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of the sportswear...
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
[ad_1] The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025[SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight...
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
[ad_1] Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
[ad_1] The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company[SINGAPORE] A Malaysian unit of CNMC Goldmine has been...
Coliwoo disposes Pasir Panjang co-living space in S$43.9 million sale-and-leaseback deal
[ad_1] It will sell its 80% stake in Coliwoo PP, which owns and manages Coliwoo Hotel Pasir Panjang [SINGAPORE] Co-living operator Coliwoo has entered into a sale-and-leaseback agreement to dispose...
Coliwoo disposes Pasir Panjang co-living hotel space in S$43.9 million sale-and-leaseback deal
[ad_1] Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes [SINGAPORE] Coliwoo has entered into...
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
[ad_1] Following the divestment, the trust’s exposure to Italy will fall from 18% to 17%[SINGAPORE] The managers of Stoneweg Europe Stapled Trust (Sert) on Friday (Dec 19) said that it...
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
[ad_1] INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery delivery platform deceived consumers about its Instacart+ membership...
Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million
[ad_1] [SINGAPORE] ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million.Located in Memphis, Tennessee,...
