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Paragon Reit to divest The Rail Mall for S$78.5 million
[ad_1] Divestment to be completed in H2 2024, and is not expected to affect net asset value or distribution per unit for FY2024 PARAGON Real Estate Investment Trust has entered into...
Former hedge fund trader builds US$135 million burrito fortune
[ad_1] WHEN Steven Marks moved to Australia in the early 2000s, he was struck by the quality of Mexican food. It was, in his opinion, dismal. The Long Island native,...
Top Glove shares climb as glove maker swings back into the black with RM50.7 million profit
[ad_1] SHARES of Top Glove Corporation soared after the Malaysian glove maker on Wednesday (Jun 19) reported a net profit of RM50.7 million (S$14.5 million) for the third quarter ended...
Barclays’ UK corporate bank to cut costs by £100 million, expand lending
[ad_1] BARCLAYS will cut about £100 million (S$172 million) of annual costs from its UK corporate banking business by 2026, it said on Tuesday (Jun 18), under broader plans to...
Mooreast to acquire 1.1 million sq ft facility from Seatrium for S$13.5 million
[ad_1] A MOOREAST Holdings unit intends to acquire a facility about 1.1 million sq ft in size from a subsidiary of Seatrium, which will quadruple the anchor manufacturer’s production capacity,...
Trafigura agrees to pay US$55 million to settle CFTC charges
[ad_1] A UNIT of global commodities trader Trafigura has agreed to pay a US$55 million civil fine to settle US Commodity Futures Trading Commission (CFTC) charges of fraud, manipulation and...
Berkshire Hathaway sells HK$310.5 million of shares in China’s BYD
[ad_1] BERKSHIRE Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of electric-vehicle maker BYD for HK$310.5 million (S$53.8 million), a stock exchange filing...
ST Engineering bags over S$100 million of ammunition orders from Europe
[ad_1] SINGAPORE Technologies Engineering (ST Engineering) has won ammunition orders of more than S$100 million in total value from Europe between April and early June, the group announced on Monday...
