Million
Top Glove swings back to black with RM5.5 million Q1 net profit
[ad_1] GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing its net loss of RM57.7 million in the...
SK Hynix completes deal for US$958 million in US chips grant, loan
[ad_1] THE Biden administration has cemented a deal to give SK Hynix as much as US$458 million in grants and US$500 million in loans to support an advanced chip packaging...
Elite UK Reit divesting property in England for £1.6 million
[ad_1] The sale consideration represents an 18.5% premium above the property’s valuation of £1.4 million as at Jun 30THE manager of Elite UK Reit announced in a bourse filing on...
Cromwell E-Reit divests 2 office assets in Italy for 20.9 million euros
[ad_1] This increases the Reit’s exposure to the logistics and light industrial sectorCromwell European Real Estate Investment Trust (Cromwell E-Reit) announced on Friday (Dec 20) that it has entered into...
CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal
[ad_1] CDL Hospitality Trusts is venturing into the student accommodation business for the first time, with the purchase of a purpose-built student accommodation (PBSA) in Liverpool, United Kingdom.The PBSA is...
CapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million
[ad_1] PROPERTY investment manager CapitaLand Investment (CLI), through its subsidiary The Ascott Ltd, has sold its stapled securities in CapitaLand Ascott Trust (Clas) for S$162 million, said the company in...
Oatly to shut S$30 million plant jointly invested with Yeo Hiap Seng
[ad_1] SWEDISH drink manufacturer Oatly will be shutting its Singapore plant – jointly invested with local food and beverage company Yeo Hiap Seng for S$30 million – after just three...
ST Engineering wins S$180 million in contracts for Bangkok rail project
[ad_1] THE urban solutions business of ST Engineering has bagged about S$180 million worth of contracts for the new 35.9-km mass rapid transit (MRT) Orange Line in Bangkok, Thailand.On Wednesday...
Clar to acquire and lease back DHL’s Indiana logistics property in S$150.3 million deal
[ad_1] CAPITALAND Ascendas Reit (Clar) is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million from DHL USA.The completion of the deal is...
