News

Board member Chew Choon Seng to be appointed as Chairman from 1 January next year.

Grade A commercial property in downtown Shanghai with 42,000 sq. metres lettable area to be rebranded. Ascendas, Asia’s leading business space solutions provider, is pleased to announce on Monday the acquisition of Cross Tower, by the Ascendas China Commercial Fund (ACCF). Following the acquisition, Cross Tower will soon be rebranded.

Starhub’s net profit is projected to increase to S$216.5m in FY2010E following the announcement of plans for NGNBN, said Phillip Securities Research.

Li Jian Hong vacated the post after his appointment as president of China Merchants Group.

Launches new plans and cloud-computing solutions as it aims to deliver 150+ pay TV channels.

Multi-product commodity and currency derivatives exchange builds upon its proven and scalable systems and risk management.

Reported 10% daily average value traded growth and 19% year-on-year surge in overall derivatives trading volume.

Singapore Airlines partners with TWA to fund marketing campaigns and promote inbound tourism to Western Australia.

Company plans to issue single charge for its pan-regional roaming network in eight Asian countries.

Present rail network not enough for Singapore's growing population currently at around 5mln.

Company provides a range of other competitive plans for high speed services using new fibre network.

Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.

Seeks feedback on adoption of sustainability reporting and policy guidelines as holistic approach towards corporate disclosure.

Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.

Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.

Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.