Aspial’s proposed privatisation of World Class Global unit gets shareholders’ nod

JEWELLERY group Aspial Corp will be taking its subsidiary World Class Global (WCG) private after gaining 98.48 per cent shareholder…

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DBS Research notes ‘compelling case’ for privatisation of Frasers Hospitality Trust

THE decision by Frasers Hospitality Trust (FHT) to redeem its S$100 million, 4.45 per cent perpetual securities may lead to…

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CDL, IOI’s South Beach complex snags S$1.22b green loan

A GROUP of lenders - DBS, UOB, Maybank, SMBC and OCBC - has provided South Beach Consortium (SBC) with a…

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Dasin Retail Trust aims to double in size

CHINESE shopping mall landlord Dasin Retail Trust's CEO Wang Qiu targets to double the market capitalisation of the business trust…

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UIC proposes name change to Singapore Land in group-wide refresh

THE proposed name change of United Industrial Corp (UIC) to Singapore Land Group is more than a cosmetic change, says…

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Hmlet lays off about 20% more staff amid financial woes

CO-LIVING startup Hmlet on Thursday laid off over 20 employees in middle and upper management roles to cut costs amid…

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UOL full-year profit dives 97% to S$13m; better second-half more than offsets H1 loss

UOL Group's FY20 net profit plunged 97 per cent to S$13.1 million, from S$478.8 million a year earlier.

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Eduardo Saverin’s venture firm enters China with ex-SoftBank partner

SINGAPORE (BLOOMBERG) - Facebook co-founder Eduardo Saverin's B Capital Group is moving into China, hiring former SoftBank Vision Fund partner…

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Singapore private home prices jump 2.9% in Q1, raising prospect of cooling measures

This is the steepest quarterly increase since the second quarter of 2018.

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