Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6

Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its proposed…

Continue ReadingFrasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6

SembWaste rebrands to Cora Environment, commits S$200 million to waste management growth

The investment will boost its core capabilities, support upgrades to existing facilities[SINGAPORE] SembWaste, now known as Cora Environment, will invest US$200 million to drive its transformation and growth in waste…

Continue ReadingSembWaste rebrands to Cora Environment, commits S$200 million to waste management growth

Vietnam probes suspected cyberattack on its national credit information database

This comes after an international hacker group offers to sell a ‘full country’ credit database containing ‘very sensitive information’[HO CHI MINH CITY] A suspected data breach has been identified at…

Continue ReadingVietnam probes suspected cyberattack on its national credit information database

Sembawang EC site sees tepid response; JBE unit tops tender with S$692 psf ppr bid

Site for small 265-unit executive condominium attracts four bids, including lowball S$381 psf ppr offer[SINGAPORE] JBE Holdings-owned Oriental Pacific Development topped four bids for an executive condominium (EC) site in…

Continue ReadingSembawang EC site sees tepid response; JBE unit tops tender with S$692 psf ppr bid

Evia, Gamuda, Ho Lee consortium places top bid of S$1.01 billion, or S$980 psf ppr, for Yishun site

The 99-year leasehold commercial and residential site in Chencharu Close, near Khatib MRT station, draws total of three bids in a state tender[SINGAPORE] A mixed-use commercial and residential site in…

Continue ReadingEvia, Gamuda, Ho Lee consortium places top bid of S$1.01 billion, or S$980 psf ppr, for Yishun site

Platform operators, government to crack down on illegal work as recommended by trilateral group

[SINGAPORE] Platform operators and the government will take stronger action against illegal activity that undercuts local platform workers, following recommendations from a trilateral group.Six of the 10 recommendations from the…

Continue ReadingPlatform operators, government to crack down on illegal work as recommended by trilateral group