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A-REIT to acquire properties totaling S$228.5mln

DBS Asia Hub, 31 Joo Koon Circle and a property under development aimed boosting company’s portfolio.

A-REIT to acquire properties totaling S$228.5mln

DBS Asia Hub, 31 Joo Koon Circle and a property under development aimed boosting company’s portfolio.

HDB launches 2 BTO projects in Punggol and Woodlands

The Housing and Development Board is launching two build-to-order projects, offering a total of 1,534 flats.

Latitude Tree profits up to S$11.5 M on higher sales

Latitude Tree International Group Ltd. reported Thursday a 126.4% surge in net profit to S$11.5 million for the six months ended December 31, 2009 (HY2010).

China Fishery profits up by 12.5% due to increased catch

China Fishery Group Ltd. announced Wednesday its net profit went up 12.5 percent to US$18.3 million from US$16.2 million.

KSH profits up by 55% on lower cost of construction

Construction and property development group KSH Holdings Ltd. revealed a 55 percent growth in net profit to S$15.3 million for the nine months ended 31 December 2009, on revenue of S$207.4 million.

Boustead profits up to S$28.9M on water projects

Mainboard-listed and infrastructure-related engineering services and geo-spatial technology group Boustead Singapore Limited announced it gained S$28.9 million in profits for 9M FY2010.

Experienced executives make up Singapore Airlines' new set of senior managers

Singapore Airlines announced Thursday its new set of senior managers, all with years of experience as executives in SIA.

ST Kinetics inks US$20.9M arms contract with Brazilian Navy

Singapore Technologies Engineering Ltd. announced its land systems arm, ST Kinetics, has won a weapons contract worth US$20.9 million, or about S$29.4 million, from the Brazilian Navy.

CSC rakes in $224M revenue for first nine months of FY10

Geotechnical engineering specialist CSC Holdings has reported a net profit of $19.8 million on revenue of $224.0 million, for the nine months ending 31 December 2009.

SingTel clinches Carling Cup

Singapore Telecommunications Limited (SingTel) announced Friday its mio TV has clinched exclusive broadcast rights to the 2009-2010 Carling Cup Final.

Sembcorp Marine bares strategic shipyard expansion in Brazil

Sembcorp Marine revealed Thursday its wholly-owned subsidiary Jurong Shipyard (JSPL) will be building a new shipyard in Brazil to facilitate operations in one of the fastest growing offshore oil and gas exploration and production markets in the world.

Crust Gourmet Pizza Bars expands into SIngapore

Crust Gourmet Pizza Bars is looking into new markets not only in Australia but also oversees as it opens its 50th store.

Singapore Exchange improves monthly market statistics report

SGX intensifies service by consolidating and providing additional information on various financial markets.

MotorMuse launches online car portal

Now you can buy or sell a car online in Singapore. Singapore-based online automobile marketing company, MotorMuse Private Limited, today launched a new web portal, www.MotorMuse.com, allowing individuals and dealers are able to post their cars for sale on the site for free. Says MotorMuse Founder & Managing Director, Damien Pang said: “Buying or selling a vehicle means having to deal with 3rd parties, time spent sourcing prices and quotes from numerous sources and then the whole process of actually handling the ton of paperwork involved.” The site would provide expert and impartial service for the customer instead of the customer having to seek it himself. Its mobile broking service offered under the company’s Buy/Sell Assist program, takes care of the messy paperwork involved in trading used vehicles. It also coordinates & facilitates deals between individuals, settles agreements,pre-purchase inspections & reports, finance, e-transfer, insurance and offers warranties for used cars, all at low prices. Billing itself as “more than just a website”, MotorMuse.com allows Singapore consumers to surf the automotive turf with a simple, interactive platform to browse, buy and sell cars 24/7. The portal, which also caters to distributors and dealers, offers an extensive repository of online news articles, videos and motoring knowledge for visitors to the site. MotorMuse Partner, Mike Amour said: “We're all consumers ourselves, and the idea came from extensive feedback from the market, industry partners and consumers, all of whom have echoed the same sentiments – that of wanting more choice. The simple premise of MotorMuse is to give the market another option. MotorMuse empowers people with a service that makes the business of buying and selling cars as easy, informed, secure and hassle-free as possible”. MotorMuse is a digital media company that provides an integrated platform for exporters, dealers and private buyers & sellers to buy and sell cars locally and internationally.

Mohammed Sultan Road site up for tender, $9,333,333 bid already offered

The Urban Redevelopment Authority is offering up the office site for tender in approximately 2 weeks. The land parcel was made available for sale through the Reserve List System on 31 October 2008. Under the Government’s Reserve List System, the Government will put up a Reserve List Site for public tender if it receives an application from a developer who commits, by signing an agreement and paying a deposit of 5% of the bid price, to bid for the site at or above the minimum price which is acceptable to the Government. The exact launch date will be announced later. The tender period for the land parcel will be about five weeks.