Business

Leyang Village is collectively sold three times, indicating that the price is reduced by 10% to 880

4 July 2025

Leyang Village currently has 362 residential units, which are a 1999-year land deed project, and there are still about 56-year house deeds left. In 2022, it launched another 980 million yuan in market for sale, ultimately failing to attract develope...

New Post s former CEO s salary is cut in half, financial report is revealed for the first time after

28 June 2025

The current chairman of the new post, Simon Israel, will step down after the shareholders' meeting on July 23 and will be replaced by Zhang Ruilian. According to the annual report, Yisheng League received 288,600 yuan in director fees throughout...

Degala subscribes to GemLife IPO and holds 16.8% of shares after dilution

20 June 2025

GemLife, an Australian resort operator of Degal, an Australian associated company listed on the main board of Singapore Exchange, officially launched its initial public offering (IPO) in Australia. Degala will subscribe to additional shares, bringin...

Haidilao restaurant operator Tehai International turned losses into profits, with net profits report

13 June 2025

In all aspects of businesses, Haidilao Restaurant's revenue increased by 4.5% year-on-year to US$188.4 million; the takeaway business revenue increased by 37.9% year-on-year to US$4 million; and the revenue of other businesses increased by 22.7%...

Keppel Co., Ltd. sells shares of two overseas companies for RMB 80 million

7 June 2025

Li Guozhao, head of the working group for asset realization acceleration of Keppel Co., Ltd., said: "CGS and Wanjiang Logistics Park have been on our balance sheet for many years, but the options for selling are limited. Our holdings in CGS are...

Singapore Association of Directors supports review of corporate governance and maintain investor con

31 May 2025

The Singapore Association of Directors (SID) believes that in the market full of uncertainties and the increasingly complex business environment, strong corporate governance is an element of maintaining investor confidence. The statement also pointe...

Japanese firm plans to acquire Temasek for support seed suppliers for $500 million

28 May 2025

Earlier this year, Axia had sold its open-air seed business to Indian company Namdhari Seeds. According to people familiar with the matter, Japanese auto parts manufacturer Denso plans to acquire Axia Vegetable Seeds Group, a Temasek-backed seed sup...

Local stock markets opened on Wednesday and fell 0.14%

22 May 2025

There were 14 overseas index components rising, with Urban Development (CDL) leading the market, up 1.27% to 4.79 yuan; followed by CapitaLand Ascendas REIT, up 1.16% to 2.61 yuan. Singapore stock market opened on Wednesday (May 21). As of 9:15 am,...

Luxury shophouse Duxton Reserve sold for RMB 80 million

20 May 2025

The hotel buyer, Lotus One Investment, is a family office established by Chandra P. Khetan in Singapore in 2016. He is the son of Mohan G. Ktan, one of the late wealthiest industrialists in Nepal. Khetan is a diversified group enterprise with busine...