Developers in SG & PRC also hit by falling margins
Land now accounts for 60 per cent of total development costs in Singapore, Morgan Stanley says. Photo: AFP (18 March) The decline in profit margins at Hong Kong developers is not unique to the city, as property firms on the mainland and in Singapore also face pressure on margins from the rising cost of land, construction...
MH370: Australia Satellite Photos Show Two Objects
Object 2 that is possibly associated with the missing flight MH370 search in the Indian Ocean off of Australia. (20 March) Australian authorities Thursday afternoon released two satellite images of two objects in the Indian Ocean that could be related to the missing Malaysia Airlines jet. The images released by the Australian...
A chance to sell Olam at S$2.23?
Commodities trader Olam International (SGX: O32) has today announced that a consortium of investors and existing shareholders, led by Breedens Investments Pte. Ltd., would be offering to buy over shares of the company that other shareholders own at price of S$2.23 each. Concurrently, Breeden also has the intention to make an...
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