Li’s firm set to pocket US$2B from Temasek’s investment
Li Ka Shing Temasek Holdings is making its largest investment into a company by buying a 24.95% stake in Li Ka-shing's A.S. Watson for US$5.7 billion (S$7.2 billion). Temasek will be acquiring the stake from Li's Hutchison Whampoa Ltd. With Temasek's investment, Watson is valued at about US$22.8 billion. This is about 23.7 times...
AHPETC to revise S&CC rates only for 3-rm & above
After resisting to increase the service and conservancy charges (S&CC) for as long as it could, the Aljunied-Hougang-Punggol East Town Council (AHPETC) announced yesterday (21 Mar) that it will increase its S&CC with effect 1 April, next month. It's the first time WP is raising the charges since it took over the management...
Dr Amy Khor: Need to put hospital bed crunch in context
Dr Amy Khor At a post-Budget feedback forum on healthcare yesterday (20 Mar), 150 or so citizens were seen fighting for air time to ask Health Minister Gan Kim Yong and Senior Minister of State for Health Amy Khor questions on healthcare issues, the media reported. Many of them were concerned about the affordability of health...
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