Frasers Hospitality appoints Koh Teck Chuan as CEO.
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Stocks to watch: Far East Hospitality Trust, Capital World, Perennial, Frasers Property, HPH TrustTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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Far East Hospitality Trust DPS up 3.1% for Q4FAR East Hospitality Trust saw distribution per stapled security (DPS) rise 3.1 per cent to one Singapore cent for the fourth quarter ended Dec 31, 2018, from 0.97 Singapore cent a year ago, the trust manager announced on Wednesday morning. This came on the back of a 4.9 per cent rise in income available for distribution to S$19.1 million, from S$18.2 million for the year-ago period. Read more at The Business Times.
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SG Cybercrimes: Can David (Koh) battle with Goliath?Despite Singapore being rated the most advanced digital economy in Asia and after establishing itself as a leading hub for innovation, the country continues to grapple with cyber security threats that...
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Firm action against blackout culprits responsible for recent power outage in central Singapore: Koh Poh KoonThe authorities will take firm action against those found responsible for the equipment failure that caused a recent blackout in central Singapore, Senior Minister of State for Trade and Industry Koh Poh Koon said in a Facebook post yesterday.. Read more at straitstimes.com.
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Frasers Property Q1 net profit jumps 76%FRASERS Property posted a 76.1 per cent increase in its first quarter profit to S$145.6 million, boosted by sales of residential development projects in Australia and China, as well as an enlarged base of recurring income assets. Read more at The Business Times.
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Frasers Property to buy 17.8% stake in PGIM Real Estate Retail FundFRASERS Property Limited has entered into a conditional sale and purchase agreement to acquire a 17.8 per cent stake in PGIM Real Estate Asia Retail Fund Limited (PGIM Real Estate) for some S$356.4 million, subject to a dividend amount payable in respect of the sale shares for the fourth quarter of 2018. Read more at The Business Times.
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Stocks to watch: DBS, Hyflux, iX Biopharma, Frasers Property, Challenger, CourtsTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
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