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Xinren Aluminum unit acquires 55% stake in coal supplier for $18 million PDF Print E-mail

Tags: XinRen Aluminum Holdings

Written by The Edge   
Thursday, 18 September 2014 21:07

Xinren Aluminum Holdings said its 51%-owned subsidiary, Xinjiang Production and Construction Corps Agricultural Division Eight Xinjiang Tianshan Aluminum Plant Co., has acquired 55% stake in Xinjiang Tianfu Coal Mining Co. for RMB88.6 million ($18.3 million).

Last Updated on Thursday, 18 September 2014 21:08
 
Keppel REIT to buy Singapore office stake for $1.25 billion: Update PDF Print E-mail

Tags: Keppel Land | Keppel REIT

Written by Bloomberg   
Thursday, 18 September 2014 20:44

Keppel REIT, the second-biggest office property trust in Asia excluding Japan, will buy a stake in a Singapore office tower from Keppel Land valued at $1.25 billion.

The trust agreed to buy a one-third stake in Marina Bay Financial Centre Tower 3 from its sponsor Keppel Land, it said today in a statement. Keppel REIT is seeking to raise $228 million in a placement by selling units at $1.17 each and will separately issue $185 million of new units to Keppel Land, its biggest investor, it said.

Last Updated on Thursday, 18 September 2014 21:11
 
DeClout to create games distribution platform Epicsoft Asia with local veteran gamer PDF Print E-mail

Tags: DeClout

Written by The Edge   
Thursday, 18 September 2014 20:44

Catalist-listed DeClout said wholly-owned subsidiary Corous360 has entered into a joint venture agreement with local games veteran Jacky Choo See Wee, to create Epicsoft Asia, a games distribution platform for Asia Pacific.

Choo will assume the role of CEO of the joint venture company.

Last Updated on Thursday, 18 September 2014 20:51
 
Keppel REIT to buy Singapore office stake for $1.25 bil PDF Print E-mail

Tags: Keppel REIT

Written by Bloomberg   
Thursday, 18 September 2014 17:59

Keppel REIT, the second-biggest office property trust in Asia excluding Japan, will purchase a stake in a Singapore office tower from Keppel Land valued at $1.25 billion

The trust agreed to buy a one-third stake in Marina Bay Financial Centre Tower 3 from its sponsor Keppel Land, it said in a statement today. Keppel REIT is seeking to raise $228 million in a placement by selling units at $1.17 each and will separately issue $185 million of new units to Keppel Land, its biggest investor, it said.

Last Updated on Thursday, 18 September 2014 20:03
 
Singapore beats Hong Kong in health efficiency PDF Print E-mail
Written by Bloomberg   
Thursday, 18 September 2014 12:58

Singapore overtook Hong Kong to top a ranking of the most-efficient health-care systems, as the government boosts spending on medical services to support an aging population.

The Southeast Asian nation was rated first among 51 countries, according to an annual ranking compiled by Bloomberg that tracks factors including life expectancy, the cost of health care as a percentage of gross domestic product and total medical expenditure for each person. Hong Kong dropped to second place and Italy was ranked third, while the U.S. was 44th and Russia last.

Last Updated on Thursday, 18 September 2014 13:00
 
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