April 16, 2025
Fixed Assets

Sinarmas Land Shares Soar As Billionaire Widjaja Family Offers To Take Developer Private

Sinarmas Land is one of the biggest developers of prime office buildings in Jakarta. © 2021 Bloomberg Finance LP Shares of Sinarmas Land jumped to a seven-year high after the Widjaja family offered to take the Singapore-listed developer private in a deal valuing the company at S$1.3 billion ($985 million). Lyon Investments—controlled by the Widjaja

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Financial Assets

Equinix issues its first Singaporean green bonds, raising $375mln

SINGAPORE – U.S. digital infrastructure company Equinix said on Tuesday that it has issued S$500 million ($375 million) in green bonds in its inaugural offering in the Singaporean market. The Nasdaq-listed company said in a statement it intended to allocate an amount equal to the net proceeds from the green bonds to recently completed or

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Operating Assets

Singapore Billionaire Kwek Leng Beng Sues Son In Battle For Control Of Property Giant City Developments

Billionaire Kwek Leng Beng, executive chairman of City Developments (left) speaks as Sherman Kwek, … [+] group CEO, looks on during a news conference in Singapore, on Aug. 11, 2017. © 2017 Bloomberg Finance LP Real estate billionaire Kwek Leng Beng has disclosed that he has filed a lawsuit in Singapore against his son, Sherman,

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Operating Assets

Singapore, Japan To Remain Property Hot Spots As Global Investors Diversify: JLL CEO

Singapore Marina bay area. getty The real estate markets of Australia, Japan, Korea and Singapore will remain hot spots in the next few years as global investors seek to diversify their portfolios with demand for real estate in China and Europe continues to be soft, according to Christian Ulbrich, global CEO and president of property

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Intangible Assets

Singapore’s unicorn Patsnap to expand AI-powered patent search

By Vietnam News Agency Tue, August 20, 2024 | 11:12 pm GMT+7 Patsnap, a Singaporean startup that helps businesses search for and analyze patent information, is starting to offer more services tailored to specific industries by increasingly tapping generative artificial intelligence (AI). Guan Dian, PatSnap’s co-founder and Asia-Pacific general manager. Photo courtesy of caixinglobal.com.

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Financial Assets

Two Chinese Bankers Charged In Singapore Money Laundering Case

Text size Two former bank employees, both Chinese nationals, were charged in Singapore on Thursday in connection with the city-state’s biggest money laundering case, police said. Assets worth more than Sg$3.0 billion ($2.3 billion) — including upmarket properties, luxury cars and gold bars — were seized in massive police operations that began in August last

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