Transport & Logistics
LTA awards $573m MRT line repair deals
LTA awards $573m MRT line repair deals
The deals will focus on renewing the power supply on the North-South and East-West Lines.
SingPost logistics rises from loss to $4.9m profit amidst pressures
Delivery volumes in SP Parcels, Couriers Please, and Famous Holdings increased.
ComfortDelGro buys 51% stake in CDGI
It has a total cash consideration of $22.9m.
ComfortDelGro to acquire UK-based NAT Group for $25m
It aims to expand its bus and coach operations outside of London.
Lack of megadeals drag private industrial investment sales by 78.5% in Q4
Total transactions hit $623.9m.
Keppel Logistics increases stake in UrbanFox for $17m
It will be used to boost growth.
ComfortDelGro expands taxi business in China by up to $15m
It will also invest in a new repair workshop in Jilin City.
SingPost's domestic mail revenue to fall by 5% until 2020
Customers are migrating towards electronic statements and bills.
ComfortDelGro's earnings to increase up to 3% by 2021
Its petrol sales may offset declining diesel sales.
SingPost's profits up 11.9% to $35.16m in Q3
Improved postal, logistics, and e-commerce performance boosted revenue.
Cache buys nine Australian warehouses for $188.3m
They have an average lease expiry of five years and a 98.1% occupancy.
No retreat, no surrender: Uber insists on joining Singapore's ride-hailing fray
Its head in Asia said it wants to offer faster booking and cheaper rides.
SingPost disposes indirect subsidiary
FPS Famous Pacific Shipping has a cash consideration of $1.59.
Is Keppel T&T cooking up a megaproject?
A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.
Frasers Logistics and Industrial Trust shows robust acquisition targets
Australian states form 39.2%, 30% and 28.2% of FLT’s portfolio.
GLP goes private and closes Singapore's largest M&A deal
It delisted from the SGX-ST on 22 January.
Mapletree Logistics Trust's NPI up 3.9% to $83.02m in Q3
Thanks to higher revenue from its acquired properties in Hong Kong and Australia.
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