CDL to sell first tranche of S$1b Islamic bond by year-end
SINGAPORE: City Developments (CDL) will sell the first tranche of its S$1 billion denominated Islamic bond, or Sukuk, by the end of this year.
The property developer has tied up with Malaysian lender CIMB to issue the first corporate Sukuk offering in Singapore.
It also [...]
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Palm oil chairman, shareholder join Singapore billionaire list
SINGAPORE – The chairman of palm oil giant Wilmar International and one of the company’s shareholders have joined the ranks of Singapore billionaires, Forbes said on Thursday.
The addition of Kuok Khoon Hong and Peter Lim brings to seven the number of billionaires in the city-state, according to [...]
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Ng Teng Fong’s family leads rich list in Singapore
Property magnate Ng Teng Fong and his family have retained the top spot on this year’s list of Singapore’s richest people.
Forbes Asia magazine says the Ng family’s wealth rose 300 million US dollars from last year, to 7 billion US dollars this year.
The Ng family control [...]
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CityDev to issue 1st trance of S$1b bond programme by year-end
Singapore-listed City Developments will issue the first trance of its planned 1 billion Singapore dollar-denominated Islamic bond programme, by the end of this year.
The property giant may inject its own properties in the bond securities.
The bond issue is the first corporate Islamic Sukuk offering [...]
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There is a need tomanage demand forland and its increase in value across the island
Tan Chin Wei andChua Yang Liang
ONE of the highlights of Singapore’s Draft Master Plan 2008 is to bring jobs closer to home.
Economists point out that it makes financial sense for firms to locate in suburban areas. What then [...]
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