JTC releases 4 sites in Tuas South for
tender
JTC Corporation (JTC) has launched four small
plots of land for industrial development along Tuas South Streets 6, 11
and 13 for sale by public tender on Friday.
The tender will close at 11 am on Feb 7, 2014.
All four sites are zoned for Business 2 development and are being offered on a lease of 21 years and five months.
The sites have land areas ranging from 4,551.4 square metres to 7,447.4 sq m and a 1.0 plot ratio (ratio of maximum gross foor area to land area).
(Source: The Business Times)
The tender will close at 11 am on Feb 7, 2014.
All four sites are zoned for Business 2 development and are being offered on a lease of 21 years and five months.
The sites have land areas ranging from 4,551.4 square metres to 7,447.4 sq m and a 1.0 plot ratio (ratio of maximum gross foor area to land area).
(Source: The Business Times)
Changi on track for record year
CHANGI Airport handled 4.46 million passenger
movements in November, up 2.3 per cent year-on-year, taking the total number
of passengers for the period January to November to more than 48.6 million.
This puts the airport on track to beat the 51.2 million passengers which passed through Changi last year.
Air traffic movements for November rose 6.9 per cent to 29,500 flights, while airfreight movements grew 2.4 per cent year-on-year, with 161,000 tonnes of cargo handled during the month.
Year-to-date, Changi Airport has handled close to 1.7 million tonnes of cargo, a marginal increase of 0.9 per cent compared to the corresponding period last year, while year-to-date aircraft movements totalled 312,800, up 5.8 per cent.
Source: The Business Times)
This puts the airport on track to beat the 51.2 million passengers which passed through Changi last year.
Air traffic movements for November rose 6.9 per cent to 29,500 flights, while airfreight movements grew 2.4 per cent year-on-year, with 161,000 tonnes of cargo handled during the month.
Year-to-date, Changi Airport has handled close to 1.7 million tonnes of cargo, a marginal increase of 0.9 per cent compared to the corresponding period last year, while year-to-date aircraft movements totalled 312,800, up 5.8 per cent.
Source: The Business Times)
F&N to return S$607m to shareholders
Conglomerate Fraser and Neave (F&N) is
proposing to return S$607 million to shareholders, or 42 Singapore cents
a share, via a capital reduction exercise.
The exercise will not result in a cancellation or change in the number of shares, F&N said.
F&N, one of Singapore's oldest conglomerates, is spinning off its property business into Frasers Centrepoint Limited and will be left with a food and beverage, publishing and printing business.
The capital reduction comes after management reviewed the capital structure and leverage position of the company and decided that capital is more than what is needed for an efficient capital structure, F&N said.
Source: The Business Times)
The exercise will not result in a cancellation or change in the number of shares, F&N said.
F&N, one of Singapore's oldest conglomerates, is spinning off its property business into Frasers Centrepoint Limited and will be left with a food and beverage, publishing and printing business.
The capital reduction comes after management reviewed the capital structure and leverage position of the company and decided that capital is more than what is needed for an efficient capital structure, F&N said.
Source: The Business Times)
Firms welcome exemption to Do Not Call
rules but Consumer Association calls it "back pedalling"
BUSINESSES like telco, StarHub, welcome the
latest exemption to a ruling which will bar organisations from sending
users telemarketing messages.
The exemption order will allow businesses to continue to send text or fax messages to their existing customers on related products and services, without the need to first check if the customers are listed in the Do-Not-Call Registry.
The Personal Data Protection Commission (PDPC), which aims to safeguard individuals' personal data against misuse, said the new exemption order will kick in next Thursday, when the Do Not Call (DNC) provisions come into force. Anyone who has registered their phone number indicates that they do not want unsolicited calls, messages or faxes from telemarketers. Businesses will have to check the registry to ensure they do not disturb these consumers on the list.
"We welcome this exemption, as it demonstrates that the PDPC takes a practicable approach to balance protection of customers, and practicality,'' Jeannie Ong, Chief Marketing Officer at StarHub said.
Source: The Business Times)
The exemption order will allow businesses to continue to send text or fax messages to their existing customers on related products and services, without the need to first check if the customers are listed in the Do-Not-Call Registry.
The Personal Data Protection Commission (PDPC), which aims to safeguard individuals' personal data against misuse, said the new exemption order will kick in next Thursday, when the Do Not Call (DNC) provisions come into force. Anyone who has registered their phone number indicates that they do not want unsolicited calls, messages or faxes from telemarketers. Businesses will have to check the registry to ensure they do not disturb these consumers on the list.
"We welcome this exemption, as it demonstrates that the PDPC takes a practicable approach to balance protection of customers, and practicality,'' Jeannie Ong, Chief Marketing Officer at StarHub said.
Source: The Business Times)
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