K-Reit may raise more funds after its rights issue
K-REIT Asia will look at more forms of financing once its $551.7 million rights issue is completed, Tan Swee Yiow, chief executive of the trust’s manager, told BT. The real estate investment trust (Reit) is holding an extraordinary general meeting today to get shareholder approval for a rights issue to raise $551.7 million in gross … Read more
End of property boom in sight?
WHAT IT IS FLASH estimates of the property market’s showing in the first three months of the year will be released by the Government tomorrow. The figures, released quarterly, track prices and rents of HDB flats and private property. They are based on caveats lodged in the first 10 weeks of each three-month period. Fuller … Read more
Different families, different needs
Instead of ballots, cater to individual applicants I REFER to the letter “Oh, that elusive HDB flat” (March 28). I emphathise with Samuel Lee and his frustration about the balloting system. My family (myself, my husband and two children) is in urgent need of a flat. As such, I was advised by the Housing and … Read more
Views from the top: Business confidence sagging?
Do you agree that business confidence in Singapore is at its lowest point in several years? Why? What can be done to boost confidence here? S’pore / Region remains sound WE ARE currently witnessing a crisis of confidence brought about by several forces, including high energy and commodity prices, the sub-prime mortgage crisis, reduced liquidity, … Read more
