CICT to divest Bukit Panjang Plaza for S$428 million

CICT to divest Bukit Panjang Plaza for S8 million

[ad_1] The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility [SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) has agreed to divest Bukit Panjang Plaza for S$428 million in cash, its manager said in a bourse filing on Wednesday (Jan 14). The sale comprises 90 strata lots, as well…

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Ciarán Hinds To Receive IFTA Lifetime Achievement Award 

Ciarán Hinds To Receive IFTA Lifetime Achievement Award 

[ad_1] The Irish Film & Television Academy (IFTA) will fete veteran actor Ciarán Hinds with its Lifetime Achievement Award at this year’s IFTA Awards Ceremony. Ciarán Hinds is an Oscar nominee, Golden Globe and BAFTA nominee, and a five-time IFTA winner. Across his decades-long career, Hinds has worked with filmmakers such as Martin Scorsese, Steven…

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Toyota raises offer for Toyota Industries by 15%

Toyota raises offer for Toyota Industries by 15%

[ad_1] [TOKYO] Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan to take the forklift maker private. The Japanese automaker had previously offered 16,300 yen per share – 2,500 yen less than the newly disclosed price…

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Luxury retailer Saks Global files bankruptcy after turnaround fails

Luxury retailer Saks Global files bankruptcy after turnaround fails

[ad_1] US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround [NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the iconic luxury retailer. The company, which operates its Saks Fifth Avenue stores along with Bergdorf Goodman and Neiman Marcus,…

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China tightens margin financing requirements to cool red-hot stock market 

China tightens margin financing requirements to cool red-hot stock market 

[ad_1] [BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock market, after onshore turnover and leverage bets hit records. China stocks, which rose more than 1 per cent in morning trade, erased gains in early afternoon after the announcement. In separate statements, bourses in…

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Jafar Panahi Implores Global Artists To Denounce Iranian “Bloodbath” In Dramatic Speech At NBR Awards: “This Is Not A Film, This Is A Reality Riddled With Bullets”

Jafar Panahi Implores Global Artists To Denounce Iranian “Bloodbath” In Dramatic Speech At NBR Awards: “This Is Not A Film, This Is A Reality Riddled With Bullets”

[ad_1] “As we stand here, the state of Iran is gunning down protestors and a savage massacre continues, blatantly, on the streets of Iran,” said Jafar Panahi at the National Board of Review gala. “I consider it my duty to call on artists and members of the global film community to speak out and not…

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‘One Battle After Another’ Star Leonardo DiCaprio Calls Cinema “Our Most Definitive Art Form,” Movingly Thanks His Mom & Paul Thomas Anderson At NBR Gala

‘One Battle After Another’ Star Leonardo DiCaprio Calls Cinema “Our Most Definitive Art Form,” Movingly Thanks His Mom & Paul Thomas Anderson At NBR Gala

[ad_1] Leonardo DiCaprio’s first film in a theater at age four was the original King Kong. His dad took him to the historic Vista cinema four blocks from his house and he recalls “crying hysterically” at the end. Over the years, “As I kept on watching, something shifted in me,” he said at the National…

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YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push

YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push

[ad_1] [SINGAPORE] Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16 vessels. It comprises six firm orders with an option for another 10 vessels. A newbuilding order refers to a formal contract placed by a shipowner with a shipyard to construct…

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