|
|
Article: SINGAPORE NEWSPAPER HIGHLIGHTS - SEPT 23, 2009.
- Article from:
- AsiaPulse News
- Article date:
- September 23, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SINGAPORE, Sept 23 Asia Pulse - Highlights of today's newspapers:
BUSINESS TIMES:
- The Government of Singapore Investment Corporation (GIC) has sold nearly half its shares in Citigroup for a profit of US$1.6 billion, leaving it with a 4.9 per cent stake in the US bank.
- City Developments Ltd (CDL) has bought partner Elad Group's half-share in their equal joint-venture company that owns the Futura condo site at Leonie Hill in Singapore, for about $35.1 million.
- Analysts say that Olam International's A$128 million (S$156 million) purchase of an 8,000 hectare almond orchard in Australia is a 'steal' but caution that the deal exposes ...