EMAS Offshore: EMAS
on Monday requested a trading suspension "with immediate
effect", according to its filing to the Singapore Exchange.
It had warned of
plans to ask for a voluntary suspension of its shares over the weekend,
following an announcement last Friday by the Oslo bourse, where the firm is
also listed, that it has suffered the same fate in Norway.
Chip Eng Seng: Construction and property development group Chip Eng Seng sold 420
units - or more than half of the project - over the first weekend sales of
Grandeur Park Residences in the heart of Tanah Merah.
The condominium
project is undertaken by Chip Eng Seng's property development arm CEL
Development. The weekend sale includes two commercial shops. The one-bedroom
units were the most sought after.
Mapletree Industrial Trust: MIT on Sunday announced that it will develop a
build-to-suit (BTS) data centre for an established data centre operator at
an estimated cost of S$60 million. The data centre development project, MIT's
third such project, will be located in Singapore's West region.
The six-storey
purpose-built data centre with a gross floor area of about 242,000 square feet
will be fully leased to the client for an initial term of more than 10 years
with staggered rental escalations and renewal options. The project is expected
to be completed in the second half of 2018.
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