NTT DC Reit’s Singapore public offer 9.8 times oversubscribed

NTT DC Reit’s Singapore public offer 9.8 times oversubscribed

It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO [SINGAPORE] The manager of NTT DC Reit (real estate investment trust) said the public tranche of its Singapore initial public offer (IPO) was about 9.8 times oversubscribed. Based on the 30 million units available to the…

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More Than 150 Illegal E-Bikes, Mobility Devices Seized by LTA in Last 2 Months

More Than 150 Illegal E-Bikes, Mobility Devices Seized by LTA in Last 2 Months

Singapore’s Land Transport Authority (LTA) announced on Friday, July 11, that during the previous two months, it had conducted island wide enforcement operations and detected 232 active mobility offences and seizing 151 non-compliant devices. In a Facebook post, LTA stated that it collaborated with police officers from the neighborhood police centers in Marina Bay, Punggol,…

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Singaporean Man, 23, Arrested for His Suspected Involvement in Government Official Impersonation Scam

Singaporean Man, 23, Arrested for His Suspected Involvement in Government Official Impersonation Scam

A 23-year-old man was arrested on Wednesday, July 9, for his suspected involvement in several cases of government official impersonation scam (“GOIS”). The Singapore Police Force (SPF) said on Thursday, July 10, that they received a report of GOIS involving the impersonation of a government official purportedly from the Monetary Authority of Singapore (MAS) on…

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London’s Heathrow eyes higher fees for £10b upgrade

London’s Heathrow eyes higher fees for £10b upgrade

It will add another 10 million passengers per year by 2031 at Europe’s busiest airport Published Fri, Jul 11, 2025 · 08:31 PM [LONDON] London’s Heathrow Airport on Friday (Jul 11) said it plans to invest £10 billion (S$17.2 billion) over the next five years in upgrades to boost passenger numbers, largely funded by higher…

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Indonesia detains Trafigura employee in US$17 billion graft case

Indonesia detains Trafigura employee in US billion graft case

[JAKARTA] Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned PT Pertamina, widening one of the nation’s largest corruption investigations in recent decades.  The Indonesian attorney general’s office (AGO) said late Thursday (Jul 11) that it had held eight suspects, and was pursuing…

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