Keppel Reit to acquire additional one-third stake in MBFC Tower 3

Keppel Reit to acquire additional one-third stake in MBFC Tower 3

Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU [SINGAPORE] Keppel Reit has agreed to acquire an additional one-third interest in Marina Bay Financial Centre (MBFC) Tower 3 for an agreed property value of S$1.45 billion, the manager of the Reit announced on Thursday (Dec 11). The…

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Capella, Micron, DHL, ST Telemedia: Almost one-third of firms on regional list of top employers have Singapore presence

Almost one-third of firms on regional list of top employers have Singapore presence

The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam [SINGAPORE] Almost one-third, or 32, companies on a list of the top 100 employers to work for in South-east Asia have a presence in Singapore. The first Fortune 100 Best Companies to Work For list for South-east Asia was published…

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Buffett’s Berkshire sells one-third of VeriSign stake for US$1.23 billion

Buffett’s Berkshire sells one-third of VeriSign stake for US.23 billion

BERKSHIRE Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett’s conglomerate has invested in since 2012, VeriSign said on Monday. The sale of 4.3 million VeriSign shares at US$285 each generated gross proceeds of about US$1.23 billion, reducing Berkshire’s ownership stake to 9.6 per…

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Nearly One-third Of Pacific Nation Tuvalu Seeks Australian Climate Visa

Nearly One-third Of Pacific Nation Tuvalu Seeks Australian Climate Visa

Nearly one-third of citizens in Pacific nation Tuvalu are seeking a landmark climate visa to live in Australia as rising seas threaten their palm-fringed shores, official figures obtained by AFP show. Australia is offering visas to 280 Tuvalu citizens each year under a climate migration deal Canberra has billed as “the first agreement of its…

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Unilever to cut one-third of European office jobs by 2025

Unilever to cut one-third of European office jobs by 2025

Unilever is cutting a third of its office staff in Europe, as the consumer goods group pushes ahead with plans to slash 7,500 jobs worldwide.  The Dove soap maker, which employs 128,000 people globally, said in a company-wide call that as many as 3,200 roles would be removed in Europe by the end of next…

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