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ONE month after China tightened its tax rules on offshore trusts, wealthy Chinese are racing to assess their tax exposure and rethink cross-border structures, sending ripples across Singapore and the region’s wealth management industry ahead of...
The benchmark Straits Times Index lost 44.99 points on Tuesday (Sep 1) to finish at 5,710.37. Losers beat gainers 324 to 238, after 1.4 billion securities worth S$2.1 billion were traded.
It said: “Hong Kong offers the market environment and investor relevance to support JFCI’S (Jollibee Foods Corporation International) long-term ambitions.” It did not elaborate on why it abandoned the US listing plan.
The real estate investment trust and Keppel will jointly own nearly all of Tokyo Data Centre 4 and Tokyo Data Centre 5, which are freehold, hyperscale fully-fitted co-location facilities in Inzai City.
Developer Singapore Land is embarking on a large-scale overhaul to transform the 9.2-hectare downtown complex into a multi-use development by 2031.
