Wednesday, October 1, 2014
Mainboard-listed Hiap Hoe plans to sell 39 shop units, most of which are strata-titled units in Parklane Shopping Mall, in line with its plan to divest non-core assets even as it capitalises on healthy investor demand for retail space.
The property developer has hired consultancy firm JLL, which on Tuesday launched an expression-of-interest (EOI) exercise to sell the shops.
Tuesday, September 30, 2014
Sports and fashion footwear retailer Star 360 Holdings said on Tuesday that it has received investments from two units of Singapore state investor Temasek Holdings (Private).
Heliconia Capital Management and Pavilion Capital will jointly inject capital into Star 360, to help it expand its retail and distributor networks.
Singapore-based Star 360 distributes and sells footwear and accessories from brands including Nike, Birkenstock and Polo Ralph Lauren in 17 countries across Asia, Europe and the United States. The company did not disclose the size of the investments.