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  • SIAEC to acquire aircraft service firm SRT Malaysia
    by Staff Reporter on March 2, 2021 at 2:23 am

    Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No Both parties will enter into negotiations on the terms of the transaction. SIA Engineering Company Limited (SIAEC) has entered into a memorandum of understanding with SR Technics Switzerland AG for the potential acquisition of its Malaysian subsidiary SRT Malaysia. The MOU was reached following a review of the synergies that SRT Malaysia would bring to SIAEC’s existing component repair and overhaul services and fleet management programs. read more

  • Bank accounts of suspected scammers can be frozen within a day: MHA
    by Staff Reporter on March 2, 2021 at 2:22 am

    Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Minister Desmond Tan lays out plans to prevent scams. The bank accounts of suspected scammers can be "swiftly frozen within a day" once the police is notified, Minister Desmond Tan of the Ministry of Home Affairs (MHA) announced. “This is a big step forward from the 14 to 60 working days that these tasks used to take,” he said in a parliament speech on 1 March. He added that the Association of Banks of Singapore, Monetary Authority of Singapore, and the police have been working together to combat scammers and money mules. read more

  • CapitaLand acquires student accommodation property in US for $126.3m
    by Staff Reporter on March 2, 2021 at 1:45 am

    Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No The property is located in Atlanta, Georgia. CapitaLand, through Ascott Residence Trust, has completed the purchase of a student accommodation property at 800 Marietta Street NW in Atlanta, Georgia in United States  for $126.3m (US$95m), its first acquisition in the country. The acquisition was completed on 27 February. read more

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