Singapore Flyer put in receivership, but “business as usual”
May 28 (Reuters) - The Singapore Flyer, a giant observation wheel seen as a major tourist attraction in the city-state, has been put in receivership just five years after it was launched to much fanfare. Ferrier Hodgson, which specialises in insolvency and corporate turnarounds, was appointed as receivers and managers over the...
Singapore police admit errors in Shane Todd investigation
(27 May) - Singapore police who examined the scene of an American's death admitted on the last day of a coroner's inquest Monday that they deviated from official protocols by not dusting for fingerprints or collecting DNA samples, and by examining the contents of a laptop computer there. Shane Truman Todd's body was found...
SPH to make $1B in its property IPO
May 27 (Reuters) - Singapore Press Holdings Ltd (SPH) aims to make S$1.048 billion ($829 million) by selling part of a real estate investment trust (REIT) whose assets are two shopping malls, in what could be the city-state's third-biggest IPO this year. The company plans to sell 30 percent of SPH REIT, giving investors part-ownership...
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