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GENERAL NEWS/05.22.2015
AIMS AMP Capital Industrial REIT (AA Reit) on Friday said it will invest some S$41.7 million to redevelop its two three-storey detached industrial buildings on 30 and 32 Tuas West Road into a five-storey ramp-up warehouse facility.Upon completion, the asset is expected to be valued at S$60.7 million, over four times its current value of S$14.1 million.The redevelopment will also nearly double the gross floor area to about 287,866 square feet from 159,717 square feet, and increase the plot ratio ...
GENERAL NEWS/05.19.2015
< Go Back Options tip stockbroker over edge - The Australian Financial Review 19/05/2015 by Joyce Moullakis, Anthony and Macdonald and Sarah Thompson  Mid-sized BBY placed in administration  AIMS Financial Chairman George Wang’s rescue bid unravelled on Sunday. Photo: Louise Kennerley Stockbroker BBY was placed into voluntary administration on Monday morning, reverberating through the financial markets an leaving clients and its partner financial firms in limbo.B...
GENERAL NEWS/05.11.2015
When equities or commodities are plunging, government bonds tend to do very well. Reuters BBY chief executive Arun Maharaj has resigned from the stockbroking and advisory firm after 13 years with the company, as BBY embarks on a capital raising effort including approaching George Wang, an influential business man, and chairman and chief of AIMS Financial Group.BBY executive chairman Glenn Rosewall confirmed on Wednesday that Mr Maharaj would part ways with BBY in about two we...
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