Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

This relates to allegations of ex-CapitaLand employees in India accepting bribes, kickbacks from a JV subsidiary [SINGAPORE] Singapore-based property and real estate group Lee Kim Tah (LKT) has reached a settlement with a former director it had sued. It said that the former director, Edmund Cheah, will now cooperate in ongoing investigations into L&W Construction,…

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One-third of students not registered for school in Kiryat Shmona, mayor warns

One-third of students not registered for school in Kiryat Shmona, mayor warns

“No parent or resident wants to raise their children like this,” said Kiryat Shmona Mayor Avichai Stern, who warned that attendance in the North remains inconsistent. Approximately one-third of students have not registered for the upcoming school year in Kiryat Shmona, Mayor Avichai Stern said on Monday, warning that prolonged instability in northern Israel is…

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Norcia’s Civico Theater Reopens After Restoration by Cucinelli Family

Norcia’s Civico Theater Reopens After Restoration by Cucinelli Family

SUPPORTING HERITAGE: Brunello Cucinelli continues to champion art and history. The Teatro Civico in the town of Norcia, severely damaged by the central Italy earthquake in 2016, reopened on Sunday afternoon after a restoration funded by designer Brunello Cucinelli and his family, in collaboration with the Municipality of Norcia. Guests including the archbishop of Spoleto-Norcia,…

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4 keys to handling the guilt of slowing down

4 keys to handling the guilt of slowing down

There’s a strange kind of guilt that shows up once you become serious about building something. You finally get a quiet weekend, a lighter calendar, or a rare moment where your brain stops racing, and instead of feeling relieved, you feel behind. Founders talk constantly about burnout, but not enough about the discomfort that comes…

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Boustead more than doubles H2 profit to S$197.7 million

Boustead more than doubles H2 profit to S7.7 million

Full-year earnings are up 145%; the board proposes a final ordinary dividend of S$0.04 a share [SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for its second half ended Mar 31 grew 235 per cent to S$197.7 million from the year-ago period. This came on the back of revenue rising 43 per cent to…

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Frasers Logistics & Commercial Trust grows presence in Europe with 4 property acquisitions

Frasers Logistics & Commercial Trust grows presence in Europe with 4 property acquisitions

The agreed purchase price of about 294.9 million euros represents a 1.5% discount to their appraised value [SINGAPORE] Frasers Logistics & Commercial Trust ( FLCT ) has acquired equity interests in four property-holding companies, the real estate investment trust’s (Reit) manager said on Monday (May 25). The four companies collectively own two freehold logistics properties…

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Hajj pilgrimage to Mecca begins

Hajj pilgrimage to Mecca begins

On Monday, millions of pilgrims begin arriving in Mina, a small valley five kilometers east of the Grand Mosque in Mecca, where they will spend several nights in what becomes, briefly, the largest temporary city on earth. The tents they sleep in bear little resemblance to what earlier generations encountered: Today’s structures sit on permanent…

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