Bruker to invest S$6m in Centre of Excellence
Posted: 25 May 2011 2041 hrs
SINGAPORE: Scientific instruments maker Bruker is investing S$6 million in a centre of excellence in Singapore.
The Nasdaq-listed firm said it intends to establish Singapore as its regional headquarters.
Bruker is known for making Nuclear Magnetic Resonance (NMR) systems, which are widely used in medical diagnostics and chemical analysis.
Its share of the scientific instruments market in Singapore is worth over S$100 million.
Bruker currently has 45 employees in Singapore, and plans to hire 10 to 20 more staff over the next three years.
The Centre of Excellence, located at Biopolis, has a floor area of 550 square metres.
Frank Laukien, CEO of Bruker Corporation, said: "It will obviously continue to support our Singapore scientific customers, but also it is our headquarters for South East Asia. In addition, it is a hub for research collaborations with the various universities and A*STAR facilities here in Singapore."
-CNA/ac
- wong chee tat :)
Friday, May 27, 2011
Sembawang-Jalan Sendudok site sees S$191.8m bid
Sembawang-Jalan Sendudok site sees S$191.8m bid
Posted: 26 May 2011 2151 hrs
SINGAPORE: Hao Yuan Investment has submitted the highest bid of S$191.8 million for a residential site along Sembawang Road and Jalan Sendudok.
The Urban Redevelopment Authority (URA) closed the tender for the site, after receiving six bids in total.
The 27,600 square metre site, with a 99-year lease, was launched for tender on March 29.
CBRE Research said the site seems fairly popular based on the number of bids and quantum it attracted.
The top bid translates to about S$4,950 per square metre.
CBRE Research added that the top bid is somewhat higher than market expectations.
URA said it would decide on the winning bidder at a later date.
-CNA/wk
- wong chee tat :)
Posted: 26 May 2011 2151 hrs
SINGAPORE: Hao Yuan Investment has submitted the highest bid of S$191.8 million for a residential site along Sembawang Road and Jalan Sendudok.
The Urban Redevelopment Authority (URA) closed the tender for the site, after receiving six bids in total.
The 27,600 square metre site, with a 99-year lease, was launched for tender on March 29.
CBRE Research said the site seems fairly popular based on the number of bids and quantum it attracted.
The top bid translates to about S$4,950 per square metre.
CBRE Research added that the top bid is somewhat higher than market expectations.
URA said it would decide on the winning bidder at a later date.
-CNA/wk
- wong chee tat :)
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