CROESUS RETAIL TRUST - RIGHTS - EX Date: 02 Oct 2015 - RECORD Date: 06 Oct 2015 - OFFER OF 22 FOR 100 @ SGD 0.61
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Showing posts with label japanese. Show all posts
Showing posts with label japanese. Show all posts
Tuesday, November 10, 2015
Friday, December 19, 2014
Parkway Life REIT purchases nursing home in Japan
Parkway Life REIT purchases nursing home in Japan
PLife REIT purchased Ocean View Shonan Arasaki for S$18.9 million from Oueikikaku Kabushiki Kaisha. This follows an earlier acquisition of Habitation Jyosui, announced on Nov 28 this year.
SINGAPORE: Parkway Life Real Estate Investment Trust (PLife REIT) has purchased a nursing home and care facility property in Japan, its second acquisition in the fourth quarter of 2014, it announced in a press release on Friday (Dec 19).
PLife REIT purchased Ocean View Shonan Arasaki for ¥1,700 million (S$18.9 million) from Oueikikaku Kabushiki Kaisha. This follows an earlier acquisition of Habitation Jyosui, announced on Nov 28 this year.
With the recent acquisition, PLife REIT's Japan portfolio will stand at approximately S$518 million, or about 33 per cent of total assets under management, the press release said.
The acquisition is expected to be completed by January 2015. It is also expected to generate a net property yield of 6.9 per cent, the press release added.
- CNA/dl
- wong chee tat :)
PLife REIT purchased Ocean View Shonan Arasaki for S$18.9 million from Oueikikaku Kabushiki Kaisha. This follows an earlier acquisition of Habitation Jyosui, announced on Nov 28 this year.
SINGAPORE: Parkway Life Real Estate Investment Trust (PLife REIT) has purchased a nursing home and care facility property in Japan, its second acquisition in the fourth quarter of 2014, it announced in a press release on Friday (Dec 19).
PLife REIT purchased Ocean View Shonan Arasaki for ¥1,700 million (S$18.9 million) from Oueikikaku Kabushiki Kaisha. This follows an earlier acquisition of Habitation Jyosui, announced on Nov 28 this year.
With the recent acquisition, PLife REIT's Japan portfolio will stand at approximately S$518 million, or about 33 per cent of total assets under management, the press release said.
The acquisition is expected to be completed by January 2015. It is also expected to generate a net property yield of 6.9 per cent, the press release added.
- CNA/dl
- wong chee tat :)
Tuesday, October 7, 2014
Japan puts new weather satellite into space
Japan puts new weather satellite into space
Japan hopes the new satellite can improve the forecasting of typhoons and help with early warnings of volcano eruptions.
TOKYO: Japan put a new weather satellite into space Tuesday (Oct 7) in the hope it can improve the forecasting of typhoons and detect volcanic gas plumes.
The successful launch comes the day after a typhoon strafed Japan and just over a week after a volcano killed more than 60 people when it erupted without warning.
The Japanese-made H-2A rocket carrying the Himawari-8 weather satellite blasted into a blue sky at the Tanegashima Space Centre in southern Kagoshima prefecture at 2:16pm (1.16pm Singapore time).
The 17 billion yen (US$155 million) satellite separated successfully from the rocket and entered its designated orbit, sparking applause at the space centre, a Japan Aerospace Exploration Agency (JAXA) spokeswoman told AFP.
Japan's Meteorological Agency will use the satellite, alongside the Himawari-9, which is to be launched in 2016, for forecasting and to replace its ageing Himawari-6 and -7. The new satellite "can obtain a satellite image of a typhoon once every 2.5 minutes, against the current pace of once every 30 minutes," an official of the weather agency told AFP.
"Together with improvement in computer-aided analysis, we hope our forecasts of a typhoon's future course will be more accurate," he said. "As satellite images will become multi-colour from the current black and white, it will be easier to observe volcanic gas" which will be helpful for early warnings of a volcanic eruption, he added.
- AFP/xq
- wong chee tat :)
Japan hopes the new satellite can improve the forecasting of typhoons and help with early warnings of volcano eruptions.
TOKYO: Japan put a new weather satellite into space Tuesday (Oct 7) in the hope it can improve the forecasting of typhoons and detect volcanic gas plumes.
The successful launch comes the day after a typhoon strafed Japan and just over a week after a volcano killed more than 60 people when it erupted without warning.
The Japanese-made H-2A rocket carrying the Himawari-8 weather satellite blasted into a blue sky at the Tanegashima Space Centre in southern Kagoshima prefecture at 2:16pm (1.16pm Singapore time).
The 17 billion yen (US$155 million) satellite separated successfully from the rocket and entered its designated orbit, sparking applause at the space centre, a Japan Aerospace Exploration Agency (JAXA) spokeswoman told AFP.
Japan's Meteorological Agency will use the satellite, alongside the Himawari-9, which is to be launched in 2016, for forecasting and to replace its ageing Himawari-6 and -7. The new satellite "can obtain a satellite image of a typhoon once every 2.5 minutes, against the current pace of once every 30 minutes," an official of the weather agency told AFP.
"Together with improvement in computer-aided analysis, we hope our forecasts of a typhoon's future course will be more accurate," he said. "As satellite images will become multi-colour from the current black and white, it will be easier to observe volcanic gas" which will be helpful for early warnings of a volcanic eruption, he added.
- AFP/xq
- wong chee tat :)
Saturday, May 31, 2014
Online banking thefts hit Japan firms
Online banking thefts hit Japan firms
- wong chee tat :)
[TOKYO] Hackers stole nearly US$2 million from the online bank accounts of Japanese businesses in April, a surge in theft that has prompted some banks to curtail online services and rethink compensation policies, executives and regulators say.
In April there were 50 cases of theft from online accounts held by Japanese businesses with nearly 200 million yen stolen, according to a person with knowledge of the industry-wide tally, which has not been made public. That was more than the entire previous year.
Japanese businesses reported 34 cases of online banking theft for the year ended March with a total of US$1.8 million stolen, according to data released by the Japanese Bankers Association.
Earlier this month, a senior official with Japan's Financial Services Agency told regional bank executives that regulators were concerned that online theft could cause a chain of small business failures and bankruptcies, according to participants who attended the closed-door meeting.
Mitsubishi UFJ Financial Group and Mizuho Financial Group said their corporate customers had been hit by online thefts. Top regional lenders such as Fukuoka Financial Group and Bank of Yokohama also said their clients had also experienced losses.
Corporate users of online banking in Japan tend to be small businesses and family-owned firms. In a typical theft, hackers trick owners into surrendering passwords or gain control of poorly protected computer systems to make transfers out of their accounts, industry officials and security experts said. "This has become a serious problem," Masaaki Tani, president of Fukuoka Financial Group, the largest regional bank, said earlier this month.
It was not clear why cases of such theft had increased so rapidly although bankers elsewhere have warned of a growing threat from hackers. "Cybersecurity attacks are becoming increasingly complex and more dangerous," JPMorgan Chase &; Co Chief Executive Jamie Dimon said in a letter to shareholders in April.
Japan's banks are divided on how to respond. Promising compensation might remove an incentive for businesses to tighten security, some executives say. At the same time, tightening security too much could kill the convenience of online banking.
In April, many regional banks suspended a service which allowed clients to transfer money on the spot to accounts that were not pre-registered. Chiba Bank reduced its online transfer limit to 10 million yen, from just under 100 million yen.
Until now, the question of whether to compensate businesses for online theft has been left to each bank. Most offer fewer protections than they do for individual accounts.
Resona Bank has said it will compensate business clients for Internet losses of up to 50 million yen when customers have taken appropriate security measures.
The lender is part of Resona Holdings, Japan's fourth-largest banking group by assets. Resona's pledge is part of a push to build its business, including lending, to small- and medium-sized businesses at a time when overall loan demand remains weak.- Reuters
- wong chee tat :)
Tuesday, December 24, 2013
Saturday, August 10, 2013
Japan national debt tops one quadrillion yen
Japan national debt tops one quadrillion yen
POSTED: 09 Aug 2013 6:36 PM
Japan's eye-watering national debt has topped one quadrillion yen, official data showed Friday, a record figure that underlines Tokyo's struggle to curb its huge borrowing.
TOKYO: Japan's eye-watering national debt has topped one quadrillion yen, official data showed Friday, a record figure that underlines Tokyo's struggle to curb its huge borrowing.
The figure supplied by the finance ministry of 1.008 quadrillion yen by the end of June amounts to about $10.42 trillion at current exchange rates.
A quadrillion is one thousand trillion.
Tokyo has the dubious distinction of having, proportionately, the biggest debt pile among industrialised nations, more than twice the size of its economy.
The lion's share of that debt is from long- and short-term Japanese government bonds, as well as other borrowing.
The staggering figure, about 1.7 percent higher than the previous quarter, comes a day after Japan pledged to slash its budget and get spending under control.
Japan has not faced a public debt crisis like the kind seen across the debt-riddled eurozone, largely because most of its low-interest debt is held domestically rather than by international creditors.
But the International Monetary Fund and others have issued warnings about Tokyo's ever-increasing borrowing, after a series of sovereign credit rating downgrades in recent years.
This week the IMF called on Japan to adopt a "credible" fiscal plan to repair its books, including raising sales taxes to generate new revenue.
Prime Minister Shinzo Abe's government is mulling whether to go ahead with a series of sales tax rises that would double the rate to 10 percent by 2015, a key source of new income but one that some fear would stall his economy-boosting plan dubbed "Abenomics".
- AFP/xq
- wong chee tat :)
POSTED: 09 Aug 2013 6:36 PM
Japan's eye-watering national debt has topped one quadrillion yen, official data showed Friday, a record figure that underlines Tokyo's struggle to curb its huge borrowing.
TOKYO: Japan's eye-watering national debt has topped one quadrillion yen, official data showed Friday, a record figure that underlines Tokyo's struggle to curb its huge borrowing.
The figure supplied by the finance ministry of 1.008 quadrillion yen by the end of June amounts to about $10.42 trillion at current exchange rates.
A quadrillion is one thousand trillion.
Tokyo has the dubious distinction of having, proportionately, the biggest debt pile among industrialised nations, more than twice the size of its economy.
The lion's share of that debt is from long- and short-term Japanese government bonds, as well as other borrowing.
The staggering figure, about 1.7 percent higher than the previous quarter, comes a day after Japan pledged to slash its budget and get spending under control.
Japan has not faced a public debt crisis like the kind seen across the debt-riddled eurozone, largely because most of its low-interest debt is held domestically rather than by international creditors.
But the International Monetary Fund and others have issued warnings about Tokyo's ever-increasing borrowing, after a series of sovereign credit rating downgrades in recent years.
This week the IMF called on Japan to adopt a "credible" fiscal plan to repair its books, including raising sales taxes to generate new revenue.
Prime Minister Shinzo Abe's government is mulling whether to go ahead with a series of sales tax rises that would double the rate to 10 percent by 2015, a key source of new income but one that some fear would stall his economy-boosting plan dubbed "Abenomics".
- AFP/xq
- wong chee tat :)
Tuesday, May 14, 2013
Thursday, May 9, 2013
Croesus Retail Trust IPO 21.4 times oversubscribed
Croesus Retail Trust IPO 21.4 times oversubscribed
Written by The Edge
Thursday, 09 May 2013 00:04
Croesus Retail Trust, the first Asia-Pacific retail business trust with an initial portfolio located in Japan to be listed on the Mainboard of the SGX, said its IPO offer was 22.4 times subscribed. This was based on the total demand of 5,142,786,151 units for its offering of 229,118,000 units.
In the placement tranche, interest received for the 207,613,000 units amounted to 4,093,213,151 units. As for the public offering, 19,638 valid applications for 1,049,573,000 units were received for the 21,505,000 units available to the public for subscription.
- wong chee tat :)
Written by The Edge
Thursday, 09 May 2013 00:04
Croesus Retail Trust, the first Asia-Pacific retail business trust with an initial portfolio located in Japan to be listed on the Mainboard of the SGX, said its IPO offer was 22.4 times subscribed. This was based on the total demand of 5,142,786,151 units for its offering of 229,118,000 units.
In the placement tranche, interest received for the 207,613,000 units amounted to 4,093,213,151 units. As for the public offering, 19,638 valid applications for 1,049,573,000 units were received for the 21,505,000 units available to the public for subscription.
- wong chee tat :)
Monday, April 22, 2013
Bank of Thailand "stands ready" to take action if need to cool housing prices
Bank of Thailand "stands ready" to take action if need to cool housing prices
POSTED: 22 Apr 2013 7:40 PM
Bank of Thailand Governor, Prasarn Trairatvorakul, told Channel NewsAsia he had recently held talks with major developers and mortgage lenders to express concern about the strength of the market.
SINGAPORE: The Bank of Thailand (BOT) said it "stands ready" to take action to cool housing prices, should the need arise.
BOT Governor, Prasarn Trairatvorakul, told Channel NewsAsia he had recently held talks with major developers and mortgage lenders to express concern about the strength of the market.
The central bank refrained from taking any action, but the Governor said it is keeping its options open.
Mr Prasarn said: "These things are dynamic, let me tell you we are monitoring and I cannot guarantee that this is it, it will stay forever. You notice that in the past we used to introduce certain measures. Now if the situation changed, if the situation calls for it, we stand ready.”
He said he did express concern at the very low rates given on starter loans, and told bank executives to keep a close eye on their mortgage lending practices.
Although he regards these as "marketing gimmicks", he said he had issued a verbal warning to banks to avoid "over-competition" in this area.
The Governor also expressed concern about the speed of appreciation of the Thai baht.
He said the change was largely due to inflows of money from Japan, a result of the Bank of Japan's super-easing monetary policy.
"When you are overstretching the (monetary policy) instrument you are bound to face something unexpected. At the moment, you see how this spill over around the world has caused lots of problems, distortions around the financial markets,” he said.
The Governor added that weaker in the Japanese yen was benefiting the Thai manufacturing sector, because of its close ties with Japanese industry.
- CNA/ck
- wong chee tat :)
POSTED: 22 Apr 2013 7:40 PM
Bank of Thailand Governor, Prasarn Trairatvorakul, told Channel NewsAsia he had recently held talks with major developers and mortgage lenders to express concern about the strength of the market.
SINGAPORE: The Bank of Thailand (BOT) said it "stands ready" to take action to cool housing prices, should the need arise.
BOT Governor, Prasarn Trairatvorakul, told Channel NewsAsia he had recently held talks with major developers and mortgage lenders to express concern about the strength of the market.
The central bank refrained from taking any action, but the Governor said it is keeping its options open.
Mr Prasarn said: "These things are dynamic, let me tell you we are monitoring and I cannot guarantee that this is it, it will stay forever. You notice that in the past we used to introduce certain measures. Now if the situation changed, if the situation calls for it, we stand ready.”
He said he did express concern at the very low rates given on starter loans, and told bank executives to keep a close eye on their mortgage lending practices.
Although he regards these as "marketing gimmicks", he said he had issued a verbal warning to banks to avoid "over-competition" in this area.
The Governor also expressed concern about the speed of appreciation of the Thai baht.
He said the change was largely due to inflows of money from Japan, a result of the Bank of Japan's super-easing monetary policy.
"When you are overstretching the (monetary policy) instrument you are bound to face something unexpected. At the moment, you see how this spill over around the world has caused lots of problems, distortions around the financial markets,” he said.
The Governor added that weaker in the Japanese yen was benefiting the Thai manufacturing sector, because of its close ties with Japanese industry.
- CNA/ck
- wong chee tat :)
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