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Publish date: Tue, 16 Oct 2012, 12:33 PM
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M1 LTD
Telecommunications firm M1 said its net profit in the third quarter fell 19.5 percent from a year earlier to S$33.1 million, hurt partly by higher operating expenses.
K-REIT ASIA
K-REIT Asia, which owns offices, has changed its name to Keppel REIT. The trust said its third-quarter distribution per unit was 1.96 Singapore cents, up 84.5 percent from a year earlier, helped by higher rents and property income.
LIAN BENG GROUP LTD
Construction firm Lian Beng said it will not proceed with an earlier plan to list its engineering and concrete business in Taiwan, citing market conditions and new policies imposed by Taiwan authorities recently.
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