PRESS DIGEST - Singapore newspapers - Nov 5

Wed Nov 4, 2009 7:54pm EST
 
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SINGAPORE, Nov 5 (Reuters) - The following are stories from Singapore newspapers on Thursday. Reuters has not verified these stories.

BUSINESS TIMES

- Oil service company Rotary Engineering (ROTE.SI) reported an 11 percent rise in its third-quarter net profit, despite an 8 percent drop in turnover for the quarter.

- Retailer F.J. Benjamin (FJBN.SI) posted a 58 percent fall in its first-quarter net profit as consumers spent less.

- CapitaLand (CATL.SI) has agreed to sell two of its industrial properties in the Kallang area for a total of S$68 million ($48.8 million) to construction and industrial property developer Chiu Teng. ($1=1.399 Singapore Dollar) (Singapore Newsroom +65 6403 5677, singapore.newsroom@reuters.com)

 

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