Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale

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Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale

Bloomberg2022-06-16

NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in ...

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BK99
·2022-06-16
Which malls ? No head no tail !!!
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ycwoo
·2022-06-16
Oo
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ycwoo
·2022-06-16
Oo
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ycwoo
·2022-06-16
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Abiorach
·2022-06-16
😂
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The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054846072,"gmtCreate":1655374793696,"gmtModify":1676535625333,"author":{"id":"3565146699964497","authorId":"3565146699964497","name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054846072","repostId":1176711352,"repostType":4,"repost":{"id":"1176711352","pubTimestamp":1655368511,"share":"https://www.laohu8.com/m/news/1176711352?lang=&edition=full","pubTime":"2022-06-16 16:35","market":"sg","language":"en","title":"Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1176711352","media":"Bloomberg","summary":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus C","content":"<html><head></head><body><ul><li>NTUC Enterprise is working with adviser to gauge interest</li><li>The malls are owned by NTUC unit Mercatus Co-operative</li></ul><p>Singapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.</p><p>NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.</p><p>Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.</p><p>Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176711352","content_text":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054848452,"gmtCreate":1655374784276,"gmtModify":1676535625341,"author":{"id":"3565146699964497","authorId":"3565146699964497","name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054848452","repostId":1176711352,"repostType":4,"repost":{"id":"1176711352","pubTimestamp":1655368511,"share":"https://www.laohu8.com/m/news/1176711352?lang=&edition=full","pubTime":"2022-06-16 16:35","market":"sg","language":"en","title":"Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1176711352","media":"Bloomberg","summary":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus C","content":"<html><head></head><body><ul><li>NTUC Enterprise is working with adviser to gauge interest</li><li>The malls are owned by NTUC unit Mercatus Co-operative</li></ul><p>Singapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.</p><p>NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.</p><p>Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.</p><p>Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176711352","content_text":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054848661,"gmtCreate":1655374738053,"gmtModify":1676535625325,"author":{"id":"3565146699964497","authorId":"3565146699964497","name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054848661","repostId":1176711352,"repostType":4,"repost":{"id":"1176711352","pubTimestamp":1655368511,"share":"https://www.laohu8.com/m/news/1176711352?lang=&edition=full","pubTime":"2022-06-16 16:35","market":"sg","language":"en","title":"Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1176711352","media":"Bloomberg","summary":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus C","content":"<html><head></head><body><ul><li>NTUC Enterprise is working with adviser to gauge interest</li><li>The malls are owned by NTUC unit Mercatus Co-operative</li></ul><p>Singapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.</p><p>NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.</p><p>Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.</p><p>Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176711352","content_text":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054823807,"gmtCreate":1655369884809,"gmtModify":1676535624741,"author":{"id":"3583959330084663","authorId":"3583959330084663","name":"Abiorach","avatar":"https://static.tigerbbs.com/101b8cc5b1ba949695c5c94ecdd8ee71","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"😂","listText":"😂","text":"😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054823807","repostId":1176711352,"repostType":4,"repost":{"id":"1176711352","pubTimestamp":1655368511,"share":"https://www.laohu8.com/m/news/1176711352?lang=&edition=full","pubTime":"2022-06-16 16:35","market":"sg","language":"en","title":"Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1176711352","media":"Bloomberg","summary":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus C","content":"<html><head></head><body><ul><li>NTUC Enterprise is working with adviser to gauge interest</li><li>The malls are owned by NTUC unit Mercatus Co-operative</li></ul><p>Singapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.</p><p>NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.</p><p>Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.</p><p>Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s NTUC Enterprise Said to Weigh $2.9 Billion Mall Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 16:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-06-16/singapore-s-ntuc-enterprise-said-to-weigh-2-9-billion-mall-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176711352","content_text":"NTUC Enterprise is working with adviser to gauge interestThe malls are owned by NTUC unit Mercatus Co-operativeSingapore’s NTUC Enterprise Co-operative Ltd. is exploring a sale of its retail malls in the city-state for about S$4 billion ($2.9 billion), according to people with knowledge of the matter.NTUC is working with a financial adviser on the potential sale and has reached out to some prospective buyers to gage interest, said the people, who asked not to be identified as the process is private. The properties are held by unit Mercatus Co-operative Ltd., a real estate owner and investor that manages more than S$10 billion of assets, according to its website.Deliberations are ongoing and there is no guarantee that NTUC will go ahead with a sale, said the people. Representatives for NTUC and Mercatus didn’t immediately respond to requests for comment.Mercatus is one of the largest mall owners by floor space in Singapore, its website shows. It owns and runs the AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-owns NEX. The company also has strata-titled assets within retail malls and at sites in various locations across Singapore, and One Marina Boulevard, a 31-story office building.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":35,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}