ION Orchard

Broker's Calls

Jumbo kept at 'add' by CGS-CIMB on new ION outlet

SINGAPORE (Dec 14): CGS-CIMB is maintaining its “add” call on Jumbo Group with a target price of 54 cents, in view of robust earnings growth in FY19 and possible margin uplift on tighter cost control.

Food & Beverage

Jumbo opens first Singapore mall-based restaurant outlet at ION Orchard

SINGAPORE (Dec 12): Jumbo Group today opened its sixth Jumbo Seafood outlet in ION Orchard, Singapore, bringing its total number of Jumbo Seafood branded restaurants across Asia to 17.

Drive

Another golden year for Mercedes at the Singapore GP

SINGAPORE (Sept 19): It was a great 2016 Formula 1 Singapore Airlines Singapore Grand Prix (Singapore GP) again for spectators this year.

Retail malls tap on Pokemon Go to cash ‘em all

SINGAPORE (Aug 10): Pokemon Go fever has hit Singapore. And retail malls here are racing to cash ‘em all – before the fad disappears in a puff of smoke like a Pokemon running away.

Rowsley to buy remaining 65% of Squire Mech for $19.5 mil

SINGAPORE (June 20): Rowsley, the real estate developer owned by Singapore billionaire Peter Lim, says wholly-owned subsidiary RSP Architects Planners & Engineers has agreed to buy the remaining 65% of Squire Mech for up to $19.5 million.
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