PERENNIAL Real Estate Holdings Limited's joint venture company, Perennial TCM Management Pte Ltd, has set up Ming Yi Guan in partnership with Beijing Hospital of Traditional Chinese Medicine (TCM) at the House of Tan Yeok Nee in Orchard Road.
On Saturday, Perennial announced that this is its first healthcare business in Singapore. Ming Yi Guan will be Beijing Hospital of TCM's first treatment facility outside China, and in South-east Asia.
Ming Yi Guan will be operating from the House of Tan Yeok Nee which has a total gross floor area of about 29,900 square feet, making it the largest integrated TCM treatment facility in Singapore, Perennial said. The facility will provide TCM services in the areas of chronic illnesses, oncology, subfertility, gynaecology, dermatology, pain management and health enhancement.
Canadians are barely getting used to cheering for BlackBerry (formerly Research in Motion) again, after the company’s stock price soared in recent weeks.
But could Canada lose its technology champion just as it seems poised to make a comeback?
That’s not an unlikely scenario if you listen to one research report that’s recently sent BlackBerry shares on yet another hot streak.
“QNX [is] undoubtedly the most secure computer system installed in cars today,” wrote Citron.
The software already runs on over 60 million cars from about 40 automakers — from Ford to BMW — making it a leader in the nascent market.
With Google and Apple racing to build an operating system for self-driving cars and Samsung and Tesla also eyeing that space, BlackBerry looks like an attractive purchase for a number of technology companies with cash to spare, the report argued.
Citron compared the BlackBerry to Mobileye, an Israeli auto startup for which Intel recently shelled out a whopping $15 million.
Mobileye software at the time had been installed on only 16 million cars, Citron noted.
Twitter, Inc. offers products and services for users, advertisers, developers and data partners. The Company's products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser. Its Promoted Products enable its advertisers to promote their brands, products and services, amplify their visibility and reach, and extend the conversation around their advertising campaigns. Promoted Accounts appear in the same format and place as accounts suggested by its Who to Follow recommendation engine, or in some cases, in Tweets in a user's timeline. Promoted Trends appear at the top of the list of trending topics for an entire day in a particular country or on a global basis. Its MoPub is a mobile-focused advertising exchange. Twitter Audience Platform is an advertising offering
AMD (NASDAQ: AMD), and a global ecosystem of server partners, today marked a new era in the datacenter with the launch of AMD EPYC™ 7000 series high-performance datacenter processors. AMD was joined by multiple customers and partners at the global launch event in presenting a wide array of systems, performance demonstrations, and customer testimonials. The innovative, record-setting AMD EPYC design, with up to 32 high-performance “Zen” cores and an unparalleled feature set, delivers greater performance than the competition across a full range of integer, floating point, memory bandwidth, and I/O benchmarks and workloads.
“With our EPYC family of processors, AMD is delivering industry-leading performance on critical enterprise, cloud, and machine intelligence workloads,” said Lisa Su, president and CEO, AMD. “EPYC processors offer uncompromising performance for single-socket systems while scaling dual-socket server performance to new heights, outperforming the competition at every price point. We are proud to bring choice and innovation back to the datacenter with the strong support of our global ecosystem partners.”
The world’s largest server manufacturers introduced products based on AMD EPYC 7000-series processors at today’s launch, including HPE, Dell, Asus, Gigabyte, Inventec, Lenovo, Sugon, Supermicro, Tyan, and Wistron. Primary hypervisor and server operating system providers Microsoft, Red Hat, and VMware showcased optimized support for EPYC, while key server hardware ecosystem partners Mellanox, Samsung Electronics, and Xilinx were also featured in EPYC-optimized platforms.
Perennial-led Consortium Contemplates Enbloc Sale of AXA Tower at S$1.65 billion
Buoyant office market drives enquiries; Attractive post-AEI value of about S$2,333 per sq ft
Singapore, 31 July 2017 – Perennial Real Estate Holdings Limited (“Perennial”) and its consortium of investors (together, the “Perennial-led Consortium”) are considering the enbloc sale of AXA Tower at no less than S$1.65 billion, equivalent to about S$2,150 per square feet (“sq ft”) based on its post-asset enhancement initiative (“AEI”) total strata area of about 767,3581 sq ft. Taking into account the AEI cost of S$140 million that is fully debt-funded which will be borne by the potential new owner, the post-AEI strata value would be about S$2,333 per sq ft. The consideration for enbloc sale follows the receipt of a number of
enbloc sale enquiries for the development, as a result of the improved Singapore office market environment and strong interest in the commercial office segment.
AXA Tower, a predominantly-office landmark integrated development, is strategically sited within Singapore’s Central Business District (“CBD”). The development has received strata subdivision approval which provides the flexibility for it to be held as a whole for long-term investment or for sale as individual strata units. Currently undergoing AEI works, the development scheme will create additional areas of about 106,000 sq ft, thereby increasing the development’s post-AEI total strata area to about 767,3581 sq ft.
Separately, AXA Tower still encompasses unutilised gross floor area of about 185,850 sq ft post-AEI, which could be harnessed to create further value.
The AEI includes increasing the footprint of the retail podium spanning Basement 1 and Level 1 to about 60,000 sq ft, building a new 32,000 sq ft two-storey annex block fronting Maxwell Road to house medical suites, improving the efficiency of the offices, upgrading the office lifts with the destination controlled system and integrating with the security turnstiles, elevating the main entrance to street level facing Shenton Way with a brand new office lobby, as well as enhancing the building’s overall connectivity and drop-off points.
China Wants This Malaysian Port to Rival Singapore (And That’s Not All)
Hundreds of years later, China is again seeking influence in Malaysia as it spreads its economic and military clout through Southeast Asia. It is investing billions in a $7.2 billion redevelopment that will see Malacca, long the haunt of Chinese traders, become a new deep sea port.
It is also providing funds for infrastructure projects down the eastern seaboard of Malaysia, key heartland areas for Prime Minister Najib Razak ahead of an election that could be held this year. New roads and bridges may help him woo ethnic Malays, but the money could come at a long-term cost.
“The closeness with China is an Achilles heel for Najib,” said Mustafa Izzuddin, a fellow at the ISEAS-Yusof Ishak Institute in Singapore. “While investment coming in will balloon government coffers and boost the economy, the opposition is using the China card to criticize the government for becoming too close to China and accusing it of selling Malaysia’s sovereignty.”
china's investment in Malaysia has risen since Xi Jinping took power in 2012, with the president describing ties with Najib as the "best ever." Beijing is readying a state visit by Xi to Malaysia in the coming months, according to three people with knowledge of the plans who asked not to be identified given the sensitivity of the discussions.
China has committed to import goods worth $2 trillion from Malaysia over the next five years (a nearly eight-fold jump from 2016 imports over that period), invest up to $150 billion in the country and offer 10,000 places for training in China.
