The Mapletree Logistics Trust has announced plans to acquire three Grade A warehouses in Malaysia and Vietnam. The acquisitions will increase MLT's exposure in Malaysia and Vietnam and deepen its network connectivity in these growth markets.
MLT expects the Malaysia property to yield an initial net property income of 5.7% and the other assets in Vietnam around 7.5%.
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Clerk steals $168,000 from logistics firm to pay for tuition feesNur Wahida Abdul Malik used a portion of her ill-gotten gains to pay for her tuition fees at the Singapore Institute of Management. She was sentenced to two years and six months' jail after stealing over $168,000 from the company she worked for.
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Clerk steals $168,000 from logistics firm and uses it for tuition feesAn accounts and administrative clerk at a logistics firm made off with more than $168,000 of the company’s money by methods including indicating herself as the payee on its blank cheques. Nur Wahida Abdul Malik, 32, then used a portion of her ill-gotten gains to pay for her tuition fees at the Singapore Institute of Management. Nur, who is no longer working for Lotte Global Logistics (Singapore), was sentenced to two years and six months’ jail on March 14 after she pleaded guilty to two counts of criminal breach of trust.
Source: stompsingapore - 🏆 11. / 53 Read more »