Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million). The couple’s Tang Dynasty Treasure offered to buy the rest of Chip Eng Seng for S$0.72 a share, according to regulatory filings on Thursday.
Real Estate
In fresh efforts to compensate for the worrisome trend of consistent population decline, towns and villages around Italy are offering alternatives to attract new residents, including different versions of the ‘€1-house’ model that has attracted so much international attention. The most recent comes from a sunny southern Italian town at the tip of Italy’s Puglia
Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applications also down 46% over the same period. It comes off the back of rapidly rising rates, which have made mortgages hundreds of dollars more expensive for the average buyer on a monthly basis. The trend is likely to
Litigation between disgruntled partners or disgruntled members of a limited liability company often turns very nasty—and very expensive—very fast. Once the litigation is resolved, the victor has probably spent far more on legal fees than it ever expected to. Regardless, it will typically want to recover those fees from the loser. That’s not always so
This financial planner doesn’t think you should rush to pay off your mortgage. For peace of mind, you could look at starting a house payoff fund, which will eventually give you the option to pay off your mortgage any time you want. Looking at your overall wealth-building plan, you will likely find that investing your