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SingHaiYi JV Wins Maxwell House Site in Singapore

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Tang and Co plan to redevelop Maxwell House into a mixed-use project
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project in the Lion City’s Tanjong Pagar area.
SingHaiyi Group, which is controlled by mainland-born billionaire Gordon Tang and wife Celine, joined with Chip Eng Seng Corporation, which the Tangs also control, and an affiliate of Hong Kong-listed Chuan Holdings in a joint bid for the en bloc purchase of the building known as Maxwell House at a price of S$276.8 million ($207.8 million) on Thursday, according to a filing with the Singapore Exchange. ....

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Jeb Bush Fast Facts

Jeb Bush Fast Facts
Personal
Birth place: Midland, Texas
Father: George H.W. Bush, 41st president of the United States
Children: John Ellis “Jeb” Jr., 1983; Noelle Lucilla, 1977; George Prescott, 1976
Education: University of Texas, B.A. in Latin American Studies, 1974
Religion: Catholic (converted – was Episcopalian)
Other Facts
Second-oldest son of former President George H.W. Bush and younger brother of former President George W. Bush.
Speaks fluent Spanish.
Known for his Florida education reform: introducing a school voucher program, supporting charter schools, implementing the Florida Comprehensive Assessment Test (FCAT), and banning using race as a factor in university admissions.
Timeline
1987-1988 – Florida Commerce Secretary. ....

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Cromwell CEO Paul Weightman Retires After ARA Battle

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Cromwell CEO Paul Weightman didn’t do well in his fight with the company’s largest shareholder
ARA Asset Management moved a step closer to control of Cromwell Property Group, after the Australian property investment firm announced that its chief executive would be stepping down at year-end.
Paul Weightman, who co-founded the A$8 billion ($6 billion) investment management firm in 1998, had been leading an unsuccessful fight against board representation for ARA, which is Cromwell’s largest investor. The Singapore firm had gained board representation in September before Cromwell confirmed Weightman’s upcoming departure late last week.
“On behalf of the Cromwell Board and Cromwell securityholders, I would like to acknowledge his longstanding contribution and thank him for his dedication and hard work over more than two decades,” Cromwell chair Jane Tongs said in announcing Weightman’s planned departure to the Australian stock excha ....

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