Operations | ICT magazine

Posts Tagged ‘operations’

Galleon said to end operations in Singapore at year-end

December 1st, 2009 | No Comments

Galleon Group LLC, the U.S. hedge- fund firm that’s liquidating after its founder was charged with insider trading, will stop operating in Singapore on Dec. 31, said people familiar with the matter.

At least two firms have been in talks to take on Galleon’s teams both in the U.S. and Singapore, one of the people said, asking not to be identified because the information is private. The teams in Singapore, which had assets of about US$500 million ($691 million) before Raj Rajaratnam’s Oct. 16 arrest, also have been approached by other firms focusing on the region, another person said, declining to provide details because of non-disclosure agreements between Galleon and potential investors.

Attack on Pak FIA building, ten dead, Moping operations still going

October 15th, 2009 | No Comments

In audacious attacks, terrorists on Thursday stormed the Federal Investigation Agency building and three other security establishments in the eastern Pakistani city of Lahore, triggering fierce exchanges of fire with police that left at least ten persons dead including three security personnels and left several injured.
Terrorists attacked the FIA office on Temple Road, located [...]

Sunlight Group unit acquires Third Chin Bee Rd property for $3.45m to house operations

September 4th, 2009 | No Comments

Sunlight Group Hldg says wholly-owned subsidiary Sunlight Electrical has obtained an option from MediPearl Pte Ltd to purchase a property located at 1 Third Chin Bee Road Singapore 618679 for $3.45 million.

The property is a single-storey factory with adjoining 2-storey office block with tenure of a lease of 28 years from 16th March 1997 granted by the Jurong Town Corporation. It has an approximate land area of 7,898.1 square metres.

Pentagon: Operations to clear Taliban will expand

August 13th, 2009 | No Comments

A U.S. Defense Department spokesman says there will be more operations like the one launched in southern Afghanistan, VOA reports. Defense Department Spokesman Bryan Whitman says the operation in Nawzad District was timed to clear the area of insurgents before next Thursday’s Afghan presidential election.

Britain ends military operations in Iraq

July 31st, 2009 | No Comments

The British military lowered the flag over its Basra headquarters on Thursday to mark the official end of its combat mission in Iraq. After six years as the main battlefield ally of the United States, Britain conducted a formal transfer of authority to the U.S. commander in Iraq in a ceremony in the southern Iraqi city of Basra.

Yahoo Quarterly Income from Operations Drops

July 21st, 2009 | No Comments

Yahoo reports that its second-quarter revenue decreased 13 percent year-over-year to $1.57 billion. Profits totaled $141 million or 10 cents per share in the second quarter compared with $131.2 million or 9 cents per share for the year-ago quarter, Yahoo says.
– SAN FRANCISCO (Reuters) Yahoo Inc projected a drop in income from operations for the current quarter from the second quarter, and the Internet company’s shares fell more than 4 percent.
Yahoo projected that income from operations in the current quarter will range between $55 million to $65 million,…