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KATHMANDU, Jan 21: The Central Investigation Bureau (CIB) of Nepal Police has instructed the concerned police department to furnish the file related to the investigation of misappropriation of the finances of several cooperatives by Gitendra Babu (GB) Rai, the chairman of Gorkha Media Group, and Rabi Lamichhane, the former managing director of the company and current chairman of Rastriya Swatantra Party (RSP). A CIB officer stated that the file of the ongoing investigation at the police office outside the valley has been sent to Kathmandu for further investigation. ....
SINGAPORE Link Real Estate Investment Trust, Asia's biggest REIT, has emerged as the frontrunner to buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative Ltd, multiple sources told Reuters on Monday (Nov 28). Acquisition of the assets in what would be Southeast Asia's biggest real estate transaction of 2022 could boost Link REIT's valuations, analysts. ....