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Woes descend on Japanese IPOs as stocks tank at start of trading

BLOOMBERG As starts go for Japan’s initial public offering market, this year’s has been pretty bad. When Willplus Holdings Co., a car dealer, opened below its offer price on its debut last week, it became the sixth of 21 IPOs to do so this year. In the rush of initial share sales in 2015 that saw 98 companies go public, ...

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Gulf Contracting chosen for Saadiyat landscape

Abu Dhabi / Emirates Business Saadiyat Development and Investment Company (SDIC) awards the landscaping contract of Hidd Al Saadiyat to Gulf Contracting Company (GCC). Hardscaping of the neighborhoods, kicking off in 2016, will include pavement of driveways, pathways and road signage, benches, light poles, and bollards. Furthermore, underground work activities including irrigation, electrical, manholes and concrete bases for signage will ...

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Macy’s adds real estate CEO to board to help with property plans

Bloomberg Macy’s Inc. named Four Corners Property Trust Inc. Chief Executive Officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties. The 39-year-old will join the board on April 1, the Cincinnati-based company said in a statement. Lenehan, who became CEO of Four Corners last year, has ...

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