Noble's resolution passed despite massive walkout
A MASSIVE number of shareholders walked out of Noble Group's special general meeting (SGM) on Friday in protest against its share consolidation move, after their request to have the resolution postponed was rejected. Still, the resolution was passed, with 99.73 per cent of votes cast in favour...
SGX records early success in coking coal contract (Amended)
THE Singapore Exchange (SGX), in its push for market acceptance of products adjacent to its successful iron-ore derivatives, is seeing some initial traction.
More steel companies use Singapore as gateway to market to S-E Asia
WITH trading volumes of iron ore derivatives on the Singapore Exchange (SGX) having grown in the past few years, the number of Singapore-based iron-ore and steel-trading companies has swelled.
Alliance Mineral Assets signs lithium offtake deal
CATALIST-listed Alliance Mineral Assets Limited (AMA) has secured an offtake agreement with Burwill Holdings Limited to supply the Chinese steel trading and mining firm with lithium concentrate for an initial five-year period.
Temasek, GIC 'still lagging in managing climate risks'
EVEN as more asset owners take action to manage climate change-related risks and opportunities, Singapore's Temasek Holdings and GIC have remained laggards, research from the Asset Owners Disclosure Project (AODP) has found...
Keppel signs deal with EDB to build gasification plant on Jurong Island
SINGAPORE is moving ahead with a gasification facility that uses coal and other feedstock on Jurong Island, some six years after it first studied the idea as part of the Jurong Island version 2.0 initiative.
Keppel Corp unit to develop gasification facility on Jurong Island
KEPPEL Infrastructure Holdings, a division of Keppel Corporation, has signed an agreement with Singapore Economic Development Board (EDB) to develop, own and operate a gasification facility on Jurong Island.
Geo Energy optimistic about prospects after restructuring
HAVING restructured its business to focus on mine ownership rather than mining services, Geo Energy is now ready to stretch its sails to catch the new wind in coal prices.
More institutional investors use ESG factors but firms' disclosure found wanting: EY
INSTITUTIONAL investors are increasingly using environmental, social and governance (ESG) factors in their investment decisions, but are finding companies sorely lacking in their non-financial disclosure. Even among companies which do disclose this, information shared is often different and...
Institutional investors placing more emphasis on non-financial risks, disclosures: EY
INSTITUTIONAL investors in Singapore and globally are increasingly placing more emphasis on non-financial risks and disclosures such as those related to environmental, social and governance (ESG) risks.
Private hire cars must display decals for easier identification from July 1
ALL private hire cars will have to display decals on their front and back windscreens from July 1 this year, to allow for easier identification and enforcement against offences.
Singapore shares open 21.94 points lower on Thursday
SINGAPORE shares slumped on Thursday morning, with the Straits Times Index 21.94 points or 0.69 per cent lower at 3,164.07 as at 9.03am. Overnight, Wall Street stocks closed lower amid investor concerns on geopolitical risks and doubts over the prospects for US President Donald Trump's...
Stocks to watch: SPH, Soilbuild Reit, a-iTrust, Oxley
THE following stocks made announcements after the market closed on Wednesday that may affect their trading on Thursday:
Oxley unit prices its US$200m notes due 2021 at 6.375%
OXLEY Holdings' wholly owned subsidiary Oxley MTN has priced its US$200 million notes due 2021 at 6.375 per cent. ...
GE opens S'pore IT resources and support centre
AMERICAN conglomerate General Electric on Wednesday opened an Asia Digital Operations Centre (A-DOC) in Singapore as part of a commitment to develop digital industrial capabilities in the city-state.
GE partners SP Group, Spring and Platform E on Industrial IoT, startups
SINGAPORE grid operator SP Group has teamed up with American multinational conglomerate General Electric (GE) to develop capabilities in Industrial Internet of Things (Industrial IoT) and intelligent applications, in a bid to enhance the reliability and efficiency of the power network in Singapore.
Centurion issues S$65m notes due 2020 with 5.25% coupon
CENTURION Corporation on Wednesday issued S$65 million worth of bonds due 2020. These will be listed on Singapore Exchange on Thursday, the group said.
SGX partners China bank to raise Singapore capital market's profile
SINGAPORE Exchange (SGX) has entered into a memorandum of understanding (MOU) with Shanghai Pudong Development Bank (SPDB) to raise the profile of Signapore's capital market...
Singapore shares open 7.41 points lower on Wednesday
SINGAPORE shares opened lower on Wednesday, with the Straits Times Index down 7.41 points to 3,167.34 as at 9.05am. Wall Street closed lower overnight as concerns over geopolitical risks weighed on sentiment.
Stocks to watch: Ascendas India Trust, Imperium Crown, Oxley
THE following stocks made announcements after the market closed on Tuesday that could affect their trading on Wednesday.
Alliance Mineral Assets signs lithium rights JV with Lithco
AUSTRALIAN miner Alliance Mineral Assets has entered into a lithium rights joint-venture (JV) agreement with Lithco, a unit of Australia-listed Tawana Resources, furthering a farm-in agreement that both parties signed in February.
Rotary bags two contracts worth over US$120m
ROTARY Engineering has secured two projects worth more than US$120 million in the United Arab Emirates (UAE) and Thailand to provide engineering, procurement and construction (EPC) services for tank storage projects.
Hot stock: CDL shares rise on positive sales at Gramercy Park
SHARES in City Developments Limited (CDL) were up on Tuesday as the property developer said it has achieved positive sales at its luxury freehold residential development Gramercy Park along Grange Road.
Singapore shares open 4.18 points higher on Tuesday
SINGAPORE shares rose on Tuesday, with the Straits Times Index up 4.18 points or 0.13 per cent to 3,181.45 as at 9.03am. Overnight, Wall Street ended slightly higher as investors prepared for the start of quarterly earnings reports which are expected to be positive.
Stocks to watch: Rotary Engineering, Alliance Mineral Assets, Citic Envirotech, Civmec, Keppel O&M, Midas, Roxy-Pacific, Spackman
THE following stocks made announcements after the market closed on Monday that might affect their trading on Tuesday: