Top Glove launches 5m shares placement at S$1.71 apiece

TOP Glove Corp has launched the placement of five million existing listed and traded ordinary shares in the capital of the company (subject to top-up option) at S$1.71 per share in Singapore.

Qualitas Healthcare mulls listing on SGX

IF the Singapore Exchange wants it - and works - hard enough, it could score the flotation of Malaysian-headquartered regional healthcare player Qualitas Healthcare Corp, in a development that would undoubtedly infuse a healthy dose of excitement into this year's lethargic pipeline of stock...
STOCKS

Macro data, MSCI review on investors' radar this week

CENTRAL bank meetings in the Asia-Pacific region (no surprises expected), a slew of macro data including manufacturing activity out of major economies and a key MSCI review will be the chief focus for the local bourse this week.
HOCK LOCK SIEW

Felda Global caught up in governance storm

MALAYSIAN-listed Felda Global Ventures Holdings (FGV), the world's third-largest oil palm plantation operator, appears to be sorely missing out on one big compelling force of being a public company: better governance. ...
STOCKS

Mid-week FOMC meeting to take centre stage

ECONOMICS, relatively more predictable for markets than politics (these days, at least), will likely take centre stage over the coming week with the US Federal Open Market Committee (FOMC) meeting in mid-week.
STOCKS

STI climbs 17 points, shrugs off UK polls outcome

WHAT a day! The outcome of UK's snap election which hogged world attention was disastrous for UK's Prime Minister Theresa May with the pound suffering a beating but evidently, not so for the local bourse which lapped up a second straight day of gains...

Singapore shares close 17 points higher

SHARES in the local bourse shrugged off the astonishing outcome of the UK election, with the key Straits Times Index rising 17.14 points or 0.53 per cent to 3,254.19.
STOCKS

Region's trading mixed on 'Triple Thursday'

"TRIPLE Thursday" may have kept investors on the sidelines yet the local bourse finished higher, snapping out of three straight days of losses ahead of three key events - the UK's election outcome, the European Central Bank's policy decision and former FBI chief James Comey...

Singapore shares close 7 points higher

SHARES in the local bourse closed higher with the key Straits Times Index finishing 6.56 points up at 3,237.05 on Thursday.
STOCKS

STI drifts ahead of action-packed Thursday

THE local bourse meandered through all of Tuesday's session in an uninspired fashion, no thanks to Wall Street's lower close and the absence of fresh leads. ...

Singapore shares close 2.6 points lower

SHARES in the local bourse closed lower for the second consecutive session with the key Straits Times Index losing 2.56 points to finish at 3,235.75.
STOCKS

Local bourse subdued after London attack

TRADING in the local bourse was rather limp on Monday following the weekend's terror attack in London, escalating rift in the Gulf area and ahead of an event-packed week in terms of macro data and politics. ...

Singapore shares close 1.7 points down

SHARE prices in the local bourse closed lower with the key Straits Times Index finishing the day 1.7 points down at 3,238.31.

Share buybacks on SGX hit highest level in eight months in May

MAY was a bumper month for share buybacks on the Singapore Exchange (SGX), with 20 companies repurchasing some 18.5 million shares worth S$48.6 million - the highest in eight months.
STOCKS

Eleventh-hour push drives STI up 6 points

THE local bourse's key Straits Times Index finished May's last trading day on a higher note although it had stayed flat to lower for much of the last couple of hours, snapping out of a three-day dour run. ...

Singapore shares close six points higher

SHARES at the Singapore bourse ended the last trading day of May higher, with the key Straits Times Index up 6.03 points at 3,210.82.

MAS caps 2-year extensive probe into 1MDB fund flows

THE Monetary Authority of Singapore ended its "most extensive" ever two-year check on banks involved in the illicit fund flows of 1Malaysia Development Berhad (1MDB) with two more banks getting the rap, bringing the total number of banks here to eight that have been stung in various...

Changtian Plastic receives S$17.2m takeover offer from its founders

MAINBOARD-listed Changtian Plastic & Chemical has received a takeover offer worth S$17.2 million from its two founders and major shareholders at S$1.30 per share cash.

Changtian Plastic's founders launch S$17m takeover bid at S$1.30 apiece

MAINBOARD-LISTED Changtian Plastic & Chemical Limited has received a takeover offer worth S$17.2 million from its two founders and major shareholders through United Tech Industries Ltd at S$1.30 per share cash.
STOCKS

Subdued trading could hit the local bourse

A SHORTENED trading week ahead in key markets chiefly the United States, China, Hong Kong and Taiwan, plus Wall Street's subdued close overnight on Friday after the week's robust outing, could quelch activity in the local bourse. ...

Global M&As may hit new high by Sept: facilitator

DEAL-MAKING worldwide for the first nine months of this year could hit a record as it clicks higher by 7 per cent from a year ago, galvanised by activity in the healthcare, consumer and retail and real estate sectors, according to the latest forecast by a deals facilitator.

Singapore's Royal Group sells Sydney hotel for A$140m to Chinese consortium

SINGAPORE's Royal Group has agreed to sell one of its prized assets, a five-star hotel in Sydney, to a Chinese real estate consortium for what is believed to be a record price for non-central business district hotels in Australia at A$140 million (S$144 million)...

Tuan Sing sets issue price of S$120m notes

TUAN Sing Holdings has priced its S$120 million 6 per cent notes due 2020 which are expected to be issued on June 5.

Singapore shares open 7 points down

SHARES prices in the local bourse opened lower with the key Straits Times Index at 3,227.11, down 7.26 points.

Women golfers have better shot at that boardroom seat: study

IF you're a woman angling for a better shot at entering the corporate boardroom, you may have to own that backswing. ...