Neo Group in talks to acquire shares in ER Marketing, Ever Rich
CATERING firm Neo Group Limited has on Thursday entered into an exclusive negotiation agreement in relation to the proposed acquisition of shares in ER Marketing (S) Pte Ltd (ERM) and Ever Rich Pte Ltd, the company said in a Singapore Exchange filing on Thursday.
Asti hotly traded on news of unit disposal talks
SHARES of mainboard-listed Asti Holdings were hotly traded on Wednesday with 125.17 million shares changing hands, following news that a Chinese company is in advanced talks with Asti to acquire its wholly owned subsidiary STI Group.
Great Eastern to sell stake in Malaysian ops for US$1b: report
SINGAPORE insurer Great Eastern Holdings Ltd is planning to dispose of its stake in its Malaysian operations for US$1 billion, said a report in Malaysian newspaper, The Star, on Wednesday.
Hot stock: ASTI shares up 22.5% amid advanced talks to divest STI Group
SHARE prices of ASTI Holdings rose 22.5 per cent on a high volume of 91.95 million shares on Wednesday, following an announcement on Tuesday that a Chinese company is in advanced talks with ASTI to acquire its wholly owned subsidiaries STI Group.
Electronics manufacturing roadmap eyes 2,100 new jobs, S$22b in value-add by 2020: Iswaran
SINGAPORE's electronics sector is set to achieve a manufacturing value-add of S$22.2 billion and create 2,100 new professionals, managers, executives and technicians (PMETs) jobs by 2020, as the electronics industry transformation map (ITM) kicked off on Wednesday...
Fischer Tech's takeover offer scheme is fair, says independent financial adviser
THE appointed independent financial adviser of Fischer Tech's takeover offer by Platinum Equity at S$3.02 a share in cash via a scheme of arrangement said that the scheme is fair and reasonable and that it is not prejudicial to the interests of shareholders. ...
GIC-led Greystar completes Monogram purchase for total transaction value of US$4.4b
PERPETUAL-LIFE fund Greystar Growth & Income Fund (GGIF) LP, which Singapore sovereign wealth fund GIC has a stake in, has completed the acquisition of Monogram for a total transaction value of US$4.4 billion.
Alliance Mineral Assets in talks with Burwill over final prepayment of A$4.375m
ALLIANCE Mineral Assets (AMA) said that the company is in discussion with Hong Kong-listed Burwill Holdings Ltd over the third and final prepayment of A$4.375million (S$4.72 million) from Burwill due on Sept 15, 2017, under the lithium concentrate offtake agreement and certain other terms of the...
Sunseap bags S$75m investment from listed Thai utility Banpu
MORE funds have poured into solar projects across Asia, as Singapore's Sunseap Group secured its first strategic investor, taking the group's equity value to S$300 million. ...
Chartered accountants body develops sustainability reporting guide
THE Institute of Singapore Chartered Accountants (ISCA) has developed a sustainability reporting implementation roadmap to help new or early-stage adopters kickstart their sustainability reporting journey, ISCA said on Tuesday.
Cisco inks MOU with ST Electronics to provide cybersecurity services
CISCO has signed a memorandum of understanding (MOU) with Singapore Technologies Electronics Limited (ST Electronics) on a collaboration to provide managed detection and response security services (MDRSS) to the Singapore government agencies and enterprises, the company said on Tuesday.
Institute of Singapore Chartered Accountants develops sustainability reporting guide
THE Institute of Singapore Chartered Accountants (ISCA) has developed a sustainability reporting implementation roadmap to help new or early-stage adopters kick-start their sustainability reporting journey, ISCA said on Tuesday.
Asia will be home to 60% of world's over 65s by 2030: Deloitte
ASIA will be home to 60 per cent of world's over 65s by 2030, generating a growth cluster of new business opportunities, said Deloitte's latest Voice of Asia report released on Tuesday...
Group of 6 firms to provide DDoS mitigation services to Singapore government agencies
A CONSORTIUM of six companies has been awarded the Singapore government bulk tender for the provision of Distributed Denial of Service (DDoS) mitigation services.
KL-Singapore High Speed Rail project seeking ticketing, fare collection expertise
COMPANIES specialising in ticketing and fare collection (TFC) are invited to share the latest ticketing technology and developments for the purposes of developing a robust TFC approach for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Thai utility Banpu Public Company Limited invests S$75m in Sunseap
SINGAPORE'S integrated clean energy solutions provider Sunseap Group has secured an investment of S$75 million from Banpu Public Company Limited, an energy company listed on the Stock Exchange of Thailand, the group said on Tuesday...
Singapore electronics manufacturing sector a bright spot for jobs, says NTUC leader
THE electronics manufacturing sector is a bright spot for jobs amid rapid technological development and greater consumer demand for devices and gadgets, said NTUC assistant secretary-general Patrick Tay in a Facebook post on Tuesday.
SIAS 8th SINGAPORE CORPORATE GOVERNANCE WEEK 2017
Maximising profit and purpose go hand in hand
BESIDES maximising profitability, pursuing purpose have to go hand in hand to ensure the sustainability of a company for the long term, and establishing a proper corporate culture is one of the keys to achieving that.
Purpose, value, culture drive corporate governance: UK Financial Reporting Council chair
PURPOSE, value and corporate culture will drive corporate governance, said Winfried Bischoff, during the launch of the 8th Singapore Corporate Governance Week on Monday.
DBS training programme, pact with M'sia to boost S'pore fintech industry
SINGAPORE'S fintech (financial technology) scene received a double boost on Friday with the announcement of an industry-first fintech training programme, and the signing of a cooperation agreement between the Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC)...
Keppel T&T unit invests US$10m in US data centre startup
A UNIT of Keppel Telecommunications & Transportation (Keppel T&T) has invested US$10 million in US-based data centre startup Nautilus Data Technologies Inc's Series C preferred stock funding...
MAS, Securities Commission Malaysia inks agreement on fintech, innovation
THE Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) signed a cooperation agreement on Friday to foster closer cooperation on fintech and innovation in financial services between Singapore and Malaysia.
DBS, IMDA to create first fintech training programme under TeSA initiative
DBS Bank and Infocomm Media Development Authority (IMDA) have collaborated to create the first fintech training programme under the TechSkills Accelerator (TeSA) initiative.
Singtel upgrades mobile plans with unlimited talktime, SMS and data
SINGTEL launched on Friday mobile plans with unlimited local data, talktime and SMS/MMS - touted as Singapore's first, the company said in a release on Friday...
Keppel T&T unit invests US$10m in data centre startup Nautilus Data Technologies
KEPPEL Telecommunications & Transportation Ltd's (Keppel T&T) unit invested US$10 million in data centre startup Nautilus Data Technologies Inc's (Nautilus) Series C preferred stock funding, the company said in a Singapore Exchange filing on Friday...