Commuters can now pay for train, bus rides using wearables

SINGAPORE is another step closer to a cashless society.

Swensen's parent firm to acquire catering group

ABR Holdings, the food and beverage (F&B) company that owns Swensen's in Singapore, on Wednesday announced its proposed acquisition of catering group Chilli Padi...

Owner of Swensen's to acquire Chilli Padi catering group

ABR Holdings, the food and beverage (F&B) company which owns and operates Swensen's in Singapore, announced on Wednesday its proposed acquisition of the catering group, Chilli Padi...
HOCK LOCK SIEW

Trendlines Group must show it can build great companies

THE Trendlines Group, an Israel-based medtech incubator listed on the Singapore Exchange (SGX), has received a shot in the arm of up to S$2.2 million from Spring Singapore.

Alibaba Cloud partners NUS, EZ-Link to boost data capabilities (Amended)

ALIBABA Cloud, the cloud computing arm of Jack Ma-founded Alibaba Group, is deepening its commitment in Singapore, its headquarters for international business.

Koh Brothers forays into beauty market with South Korea's Koracle

KOH Brothers Group on Monday announced that its subsidiary, K-Skin, has entered into a memorandum of understanding (MOU) with Koracle to form a joint venture for the purpose of setting up beauty clinics and wellness spas in Singapore and Johor, Malaysia.
HOT STOCK

Anchor Resources queried on stock price surge

ANCHOR Resources - the little-reported, Catalist-listed mineral explorer - was among the most actively traded stocks on the Singapore Exchange (SGX) on Friday.

Loans growth at OCBC's Chongqing branch triples y-o-y in Nov

OCBC said on Friday that loans growth at its Chongqing branch (operated by wholly owned subsidiary OCBC Wing Hang China) has tripled year-on-year in November 2016 as a result of increased business activity.

Hot stock: Anchor Resources up by as much as 19%

ANCHOR Resources, the Catalist-listed mineral explorer, was the most actively traded stock on the Singapore Exchange on Friday.

Loans growth at OCBC's Chongqing branch triples y-o-y in Nov

OCBC said on Friday that loans growth at its Chongqing branch (operated by wholly owned subsidiary OCBC Wing Hang China) had tripled year-on-year in November 2016 as a result of increased business activity.

Singapore shares open flat on Friday

SINGAPORE shares opened flat on Friday with the Straits Times Index (STI) up 7.38 points or 0.25 per cent to 3,000.38 at 9 am, following gains in Tokyo.

Stocks to watch: CapitaLand Mall Asia, GLP

THE following companies made announcements before the market opened on Friday that could affect the trading of their shares:

Capitaland Mall Asia redeems S$400m bonds issued in 2012

CAPITALAND Mall Asia said on Friday that its wholly owned subsidiary CapitaMalls Asia Treasury has redeemed all of the S$400 million, 3.8 per cent callable step-up bonds due 2022, that were issued on Jan 12, 2012.

Tembusu sells 36% interest in Ednovation for over S$50m

TEMBUSU Partners, a Singapore-based private equity firm, said on Thursday that it has divested its 36-per-cent stake in homegrown education group, Ednovation, to private equity firm CDH Investments, in a deal valued at over S$50 million.

Vard Holdings privatisation offer turns unconditional

MAINBOARD-LISTED shipbuilding firm Vard Holdings said on Thursday that the privatisation offer from its Italian parent group Fincantieri Oil & Gas has been declared unconditional, following a reduction of acceptance condition.

Ministry of Law calls for feedback on proposed changes to Trustees Act

THE Ministry of Law on Thursday launched a public consultation to gather public feedback on the proposed amendments to the Trustees Act.

Fincantieri's privatisation offer of Vard Holdings declared unconditional

VARD Holdings said on Thursday that the voluntary conditional cash offer from Fincantieri Oil & Gas to buy out the remaining equity that it does not hold in Vard has been declared unconditional.

See Kee Oon, Chua Lee Ming appointed as Judges of the High Court

SEE Kee Oon and Chua Lee Ming have been appointed as Judges of the High Court, the Prime Minister's Office announced on Thursday...

UK bandwidth provider Colt to expand network in Singapore, Hong Kong

COLT, the UK-based firm that provides high bandwidth services for enterprises globally, announced on Thursday that it will expand and enhance the Colt IQ Network in Singapore and Hong Kong this year as part of plans to invest significantly into Asia over the next three years.

EMS Energy says hearing of applications fixed

EMS Energy announced on Thursday that the hearing of applications has been fixed at 10 am on Jan 25 for a special half-day hearing.

Roland Ng is SCCCI's 59th president

ROLAND Ng has been elected as president of the Singapore Chinese Chamber of Commerce & Industry (SCCCI).

Singapore shares open flat on Thursday

SINGAPORE shares opened flat on Thursday with the Straits Times Index (STI) up 13.88 points or 0.46 per cent to 3,014.82 at 9.01 am, following gains in Europe and the US.

Stocks to watch: GLP, ISDN Holdings

THE following companies made announcements before the market opened on Thursday that could affect the trading of their shares:

GLP renews 3.6m sq ft of leases with US customer

GLP, the mainboard-listed logistics company said to be in talks on the possible sale of the firm, announced on Thursday that it has extended 3.6 million sq ft of leases with a customer in the US.

Emas Q1 loss narrows to US$2.2m

EMAS Offshore - a unit of Ezra Holdings and dually listed in Singapore and Norway - on Wednesday posted a net loss of US$2.2 million for the quarter ended Nov 30, 2016 (Q1 2017), citing continual weakness in the offshore oil and gas industry.