Standard Life no longer CityDev substantial shareholder; sold S$4.7m of shares at S$12.90 each

SCOTLAND-based fund manager Standard Life Aberdeen is no longer a substantial shareholder of Singapore-listed property developer City Developments after selling S$4.7 million of shares on the open market at S$12.90 apiece.

Six Singapore firms form Circle of Practice to address accounting for sustainability

SIX Singapore companies met on April 13 to launch an environmental and sustainability-focused grouping called a Circle of Practice for Accounting for Sustainability.

Yanlord to raise debt in Singapore, HK; mandates DBS, HSBC, StanChart

YANLORD Land Group has mandated DBS Bank, The Hongkong and Shanghai Banking Corp and Standard Chartered Bank as joint global coordinators, bookrunners and lead managers to raise US dollar-denominated senior notes, the property group announced on Monday.

Dissident Datapulse shareholders set June target to declare 20 cents per share payout

DISSIDENT shareholders of Datapulse Technology said on Friday that they can declare an interim dividend of 20 Singapore cents per share before June 14 if they gain board control but acknowledged the challenge of paying more through a capital reduction exercise.

Oceanus auditor qualifies opinion, citing inability to verify payables, loans

THE AUDITOR of Oceanus Group has qualified its opinion of the abalone supplier's 2017 financial statements because it was unable to satisfactorily verify the numbers for certain payables, loans and biological assets...

TEE International Q3 profit doubles to S$374,000; TEE Land profit grows to S$1.2m

ENGINEERING and real estate group TEE International saw net profit double to S$374,000 in its fiscal third quarter, while its listed property arm, TEE Land, said net profit swelled to S$1.2 million over the same period.

Datapulse CEO will diversify controversial hair products business into distribution

DATAPULSE Technology will expand its recently acquired hair care product manufacturer into the distribution business, chief executive Wilson Teng said on Thursday as that business and his directorship are being challenged by a bloc of minority shareholders.

RHT Health Trust seeks bondholders' nod for sale to Fortis, maturity extension

THE MANAGER of RHT Health Trust is asking holders of S$120 million of 4.5 per cent notes due July 2018 to approve a sale of assets to Fortis Healthcare and a six-month extension of the maturity date.

Singapore stocks: STI resumes Wednesday afternoon at 3,485.22, up 0.54%

SINGAPORE stocks resumed trading on Wednesday afternoon in positive territory, with the Straits Times Index rising 0.54 per cent or 18.84 points on the day to 3,485.22 as at 1.01pm.

Co-living startup Hmlet to launch second co-living building near Newton

CO-LIVING startup Hmlet is launching its second fully co-living building in Singapore at 6 Sarkies Road in the Newton neighbourhood.

Vard to build new-design stern trawler for just under 400m Norwegian kroner

SHIPBUILDER Vard Holdings has clinched a contract to build a stern fishing trawler for Havfisk AS for just under 400 million Norwegian kroner (S$67.2 million).

Singapore stocks: STI resumes Tuesday afternoon at 3,459.62, up 0.3% on the day

SINGAPORE stocks resumed trading on Tuesday afternoon on higher ground, with the Straits Times Index rising 0.28 per cent or 9.66 points on the day to 3,459.62 as at 1.01pm.

Moody's raises ESR-Reit outlook to 'stable', affirms 'Baa3' investment grade rating

CREDIT ratings agency Moody's Investors Services has raised its outlook for ESR-Reit to "stable" from "negative", while affirming the industrial real estate investment trust's (Reit) "Baa3" issuer rating...

Casa Meyfort in Meyer Road relaunches en bloc tender, asking S$340m

THE owners of the Casa Meyfort condominium in the Meyer Road neighbourhood are relaunching a public tender for a collective sale after the earlier December 2017 offering at a reserve price of S$340 million failed to draw a successful bid.

ISEC claiming S$159,465 from vendors of clinics that failed to meet profit targets

EYE care provider ISEC Healthcare is claiming S$159,465.30 from vendors of four clinics after three of the clinics failed to reach profit targets that had been set in 2016.

SIA named world's best airline by TripAdvisor reviewers

SINGAPORE Airlines (SIA) has bagged the title of "Best Airline in the World" based on reviews on popular travel website TripAdvisor...

ComfortDelGro expands into patient transport in Australia with A$30m buy

COMFORTDELGRO Corp will continue to be an active acquirer of smaller ticket deals like its latest A$30 million (S$30.2 million) purchase of an Australian patient transport service, analysts said on Monday.

SIA named world's best airline by TripAdvisor

SINGAPORE Airlines (SIA) has bagged the title of "Best Airline in the World" based on reviews on popular travel website TripAdvisor...

Oxley sells 76% of The Verandah Residences at S$1,815 psf average at launch

OXLEY Holdings sold 129 units, or 76 per cent, of the 170-unit The Verandah Residences over the weekend launch of the freehold condominium near the South Buona Vista neighbourhood.

ComfortDelGro expands into patient transport in Australia with A$30m acquisition

COMFORTDELGRO Corp is buying Australian non-emergency patient transport provider National Patient Transport (NPT) for A$30 million (S$30.2 million).

SGX daily turnover up 4% to S$1.3b in March

AN average S$1.32 billion of trades took place each session in March on the Singapore Exchange's (SGX) securities market, a 4.3 per cent improvement over year-ago levels, according to data released by the market operator on Friday...

Singapore stocks: STI resumes afternoon trading at 3,426.81, up 0.6% on the day

SINGAPORE stocks resumed trading on Friday afternoon in positive territory, with the Straits Times Index rising 0.62 per cent or 21.16 points on the day to 3,426.81 as at 1.01pm.

Daily turnover on SGX grew 4% in March to S$1.3b, but daily volume fell 26%

AN average of S$1.32 billion of trades took place each session in March on the Singapore Exchange's (SGX) securities market, a 4.3 per cent improvement over year-ago levels, according to data released by the market operator on Friday...

Singapore shares decline at Friday's open; STI down 0.43% to 3,390.91

SINGAPORE stocks opened lower on Friday, with the Straits Times Index moving down 0.43 per cent or 14.74 points to 3,390.91 as at 9am after US President Donald Trump ordered his administration to consider imposing a further US$100 billion of tariffs on Chinese imports.

Stocks to watch: Noble, FJ Benjamin, Sinjia Land, KTL Global

THE following companies saw new developments that could affect trading of their stocks on Friday: