Civmec's Q4 profit drops 35.4% to S$956,000

A SHARE in the loss of a joint venture along with higher administrative expenses dented results for Civmec for its fourth quarter.

Civmec Q4 earnings drops 35.4%

A SHARE in the loss of a joint venture along with higher administrative expenses dented results for Civmec in its fourth quarter.

CWG International acquires land in Jiangsu and Anhui

REAL estate group CWG International on Monday announced that it has been successful in its bid for the land use rights of a land parcel at Changshu city, Jiangsu province, China for 454 million yuan (S$92.8 million).

CWG announces land acquisition, buyout of Chinese land owner

REAL estate group CWG International on Monday announced that it has been successful in its bid for the land use rights of a land parcel at Changshu city, Jiangsu province, China for 454 million yuan (S$92.8 million).

Moody's projects Singapore real GDP growth for full year at 2.5%

FOLLOWING an economic expansion of 2.7 per cent year on year in the first half of 2017, Moody's projects real GDP (gross domestic product) growth for the full year at 2.5 per cent, the midpoint of the government's forecast of 2-3 per cent. It believes that external demand will continue to...

Quick takes: Singapore non-oil exports growth up 8.5% in July

NON-OIL domestic exports (NODX) growth rose 8.5 per cent year on year in July, extending the 8.8 per cent growth in June, according to trade promotion agency International Enterprise (IE) Singapore.

12 land parcels for vegetable farming at Lim Chu Kang up for sale by public tender

THE Agri-Food & Veterinary Authority of Singapore (AVA) on Thursday launched 12 land parcels for vegetable farming at Lim Chu Kang for sale by public tender.

Singapore shares open lower on Thursday

SINGAPORE share prices opened 0.51 per cent lower on Thursday with the Straits Times Index down 16.67 points to 3,262.28 at 9.05 am.

Stocks to watch: Keppel Corp, Oxley Holdings, Loyz Energy

THE following companies saw new developments that may affect trading of their shares on Thursday:

Loyz Energy back in the black, posts profit of US$11.4m for Q4

THE successful renegotiation of the consideration for the acquisition of a Thailand concession between Loyz Energy and Carnarvon Thailand, resulting in a gain on derecognition of deferred consideration of US$19 million, boosted results for Loyz Energy (Loyz) for its fourth quarter.

Keppel and partners pare and sell stake in FLNG for US$658m to Golar LNG Partners

KEPPEL Corporation on Thursday said it has signed a sale and purchase agreement together with Golar LNG and Black & Veatch (B&V) to sell an equity interest in Golar Hilli LLC to a subsidiary of Golar LNG Partners for US$658 million, less net lease obligations.

Oxley Holdings boosts stake in United Engineers to 10.43%

OXLEY Holdings on Thursday disclosed that the company had on Wednesday acquired, through open-market purchases, shares of United Engineers (UE), resulting in Oxley holding 10.43 per cent of the total number of issued shares, excluding treasury shares and subsidiary holdings of UE.

Four High Court judges appointed: Prime Minister's Office

FOUR new judges of the High Court have been appointed by President Tony Tan Keng Yam on the advice of Prime Minister Lee Hsien Loong.

Creative awarded S$36 million in legal proceedings against Huawei

CREATIVE Technology and its subsidiary QMax Communications on Wednesday updated that the Court has issued its judgement, holding Huawei International liable for misrepresentation and being "grossly negligent" when it was vendor for Creative's wireless broadband project...

Wing Tai Properties' perpetual bonds more than four times subscribed

PROPERTY company Wing Tai Properties is looking to raise S$160 million through an issuance of senior guaranteed perpetual capital notes, priced at a coupon of 4.35 per cent.

Katong property up for sale, expects offers of S$57-61m

THE vendors of a freehold site located along Amber Road have put it up for sale by expressions of interest, and expect offers of between S$56.6 million and S$61 million.

Singapore finance, telco players to help SMEs adopt technology

SEVEN memoranda of intent (MOIs) were announced between the Infocomm Media Development Authority (IMDA), telecommunication and financial institutions on Wednesday.

Del Monte Pacific names new CEO for US unit

DEL Monte Pacific on Wednesday announced the appointment of Gregory Longstreet as the new chief executive officer (CEO) of the company's US subsidiary, Del Monte Foods Inc (DFMI), effective Sept 5, 2017...

Singapore shares down 0.57% on Wednesday

SINGAPORE stocks opened 0.57 per cent lower on Wednesday, with the Straits Times Index falling 18.87 points to 3,276.06 as at 9.05am.

Stocks to watch: Noble Group, Best World International, Oxley Holdings

THE following companies saw new developments that may affect trading of their shares on Tuesday:

LTA seeks proposals to develop on-demand public bus services

THE Land Transport Authority (LTA) on Tuesday called a tender to seek proposals from the industry to trial on-demand, dynamically-routed public bus services that optimise their routes and schedules based on real-time commuter demand.

Best World shares plunge 11% on news of China's crackdown on direct selling firms

BEST World International (BWI), a direct seller of skincare and wellness products, in response to the Singapore Exchange's queries on its unusual trading performance on Tuesday, referred to a Bloomberg report on Aug 15 which had reported on market concerns of a crackdown by regulators on the...

LTA seeks industry proposals to develop on-demand public bus services

THE Land Transport Authority (LTA) on Tuesday called a tender to seek proposals from the industry to trial on-demand, dynamically-routed public bus services that optimise their routes and schedules based on real-time commuter demand.

Singapore Airlines, Avianca sign codeshare agreement

SINGAPORE Airlines (SIA) and Latin-American carrier Avianca have signed an agreement to codeshare on each other's flights with effect from September 2017. ...

SIA, F&N bond issuances oversubscribed

SINGAPORE Airlines (SIA), which is looking to raise S$700 million through a 10-year bond issuance at 3.13 per cent, has received an order book of more than S$1.1 billion from 60 accounts.