Infinio Group proposes share placement to raise S$2.24m

MINERAL oil and gas firm Infinio Group is seeking to raise S$2.24 million through a proposed share placement of some 1.26 billion shares at 0.18 Singapore cent apiece.

Food Empire's subsidiary embarks on expansion of manufacturing unit in India

MAINBOARD-listed Food Empire Holdings' wholly-owned subsidiary, Indus Coffee, will be expanding its manufacturing facility in India, the group said in a Singapore Exchange (SGX) filing on Wednesday evening after market close...

ST Aerospace wins S$510m worth of contracts in Q4 2017

SINGAPORE Technologies (ST) Engineering's aerospace arm, ST Aerospace, secured new contracts worth S$510 million in the fourth quarter last year, totalling S$2.8 billion for 2017. These contracts are for services ranging from airframe maintenance and landing gears repair to pilot training. ...

Ascendas-Singbridge JV starts construction on office tower in Ho Chi Minh City business park

URBAN solutions provider Ascendas-Singbridge and its joint venture partner, Saigon Bund Capital Partners, on Tuesday announced that construction works for an office tower in Ho Chi Minh City's first fully integrated business park has begun...

Balmoral Gardens to be launched for collective sale; owners expect more than S$92m

BALMORAL Gardens - located near the Orchard shopping belt in prime district 10 - will be launched for a collective sale on Jan 17, 2018, sole marketing agent Huttons Asia said in a press statement on Tuesday night.

SFMA, IE Singapore help local SMEs enter Indonesia's top supermarkets

OVER 100 food products from 12 participating Singapore small and medium enterprises (SMEs) will be featured in top Indonesian supermarkets from Dec 23, 2017 to Dec 2, 2018 via the Tasty Singapore Food Aisle project, IE Singapore and the Singapore Food Manufacturers' Association (SFMA) said in...

Total disputed sum mediated at SMC crosses record S$2.7b mark in 2017

THE total disputed sum mediated at the Singapore Mediation Centre (SMC) came up to a record high of over S$2.7 billion last year - the highest in the centre's history. ...

Ascendas-Singbridge JV starts office tower construction in Ho Chi Minh City's first business park

URBAN solutions provider Ascendas-Singbridge and its joint venture partner, Saigon Bund Capital Partners, on Tuesday announced that construction works for an office tower in Ho Chi Minh City's first fully integrated business park has begun. ...

Rex International unit awarded US$1.95m as HiRex arbitration ends

CATALIST-listed oil explorer Rex International Holding on Tuesday said that arbitration between its wholly owned subsidiary, Rex Technology Management (RTM), and HiRex Petroleum Sdn Bhd has concluded - with RTM being awarded US$1.95 million as a result.

Oil explorer Rex International unit gets US$1.95m arbitration award

CATALIST-listed oil explorer Rex International Holding on Tuesday said that arbitration between its wholly owned subsidiary, Rex Technology Management (RTM), and HiRex Petroleum Sdn Bhd has concluded - with RTM emerging about US$1.95 million richer following the legal claim.

FCL to raise S$300m from perpetual bond issue

FRASERS Centrepoint Limited (FCL) is planning to raise S$300 million from a bond issue, the real estate company said in a Singapore Exchange (SGX) filing on Monday night after market close.

Sale of US gas & power unit nets final amount of US$168m: Noble

COMMODITY trader Noble Group on Monday said the final amount paid by Mercuria Energy America Inc for its indirect wholly-owned subsidiary, Noble Americas Gas & Power Corp (NAGP) stands at US$168 million, higher than the US$102 million announced earlier.

TEE International, TEE Land flag loss for Q2, half-year

MAINBOARD-listed TEE International and its subsidiary TEE Land have issued profit guidances, warning they expect a loss for the second quarter and half-year ended Nov 30, 2017, based on a preliminary assessment of their unaudited second quarter and half-year financial results.

Noble Group puts final amount from sale of US gas and power unit at US$168m

COMMODITY trader Noble Group on Monday said the final amount paid by Mercuria Energy America Inc for its indirect wholly-owned subsidiary, Noble Americas Gas & Power Corp (NAGP), stands at US$168 million, higher than the US$102 million announced earlier.

Memories Group surges 30% on first trading day

MEMORIES Group, formerly known as SHC Capital Asia, began trading on the Singapore bourse at 28.5 Singapore cents on Friday after completing a placement to meet public-float requirements.

Memories Group begins trading on SGX at S$0.285 after reverse takeover of SHC

MEMORIES Group, formerly known as SHC Capital Asia, began trading on the Singapore bourse at 28.5 Singapore cents on Friday after completing a placement to meet public-float requirements.

Singapore shares open lower on Friday

SINGAPORE stocks opened lower on Friday, with the Straits Times Index retreating 1.82 points, or 0.1 per cent to 3,499.34 as at 9.02am.

Stocks to watch: CapitaLand, SembMarine, Sunpower Group

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

FJ Benjamin's high volume prompts enquiry from SGX

FASHION retailer FJ Benjamin Holdings has received yet another query from the Singapore Exchange (SGX) following a spike in its trading volume. The counter had a roller-coaster session on Thursday, trading at a high of 9.2 Singapore cents in early morning trade before closing down 4.88 per cent or...

Yang Kee Logistics completes S$52.1m acquisition of New Zealand peer Fliway

YANG Kee Logistics on Thursday said it has completed the acquisition of New Zealand listed company, Fliway Group, for S$52.1 million - making it the first and largest Singaporean third-party logistics player to operate in New Zealand and the Oceania region.

Singapore stocks enter afternoon session on higher ground; STI at 3,472.7

SINGAPORE shares resumed trading on Thursday afternoon in positive territory with the Straits Times Index at 3,472.7, up 0.2 per cent or 8.42 points on the day as at 1.02pm.

Hot stock: F J Benjamin shares actively traded; prompts SGX query

FASHION retailer F J Benjamin Holdings has received yet another query from the Singapore Exchange (SGX) following a spike in its trading volume.

Triyards sinks into US$162.5m full-year loss

TRIYARDS Holdings, the yard-operating unit of offshore marine firm Ezra Holdings, has swung deep into the red - a plunge worsened by the termination of two shipbuilding contracts worth some US$51 million.

Singapore stocks enter afternoon session on higher ground; STI at 3,403.25

SINGAPORE shares resumed trading on Friday afternoon in positive territory with the Straits Times Index at 3,403.25, up 0.1 per cent or 4.15 points on the day as at 1.02pm.

Triyards sinks into US$162.5m full-year loss with two shipbuilding contracts cancelled

TRIYARDS Holdings, the yard-operating unit of offshore marine firm Ezra Holdings, has swung deep into the red following the termination of two shipbuilding contracts worth some US$51 million.