UNITED Overseas Bank on Tuesday said in a filing to the bourse operator that it intends to issue S$750 million 3.5 per cent subordinated notes due 2029, callable in 2024.

MERCURIUS Capital Investment Limited on Tuesday said that it is in preliminary discussions with unrelated parties about a potential joint venture and a separate disposal transaction.

MAINBOARD-LISTED logistics facilities provider GLP on Tuesday said that it has signed 106,000 sq m (1.1 million sq ft) of new leases with third party logistics companies in China over the past two...

POWER company AusNet Services on Tuesday said that it has agreed to a settlement of a class action relating to the 2014 Mickleham Road bushfire for a total of A$5 million (S$5.4 million).

SINGAPORE recorded a flat year for company formation in 2016, with the share of foreign individuals setting up companies here surging to 44 per cent, from 26 per cent in 2015.

HOT STOCKS

SHARES in Ezion Holdings succumbed to selling pressure on Monday following its warning of a net loss for the final quarter and full year of 2016.

HOCK LOCK SIEW

COMPOSITE insurer Great Eastern, a subsidiary of OCBC Bank, recently posted an 11 per cent fall in fourth-quarter net profit to S$195.2 million and a 25 per cent drop in full-year earnings to S$589.3...

PROPERTY developer Eco World International Bhd (EWI) has kicked off the process of initial public offering (IPO) with the signing of three agreements, including a share subscription deal with...

OKP Holdings' fourth-quarter net profit more than quadrupled thanks to higher revenue, better gross profit margin and improved contributions from associates and joint ventures...

AUSTRALIAN residential property developer AVJennings on Monday reported a 14.4 per cent drop in net profit to A$14.1 million (S$15.3 million) for the six months ended Dec 31, 2016, as revenue took a...