Corporate digest
Pacific Radiance
SINGAPORE-LISTED offshore and marine group Pacific Radiance, together with its advisers, has begun discussions with its bank lenders to review the group's financial position and capital structure, it said in a Singapore Exchange filing on Friday. The group and the bank lenders intend to work towards a consensual restructuring of the group's borrowings, said the group, which is undergoing debt refinancing or restructuring.
Sakae Holdings
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results