Energy pathfinder

ISABELLE Kocher, chief executive of French energy firm Engie, has in recent years been best known for being the first (and to date still only) French woman to lead a company in Paris's CAC 40 stock market index...
HOCK LOCK SIEW

Noble saga offers lessons for Singapore capital market

"WHY has the company come to this stage?"...
BT EXCLUSIVE

Wholesale electricity price spikes unsettle independent retailers

PRICE spikes in the wholesale electricity market just as competition heats up in the Open Electricity Market (OEM) have left independent retailers crying foul, but power generation companies attribute the increases to unusually high demand.

Data analytics and e-platforms changing the commodity sector

THE use of data analytics and electronic platforms is transforming the Singapore commodity-trading sector, says a senior officer of Enterprise Singapore (ESG).

Noble's red streak continues in Q1

CONSTRAINTS on liquidity and availability of trade finance continued to dampen Noble's performance in its first quarter...

Noble posts loss of US$71.5m for Q1, hopes to publish shareholder circular by end-May

CONSTRAINTS on liquidity and availability of trade finance continued to dampen Noble's performance in its first quarter...

Singapore, US chemicals PE firms setting up fund to scale up and boost deals

CHEMICALS-focused private equity firm Hafnium Hafaway, newly set up in Singapore late last year, has tied up with US private equity player Lion Chemical Partners to jointly set up a fund and explore other business development opportunities.

Apsil to undertake another rights cum warrants issue, narrows loss in Q3

CATALIST-LISTED Asia-Pacific Strategic Investments Limited (Apsil) is planning another rights cum warrants issue to strengthen its financial position and capital base.

SGX buys stake in FX-processing network Cobalt

THE Singapore Exchange (SGX) is to buy a stake in foreign exchange (FX) post-trade processing network Cobalt.

Midas board says firm is no longer a going concern

MIDAS Holdings' board has warned that the company cannot operate as a going concern, while the firm's auditors said separately that its auditor reports for Midas from 2012 to 2016 can no longer be relied upon...

Investing in energy? Look out for EV penetration rates and cost of renewables

INVESTORS who don't want to be left behind by the energy transition will need to keep an eye on a few indicators; these include the global demand for oil, electric vehicle (EV) penetration and the cost of technology for renewable energy sources such as solar and wind, says Investec Asset...

ASL Marine issues profit warning for Q3

MARINE firm ASL Marine Holdings is expecting to report a net loss for the third quarter and nine months of the 2018 financial year.

Apsil plans another rights cum warrants issue; Q3 loss narrows

CATALIST-LISTED Asia-Pacific Strategic Investments Limited (Apsil) is planning another rights cum warrants issue to strength its financial position and capital base.

Sunpower secures 80m yuan of environmental equipment contracts

ENVIRONMENTAL protection solutions specialist Sunpower Group has secured 80 million yuan (S$16.76 million) of environmental equipment manufacturing contracts from a subsidiary of Shanghai-listed TBEA Co Ltd.

Midas' board says company cannot operate as going concern; auditors turn their back on past years' work

MIDAS Holdings' board has declared that the company cannot operate as a going concern, while the firm's auditors said separately that its auditor reports for Midas from 2012 to 2016 can no longer be relied upon...

SGX invests in FX post-trade processing network Cobalt

THE Singapore Exchange (SGX) has made an investment to buy a stake in foreign exchange (FX) post-trade processing network Cobalt.

BreadTalk Q1 net profit plummets 89% on absence of divestment gain

THE absence of a one-time divestment gain dented results for BreadTalk Group in its first quarter.

Sembcorp Q1 profit falls 34% in absence of one-time gain

SEMBCORP Industries' earnings slumped 34 per cent in the first quarter, despite a rise in revenue, in the absence of a one-off gain from the disposal of Cosco Shipyard Group in the year-ago period...

GSS Energy to acquire Batam land, build factory for S$8m

OIL and precision engineering group GSS Energy is planning to acquire land in Batam and to build a factory there for S$8.04 million.

Hyflux's Oman subsidiary faces arbitration suit by sub-contractor

A SUB-CONTRACTOR of Hyflux's indirect wholly-owned subsidiary in Oman has filed an arbitration suit against the firm...

BreadTalk Q1 net profit plummets 89% on absence of divestment gain

THE absence of a one-time divestment gain dented results for BreadTalk Group in its first quarter.

Sias urges Fincantieri to extend offer period for Vard

INVESTOR advocacy group Securities Investors Association Singapore (Sias) has called on Fincantieri Oil & Gas to extend the offer period for Vard Holdings following a messy extraordinary general meeting (EGM) on Monday.

OUE H-Trust Q1 DPS dips to 1.26 cents

OUE Hospitality Trust's distribution per stapled security (DPS) for the first quarter slipped to 1.26 Singapore cents, from 1.30 Singapore cents in the previous year...

China Great Land's CEO and independent director resign

THE chief executive and an independent director for construction service provider China Great Land Holdings Ltd have resigned.