Four Asean nations to lift barriers to cross-border investment advisory
SOUTH-EAST Asian financial regulators have agreed to allow cross-border investment advisory services and to set standards for social and sustainability bonds, according to announcements from the Asean Capital Markets Forum (ACMF) in Singapore.
Cybersecurity firm Ensign names Temasek's Yeoh Keat Chuan as interim CEO
NEWLY formed cybersecurity firm Ensign InfoSecurity (EIS) has appointed Yeoh Keat Chuan, the managing director of Temasek International's enterprise development group, as its interim chief executive as the search for a longer-term leader continues...
Hyflux still in talks on possible Tuaspring sale, strategic investments
HYFLUX remains actively engaged in discussions with potential investors in its Tuaspring water and power project and in the rest of the group, but has not committed to any particular option; it remains open to considering various opportunities, the water and power infrastructure company announced...
Hyflux says still in talks on possible Tuaspring sale, strategic investment; no details given
HYFLUX remains actively engaged in discussions with potential investors in its Tuaspring water and power project and in the rest of the group, but has not committed to any particular option and remains open to considering various opportunities, the water and power infrastructure company announced...
Singapore's tryb, Insignia among co-leads as Philippines fintech First Circle raises US$26m
PHILIPPINES business-lending fintech startup First Circle has raised US$26 million of additional Series A funding from a group of investors that includes Singapore funds Insignia Ventures Partners and tryb Group.
Singapore shares decline at Friday's open; STI down 0.18% to 3,225.85
SINGAPORE stocks opened lower on Friday, with the Straits Times Index falling 0.18 per cent or 5.74 points to 3,225.85 as at 9.01am after overnight declines in US markets.
Chip Eng Seng halts trading after late Thursday rally draws query
CONSTRUCTION and property group Chip Eng Seng Corp halted the trading of its shares before the market opened on Friday after a late Thursday rally in its stock drew a trading query from the Singapore Exchange.
Singapore stocks: STI resumes Thursday afternoon at 3,238.22, down 0.9%
SINGAPORE stocks continued to slide as trading resumed on Thursday afternoon, with the Straits Times Index slipping 0.89 per cent or 29.18 points on the day to 3,238.22 as at 1.02pm.
Rex now plans to retain large stake in Oman concession
REX International Holding is now considering maintaining a high equity stake in its Block 50 Oman licence instead of farming out a substantial interest following encouraging results from a feasibility study, the oil and gas exploration company announced on Tuesday during the midday trading break.
Owner asks S$41m for Three Buckley duplexes near Newton
THE owner of freehold residential project Three Buckley in the Newton neighbourhood has put the development up for sale by expression of interest with an asking price of S$41 million.
SMRT's mobilityX raises Series A round led by Toyota Tsusho; deal size undisclosed
MOBILITYX, the transportation startup backed by Singapore subway operator SMRT Corp, has raised an undisclosed amount of Series A funding from lead investor Toyota Tsusho Corp.
Singapore stocks: STI resumes Tuesday afternoon at 3,215.09, down 0.13%
SINGAPORE stocks resumed trading on Tuesday afternoon on lower ground, with the Straits Times Index heading down 0.13 per cent or 4.37 points to 3,251.09 as at 1.04pm to extend a weak morning.
Singapore Manufacturing Federation names Ahmad Magad as new secretary-general
THE Singapore Manufacturing Federation (SMF) has appointed Ahmad Magad, group managing director of II-IV infrared optics manufacturing operations in Asia, as its new secretary-general from Oct 16, 2018.
Rex now plans to retain large stake in Oman concession after positive feasibility study
REX International Holding is now considering maintaining a high equity stake in its Block 50 Oman licence instead of farming out a substantial equity interest following encouraging results from a feasibility study, the oil and gas exploration company announced on Tuesday during the midday trading...
Singapore shares decline at Tuesday's open; STI down 0.2% to 3,248.85
SINGAPORE stocks opened lower on Tuesday, with the Straits Times Index moving down 0.20 per cent or 6.61 points to 3,248.85 as at 9.01am after a mixed session for US markets overnight.
Stocks to watch: Thakral, Oxley, Q&M, Katrina
THE following companies saw new developments which may affect trading of their shares on Tuesday:
Katrina acquires first Japanese restaurants for S$952,767
RESTAURANT operation Katrina Group is acquiring its first Japanese establishment with an agreement to buy the two-restaurant Tomo Izakaya business for S$952,767 in cash, according to filings with the Singapore Exchange on Monday night.
Singapore stocks: STI resumes Monday afternoon at 3,263.75, up 0.21%
SINGAPORE stocks retained their positive morning momentum as trading resumed on Monday afternoon, with the Straits Times Index moving up 0.21 per cent or 6.7 points on the day to 3,263.75 as at 1pm.
AnnAik unit clinches additional concession rights for China's Changxing wastewater plant
AN AnnAik subsidiary has clinched additional service concession rights to build and operate a wastewater treatment plant in the Chinese town of Changxing.
Thomson Medical sells hospitality unit to tycoon Gordon Tang's vehicle for S$3.4m
THOMSON Medical Group has sold a hospitality unit to the private vehicle of property tycoon Gordon Tang for S$3.38 million in cash as part of its divestment strategy to focus on its healthcare business, according to a filing with the Singapore Exchange on Friday during the midday trading break.
Singapore shares rise at Friday's open; STI up 0.53% to 3,253.27
SINGAPORE stocks opened stronger on Friday, with the Straits Times Index gaining 0.53 per cent or 17.01 points to 3,253.27 as at 9.01am after overnight gains in US equities.
Keppel Corp, SPH could bid for M1: Bloomberg
KEPPEL Corp and Singapore Press Holdings (SPH) are considering making a bid for telco M1, according to a Bloomberg report citing people with knowledge of the matter.
Stocks to watch: Nico Steel, Metech, Noble, First Ship Lease Trust
THE following companies saw new developments which may affect trading of their shares on Tuesday.
Market abuzz over ownership of Keppel T&T, M1
KEPPEL Corp's announcement on Monday morning about a potential corporate action relating to two listed entities has set the market abuzz, with some analysts predicting that it may privatise one and sell its stake in the other...
Nine HDB shops in mature estates go on sale for S$34m
A PORTFOLIO of nine Housing & Development Board (HDB) commercial units in mature estates is available for sale with a S$34 million guide price, marketing agent CBRE said in a statement on Monday.