Owner of Soilbuild Reit's manager takes S$30m of its S$65m perps offering

THE controlling shareholder of Soilbuild Business Space Reit's manager is taking nearly half of the real estate investment trust's S$65 million subordinated perpetual securities offering, according to a filing with the Singapore Exchange early Friday morning...

NTUC Enterprise to buy Kopitiam, subsidiaries for undisclosed sum by year-end

NTUC Enterprise Co-operative Limited is acquiring homegrown food centre operator Kopitiam Investment and its subsidiaries as part of its social mission to ensure that cooked food remains affordable and accessible to the Singapore community, it announced on Friday.

Drug developer Cennerv lodges prospectus for Catalist IPO

SINGAPORE-based biotech Cennerv Pharmaceuticals, a developer of drugs to treat central nervous system (CNS) disorders, lodged a preliminary prospectus on Wednesday for a planned initial public offering (IPO) on the Singapore Exchange's Catalist board. ...

NTUC Enterprise to buy Kopitiam in move to keep cooked food prices affordable

NTUC Enterprise Co-operative Limited is acquiring homegrown food centre operator Kopitiam Investment and its subsidiaries as part of its social mission to ensure that cooked food remains affordable and accessible to the Singapore community, it announced on Friday.

Insomnia drug developer Cennerv lodges preliminary documents for Catalist IPO

SINGAPORE-based biotech Cennerv Pharmaceuticals, a developer of drugs to treat central nervous system (CNS) disorders, lodged a preliminary prospectus on Wednesday for a planned initial public offering (IPO) on the Singapore Exchange's Catalist board...

Singapore shares rise at Friday's open; STI up 0.94% to 3,210.44

SINGAPORE stocks opened stronger on Friday, with the Straits Times Index heading up 0.94 per cent or 30.01 points to 3,210.44 as at 9.02am.

Owner of Soilbuild Reit's manager takes S$30m of its S$65m perps offering

THE controlling shareholder of Soilbuild Business Space Reit's manager is taking nearly half of the real estate investment trust's S$65 million subordinated perpetual securities offering, according to a filing with the Singapore Exchange early Friday morning...

Mapletree Logistics Trust prices S$375m placement offer at S$1.21 apiece

MAPLETREE Logistics Trust (MLT) has completed a private placement that was launched on Wednesday and will issue about 309.9 million new units at an issue price of S$1.21 apiece to raise S$375 million, the trust said in a Singapore Exchange (SGX) filing on Thursday.

Ascott Reit acquires one-north site to build co-living property

ASCOTT Residence Trust (Ascott Reit) has acquired a prime greenfield site at Nepal Hill in Singapore's research and innovation business hub one-north for S$62.4 million, the company announced on Thursday...

OUELH receives listing and quotation notice for 2.2b new rights shares

OUE Lippo Healthcare has received a listing and quotation notice for 2.2 billion new rights shares for the healthcare company's one-for-one rights offering...

Singapore ranked the 2nd best Asian city for technology companies: report

SINGAPORE is the second-best city for technology companies looking to establish or expand operations in Asia, according to a report published on Wednesday by real estate services and investment management company Colliers International.

Atlantic Navigation, unit receive arbitration notices for US$3m and US$5.8m for balance payment, cancelled order

ATLANTIC Navigation Holdings (Singapore) Limited and its subsidiary Atlantic Maritime Group FZE (AMG) have received notices of arbitration from a Chinese shipbuilder regarding a balance payment of about US$3 million for a shipbuilding agreement, and damages of US$5.8 million on a cancelled order.

Singapore shares rise at Thursday's open; STI up 0.17% to 3,181.95

SINGAPORE stocks opened stronger on Thursday, with the Straits Times Index advancing 0.17 per cent or 5.38 points to 3,181.95 as at 9.02am.

Stocks to watch: Mapletree Logistics Trust, Keppel, Ascott Reit, Far East, Asiatravel.com

THE following companies saw new developments which may affect trading of their shares on Thursday:

Mapletree Logistics Trust prices S$375m placement at S$1.21 apiece near cheap end of talk

MAPLETREE Logistics Trust (MLT) has completed its private placement that was launched on Wednesday and will issue about 309.9 million new units at an issue price of S$1.21 per new unit to raise S$375 million, the trust said in a Singapore Exchange (SGX) filing on Thursday.

Ascott Reit buys prime greenfield site for S$62.4m to build first co-living property in one-north

ASCOTT Residence Trust (Ascott Reit) has acquired a prime greenfield site at Nepal Hill in Singapore's research and innovation business hub one-north for S$62.4 million, the company announced on Thursday morning...

Waterloo Apartments up for sale at S$115m

WATERLOO Apartments at 64 Waterloo Street is the latest site to be put up for collective sale, and the first one with outline planning permission for hotel use, marketing agent Cushman & Wakefield said in a press statement on Wednesday.

Singapore among best Asian cities for technology companies: report

SINGAPORE is the second-best city for technology companies looking to establish or expand operations in Asia, according to a report published on Wednesday by real estate services and investment management company Colliers International.

Alliance Mineral puts dual listing plans on hold

ALLIANCE Mineral Assets has shelved plans to seek a dual listing as a merged entity with Tawana Resources on the Australian Securities Exchange (ASX), the mining company said in a Singapore Exchange (SGX) announcement on Wednesday. Alliance will remain listed on the SGX.

Waterloo Apartments in Civic District up for collective sale at S$115m, with provisional nod for hotel use

WATERLOO Apartments at 64 Waterloo Street is the latest site to be put up for collective sale, and the first one with outline planning permission for hotel use, marketing agent Cushman & Wakefield said in a press statement on Wednesday.

Alliance, Tawana postpone plans to list as merged group on ASX

ALLIANCE Mineral Assets has decided not to seek a dual listing on the Australian Securities Exchange (ASX) for now, and will remain listed only on the Singapore Exchange (SGX), the mining company said in an SGX announcement on Wednesday.

Fincantieri extends exit offer for Vard to Oct 15

FINCANTIERI Oil & Gas has extended the deadline on its buyout offer for shipbuilder Vard Holdings once again, by about three and a half weeks to 5.30pm on Oct 15, Vard said in a filing on the Singapore Exchange on Wednesday afternoon.

Singapore ranks second in top Asian locations for tech companies: Colliers

SINGAPORE is the second-best city for technology companies looking to establish or expand operations in Asia, according to a report published on Wednesday by real estate services and investment management company Colliers International.

Singapore shares rise at Wednesday's open; STI up 0.18% to 3,145

SINGAPORE stocks opened stronger on Wednesday, with the Straits Times Index rising 0.18 per cent or 5.66 points to 3,145 as at 9.02am.

Stocks to watch: BlackGold, Chuan Hup, PCI, Noble, SBS Transit, SGX, Frasers Property

THE following companies saw new developments which may affect trading of their shares on Wednesday: