BT EXCLUSIVE

In Singapore, it's not margin calls brokerages worry about

BROKERAGE heads do not foresee a significant jump in forced selling or contra losses even if the market takes a turn for the worst, as high rollers are dwindling in number and simply more cautious than they used to be.

Oxley, KSH, SLB and Heeton say Gaobeidian sales launch to be delayed

OXLEY Holdings, KSH Holdings, SLB Development and Heeton Holdings said on Friday that the sales launch of Phase 1 of their Gaobeidian development project in China will be delayed.

Indonesian white knights put S$530m Hyflux rescue plan on table

A CONSORTIUM comprising two major Indonesian groups - conglomerate Salim Group and energy giant Medco Group - has agreed to give Hyflux a S$400 million equity injection, in exchange for a 60 per cent stake in the water treatment firm once it has settled all its debts.

Salim, Medco consortium to pump S$530m into Hyflux

A CONSORTIUM comprising two Indonesian firms - conglomerate Salim Group and energy giant Medco Group - has entered a binding agreement to invest S$530 million in troubled water treatment firm Hyflux, the latter announced on Thursday after the market closed.
HOCK LOCK SIEW

Improve disclosure rules to strengthen bond market

AS much as bankers chirp about the stunning revival of new deals in the Singapore dollar bond market in the second half of the year, the reality for issuers looking to sell riskier corporate debt has remained rather less sparkling.

Keppel DC Reit DPU up 6.3% in Q3

KEPPEL DC Reit has posted a third-quarter distribution per unit (DPU) of 1.85 Singapore cents, up 6.3 per cent from 1.74 Singapore cents in the same period a year earlier.

Keppel DC Reit Q3 DPU up 6.3%

KEPPEL DC Reit has posted a third-quarter distribution per unit (DPU) of 1.85 Singapore cents, up 6.3 per cent from 1.74 Singapore cents in the same period a year earlier.
BT EXCLUSIVE

Dividend growth stocks trump Reits amid rate hike-driven volatility

AS interest rates perk up and bond yields rise, investors betting on Reits and other erstwhile defensive "bond proxy" dividend stocks for income are being forced to rethink their strategies...

Poll shows mixed support for dual-class shareholding structures

SINGAPORE and Hong Kong both revamped their listing rules to allow the use of dual-class shareholdings (DCS) in initial public offerings this year, citing support from a "majority" of stakeholders in their latest round of consultation...

Dual-class share IPOs still an 'emotive debate', CFA Institute poll finds

SINGAPORE and Hong Kong both revamped their listing rules to allow the use of dual-class shareholdings (DCS) in initial public offerings this year, citing support from a “majority” of stakeholders in their latest round of consultation.
HOT STOCK

Chip Eng Seng shares tumble 10% with no mandatory offer in sight

CHIP ENG SENG shares crashed 10 per cent on Monday as punters wagering on a takeover offer were wrong-footed, when the buyer of the controlling Lim family's 29.73 per cent stake avoided the 30-per cent threshold that would have triggered a mandatory takeover offer...

Hyflux hopes for a strategic investor as bank lenders grow skittish

AS THE clock ticks down to the Dec 18 deadline when Hyflux's debt moratorium will expire, the survival of the insolvent water project developer could hinge on whether any strategic investors come through...

Hyflux pins hope on finding strategic investors as creditors grow skittish

AS the clock ticks down to the Dec 19 deadline when Hyflux's debt moratorium will be lifted, the survival of the insolvent water project developer could hinge on whether any strategic investors come through...

Keppel to build another two LNG carriers for Stolt-Nielsen

KEPPEL Offshore & Marine (Keppel O&M) customer Stolt-Nielsen Gas has exercised its options for Keppel to build for the company two additional small-scale liquefied natural gas (LNG) carriers worth a total of around S$105 million, Keppel said on Sunday.

Stamford Land and Mano Sabnani reach 'amicable settlement'

THE directors of Stamford Land have arrived at an "amicable settlement" with minority shareholder Mano Sabnani, whom the company had earlier sued for alleged defamation, they said on Saturday...

Keppel to build another two LNG carriers for Stolt-Nielsen worth S$105 million

KEPPEL Offshore & Marine (Keppel O&M) customer Stolt-Nielsen Gas has exercised its options for Keppel to build it two additional small-scale liquefied natural gas (LNG) carriers worth a total of around S$105 million, Keppel said on Sunday.

Stamford Land and Mano Sabnani reach 'amicable settlement'

THE directors of Stamford Land have arrived at an "amicable settlement" with minority shareholder Mano Sabnani, whom the company had earlier sued for alleged defamation, they said on Saturday...

Catching your clicks

ALL is for the best in the best of all possible worlds. This line from Voltaire's Candide also applies to the advertisements that follow you from site to site on the open Internet...

StarHub cost-cutting brings out the bulls, but are dividends safe?

STARHUB's swift and decisive cost-cutting plan driven by new chief executive Peter Kaliaropoulos drew the bulls out from hiding on Thursday, pushing the shares up 4.28 per cent to S$1.95 as revenue-growth fears were momentarily put on hold...

Mapletree acquires logistics assets in the US, Europe

MAPLETREE Investments has acquired a 16.5 million sq ft logistics portfolio for US$1.1 billion (S$1.54 billion) from Prologis, Inc.

Mapletree acquires Prologis logistics portfolio for US$1.1 billion

MAPLETREE Investments has acquired a 16.5 million square foot logistics portfolio for US$1.1 billion from Prologis, Inc. 

Datapulse Technology to seek shareholders' approval to expand into hotel business

DATAPULSE Technology has entered into a non-binding letter of intent (LOI) with a South Korean company for the proposed acquisition of a hotel in Seoul.

Mary Chia unit sets up direct selling branch in Taiwan

MARY Chia Holdings said on Wednesday that its wholly owned unit Organica International Holdings has established a Taiwan branch for the direct selling of skincare and health supplements.

Heeton, KSH, Lian Beng consortium acquires hotel in Glasgow

HEETON Holdings, KSH Holdings and Lian Beng Group have joined hands to acquire Hotel Indigo Glasgow in Scotland for an undisclosed sum.