H1 M&A deals in Singapore up 19% at US$33.8b
MERGER and acquisition (M&A) activity in Singapore in the first half reached heights not seen since H1 2014, with the total value of deals up 19.1 per cent to US$33.8 billion from H1 2017.
Sysma unit secures S$37.7m for construction of Pasir Panjang residential development
SYSMA Construction, a unit of Catalist-listed Sysma Holdings, has secured a S$37.7 million contract with Oxley Amber for the construction of a residential development in Pasir Panjang.
Kingsmen unit awarded S$29m in contracts
KINGSMEN Creatives - which designs booths and other exhibition structures for events - said on Monday evening that its subsidiary, Kingsmen Exhibits, has been awarded contracts worth S$29 million for fabrication and construction works for the Formula 1 Singapore Grand Prix.
Lian Beng unit snags S$95.8m deal for construction of condo at Flora Drive
A UNIT of mainboard-listed construction firm Lian Beng Group on Monday snagged a contract - worth S$95.8 million - for the construction of a condominium at Flora Drive.
H1 M&A deals in Singapore up 19% at US$33.8 billion
MERGER and acquisition (M&A) activity in Singapore in H1 2018 reached heights not seen since 2014 (US$54.6 billion), with the total value of deals up 19.1 per cent to US$33.8 billion from H1 2017, according to a first-half preliminary review on M&A activity published by Thomson Reuters.
Imperium Crown to organise first Beerfest Asia in China
CATALIST-LISTED Imperium Crown on Wednesday signed an agreement with Singapore Press Holdings's (SPH) subsidiary Sphere Exhibits to organise the first Beerfest Asia event in China - Beerfest Shandong...
Imperium Crown ties up with SPH unit Sphere Exhibits to expand Beerfest Asia to China
CATALIST-LISTED Imperium Crown on Wednesday signed an agreement with Singapore Press Holdings (SPH) subsidiary Sphere Exhibits to organise the first Beerfest Asia event in China - Beerfest Shandong.
Atlantic Navigation able to continue as a going concern, say directors
THE opinion of independent auditors with regard to an emphasis of matter listed in their report of Atlantic Navigation Holdings financial statements for the year ended Dec 31, 2017 "remains unqualified", the Catalist-listed company said on Wednesday...
Blackstone closes first Asian private equity fund at US$2.3b
ASSET manager Blackstone said on Wednesday that it has closed its first Asian private equity fund Blackstone Capital Partners Asia (BCP Asia) at about US$2.3 billion, after the fund reached its hard cap.
Singapore shares open flat on Wednesday; STI at 3,430.4
SINGAPORE shares opened flat on Wednesday, with the Straits Times Index down 0.29 point to 3,430.4 at 9.04am as Asian stocks traded mixed following a lacklustre session in US markets on Tuesday.
Senoko Energy launches first solar energy project
SENOKO Energy launched its first solar energy project, with the rooftop installation of solar panels for mobility technology company Continental Automotive Singapore, the power generation player said on Wednesday morning.
Frasers Property opens second development in Tianjin
MAINBOARD-LISTED Frasers Property said that its Frasers Hospitality business has opened Fraser Place Binhai Tianjin - its second property in Tianjin - on Tuesday, as the developer looks to double its footprint in China over the next few years.
Frasers Property opens second development in Tianjin; looks to double footprint in China
MAINBOARD-LISTED Frasers Property said that its Frasers Hospitality business has opened Fraser Place Binhai Tianjin - its second property in Tianjin - on Tuesday, as the property developer looks to double its footprint in China over the next few years.
Singapore stocks: STI resumes Tuesday afternoon trading at 3,439.36, down 0.1% on day
SINGAPORE shares resumed trading lower on Tuesday afternoon, with the Straits Times Index down 0.1 per cent or 2.33 points to 3,439.36 as at 1.04pm.
Singapore shares open lower on Tuesday; STI down 0.1% to 3,437.61
SINGAPORE shares opened 0.1 per cent lower on Tuesday, with the Straits Times Index down 4.08 points to 3,437.61 as at 9.07am, as Asian markets were cautiously optimistic over the Trump-Kim summit.
Stocks to watch: Hyflux, Imperium Crown, Nippecraft
THE following companies saw new developments which may affect trading of their shares on Tuesday:
Singapore stocks: STI resumes Monday afternoon trading at 3,439.7, up 0.1% on day
SINGAPORE stocks resumed trading higher on Monday afternoon, with the Straits Times Index up 3.33 points or 0.1 per cent to 3,439.7 as at 1.03pm.
Singapore shares open higher on Monday; STI up 0.5% to 3,452.62
SINGAPORE shares opened 0.5 per cent higher on Monday, with the Straits Times Index up 16.25 points to 3,452.62 as at 9.02am as Asian stocks traded mixed.
Stocks to watch: Chew's Group, First Sponsor, HRnetGroup
THE following companies saw new developments which may affect trading of their shares on Monday:
HRnetGroup inks deal on acquisition of 51% stake in executive search business in China
HRNETGROUP Limited has on June 9 entered into definitive agreements relating to its January 2018 acquisition of a 51 per cent stake in REForce (Shanghai) Human Resources Management Consulting, it said on Saturday.
First Sponsor unit disposes Dutch hotel stake for 6.88m euros
A 31.4 per cent owned associate of First Sponsor Group is selling its stake in Dutch hotel Bilderberg Landgoed Lauswolt for 6.88 million euros (S$10.8 million).
Singapore stocks: STI resumes Friday afternoon trading at 3,450.42, down 0.7% on day
SINGAPORE stocks resumed trading lower on Friday afternoon, with the Straits Times Index down 22.66 points or 0.7 per cent to 3,450.42 as at 1.04pm.
Broker's take: OCBC downgrades ComfortDelGro to 'hold'
ANALYSTS at OCBC Investment Research have downgraded their call on ComfortDelGro to "hold", but have maintained its 12-month fair value price on the stock to S$2.50 as analysts wait for more clarity over the taxi operator's plans to enter the private hire car space, with new...
Singapore shares open lower on Friday; STI down 0.3% to 3,463.84
SINGAPORE shares opened 0.3 per cent lower on Friday, with the Straits Times Index down 9.24 points to 3,463.84 as at 9.02am as Asian stocks edged lower on Friday after a risk-off session in global markets, which saw technology stocks retreat.