Singapore surgical robotics firm NDR raises S$8m in Series A round

SURGICAL robotics startup NDR Medical Technology has raised S$8 million in a Series A funding round led by MicroPort Scientific, a Chinese medical device developer and manufacturer, NDR said on Monday.

GE quick takes: Candidates shouldn't chant party slogans; WP highlights gender wage gap

SINGAPORE will go to the polls on July 10 in an election that will see all 93 seats in 31 constituencies contested.

Wirecard to assess Singapore services amid parent's insolvency filing in Germany

WIRECARD has told Singapore regulators it is "assessing" if it can continue providing services in the Republic, with the parent of the German fintech collapsing into insolvency this month after admitting that 1.9 billion euros (S$2.98 billion) in cash on its balance sheet is likely non-existent...

UOBAM launches S-Reit income fund for Taiwan retail investors

UOB Asset Management (Taiwan), or UOBAM (Taiwan), on Tuesday launched a Singapore real estate investment trust (S-Reit) income fund targeted at Taiwan retail investors.

Singapore AI startup bags US$7m in Series A round led by two US venture capitalists

ENTERPRISE artificial intelligence (AI) startup NextBillion.ai has raised US$7 million in a Series A round co-led by American venture capitalists Lightspeed Venture Partners and Falcon Edge Capital.

Stocks to watch: SIA, ComfortDelGro, CapitaLand, Ascendas Reit, Halcyon Agri

THE following companies saw new developments that may affect trading of their securities on Monday:

Southern Alliance Mining ends 8% up on trading debut

MALAYSIA-BASED iron-ore producer Southern Alliance Mining (SAM) on Friday ended its first day of trading on the Catalist board at S$0.27, 8 per cent above its initial public offering (IPO) price of S$0.25. From the start of trading at 9am till market close, the units traded within a narrow band...

Southern Alliance Mining makes Catalist debut at 4% above IPO price

MALAYSIA-BASED iron ore producer Southern Alliance Mining (SAM) debuted on the Singapore Exchange's (SGX) Catalist board on Friday at S$0.26, up S$0.01 or 4 per cent from its S$0.25 initial public offering (IPO) price.

Stocks to watch: CapitaLand Mall Trust, ARA Logos, SIA, Southern Alliance Mining, Starhill Global Reit

THE following companies saw new developments that may affect trading of their securities on Friday:

Stocks to watch: SGX, Singapore Airlines, IHH, Sapphire, Boustead Projects, USP

THE following companies saw new developments that may affect trading of their securities on Tuesday:

Stocks to watch: First Reit, Keppel, mm2 Asia, Ascott Residence Trust, ThaiBev

THE following companies saw new developments that may affect trading of their securities on Monday:

Warburg Pincus to own 48.7% of ARA

US PRIVATE equity firm Warburg Pincus is set to own nearly half of ARA Asset Management, following the impending exit of AVIC Trust as a shareholder in the real estate fund manager.

Eagle Hospitality Trust's sponsor directors confirm resignations on May 26

HOWARD Wu and Taylor Woods on Tuesday stepped down from the boards of Eagle Hospitality Trust's (EHT) managers.

Singapore shares open higher ahead of fourth budget; STI up 0.9%

SINGAPORE shares started the work week higher ahead of an announcement of Singapore's fourth Covid-19 support package on Tuesday.

Warburg Pincus mops up bulk of ARA shares held by Chinese trust

US private equity firm Warburg Pincus is set to own nearly half of ARA Asset Management, following the impending exit of AVIC Trust as a shareholder in the real estate fund manager.

CDL sells more homes but achieves lower sales value in Q1

CITY Developments Limited (CDL) and its joint-venture associates sold 185 homes worth S$278.1 million for the first three months ended March 31, compared to 173 units valued at S$516.3 million in the same period last year.

Qatar Airways giving away 100,000 free tickets to healthcare workers

QATAR Airways on Monday said it is giving away 100,000 free tickets to frontline healthcare workers around the world to thank them for their work during the Covid-19 pandemic.

Qatar Airways giving away 100,000 free tickets to healthcare workers

QATAR Airways on Monday said it is giving away 100,000 free tickets to frontline healthcare workers around the world to thank them for their work during the Covid-19 pandemic.

SPH launches Tamil Murasu and The Straits Times news tablet bundle package

SINGAPORE Press Holdings (SPH) on Tuesday launched a Tamil Murasu and The Straits Times news tablet bundle package aimed at bilingual readers.

Frasers Centrepoint Trust issues S$200m 3-year notes at 3.2%

THE trustee of Frasers Centrepoint Trust (FCT) on Monday issued S$200 million of notes due 2023 with a 3.2 per cent fixed-rate coupon.

CDL almost halves sales value, temporarily closes 30% of hotels in Q1

CITY Developments Limited (CDL) and its joint-venture associates sold 185 units with total sales value of S$278.1 million for its first quarter ended March 31, versus 173 units with sales value of S$516.3 million a year ago, CDL said on Tuesday.

Singapore shares open lower on Tuesday; STI down 1.1%

SINGAPORE shares opened lower on Tuesday after US markets finished mixed overnight.

Razer Fintech organises May 15-17 hackathon to solve financial challenges amid pandemic

RAZER’S fintech arm, Razer Fintech, will launch its first digital hackathon in Singapore to "support and resolve issues faced by the youth and local startups due to the Covid-19 crisis".

Stocks to watch: AMTD, SGX, Lendlease Global Reit, FSL Trust, CapitaLand, Keppel, HC Surgical

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Yangzijiang Q1 profit tumbles 51% following China lockdown

YANGZIJIANG Shipbuilding's net profit halved to 403.8 million yuan (S$80.8 million) for its first quarter ended March 31, 2020, from 824.1 million yuan a year ago.