Keppel Infra Trust to raise S$450m through placement, preferential offer

KEPPEL Infrastructure Trust (KIT) will raise S$450 million through a placement and a non-renounceable underwritten preferential offering of new units, its manager announced in a regulatory filing on Thursday.

2,203-unit Treasure at Tampines up for preview

TREASURE at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, is available for preview from March 15, with sales slated to start later this month at an average price of approximately S$1,280 per square foot (psf).

Ramba Energy changes name to Eneco Energy after S$10.2m placement

OIL and gas company Ramba Energy has changed its name to Eneco Energy following a <a href="https://www.businesstimes.com.sg/companies-markets/ramba-to-raise-s102m-in-fresh-placement-kills-earlier-deal-with-fund">placement of S$10.2 million worth of new shares</a> to Eneco...

Keppel Infrastructure Trust to raise S$450m through placement, preferential offer

KEPPEL Infrastructure Trust (KIT) will raise S$450 million through a placement and a non-renounceable underwritten preferential offering of new units, its manager announced in a regulatory filing on Thursday.

Sim Lian to open mega Treasure At Tampines condo for preview on March 15

TREASURE at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, will be available for preview this Friday, with sales slated to start later this month at an average price of approximately S$1,280 per square foot (psf). 

Stocks to watch: SIA, Courts Asia, Shanghai Turbo, Sino Grandness, Vibrant Group, LifeBrandz

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

SIA sets up S$2b bond programme for senior unsecured debt

SINGAPORE Airlines (SIA) has established a S$2 billion medium term bond programme for senior unsecured debt, the flagship carrier said in a regulatory filing on Thursday morning.

UOB prices Singapore's first Panda bond at 3.49%

UNITED Overseas Bank (UOB) has successfully priced the first Panda bond from Singapore, which is also only the second issued from a South-east Asian financial institution.

Claremont Hotel back on market with lower asking price

CLAREMONT Hotel, a freehold eight-storey development along Serangoon Road, is back on the market for a second time with the seller eyeing offers in excess of S$70 million.

Co-working space The Great Room to open fourth Singapore location at Raffles Hotel

SINGAPORE-BASED co-working space The Great Room (TGR) is opening at Raffles Hotel Singapore, its fourth location in the city state.

Claremont Hotel back on sale with lower asking price

CLAREMONT Hotel, a freehold eight-storey development along Serangoon Road, is back on the market for a second time with the seller eyeing offers in excess of S$70 million.

Singapore shares open lower on Wednesday, STI down 0.26% to 3,203.82

SINGAPORE stocks edged lower on Wednesday, with the Straits Times Index retreating 8.43 points, or 0.26 per cent to 3,203.82 as at 9.03am.

Stocks to watch: UOB, Singtel, Thomson Medical, SIIC Environment, China Sunsine, Anchor Resources

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

UOB prices Singapore's first Panda bond at 3.49%

UNITED Overseas Bank (UOB) has successfully priced the first Panda bond from Singapore, which is also only the second issued from a South-east Asian financial institution.

S$200m to be set aside to beef up Singapore's supercomputing capability

SINGAPORE'S National Research Foundation (NRF) will set aside S$200 million to upgrade the Republic's supercomputing capability, network speed and quality of access by all institutions of higher learning and research institutions...

Singapore condo resale prices up 0.5% in Feb from Jan: SRX

SINGAPORE condo resale prices increased in February by 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday.

National Research Foundation to allocate S$200m to upgrade Singapore's supercomputing capability

SINGAPORE'S National Research Foundation (NRF) will be setting aside S$200 million to upgrade the Republic's supercomputing capability, network speed and quality for access by all institutions of higher learning and research institutions...

Singapore condo resale prices up 0.5% in February from January: SRX

SINGAPORE condo resale prices increased for the first time in February, up 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday.

Stocks to watch: Hyflux, F&N, Lippo Malls, JCG Investment, Acesian, China Mining

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

The capital conundrum

BUSINESSES need workers to operate, and workers need businesses for jobs. You could say that they are two sides of the same capitalist coin each trying to come up on top. Where to strike the balance is a matter of growing debate in Singapore.

8Telecom served with court summons for non-repayment of share subscription

8TELECOM International has been served with an originating summons taken by Top Capital Securities to put the company into judicial management for not paying back a share subscription consideration of about S$1.7 million.

State Courts Towers to offer co-working space for small law firms

THE Singapore Academy of Law (SAL) will unveil a co-working space for small law firms at the upcoming State Courts Towers along Havelock Road.

New State Courts Towers to offer co-working space for small law firms

THE Singapore Academy of Law (SAL) will unveil a co-working space for small law firms at the upcoming State Courts Towers on Havelock Road.

Serial System's associated company Tong Chiang to be wound up

SINGAPORE'S High Court has ordered the winding up of Serial System's 21 per cent-owned associated company, Tong Chiang Group, on March 1, 2019...

Singapore stocks: STI resumes Friday afternoon at 3,205.11, down 0.75% on day

SINGAPORE stocks edged down as trading resumed on Friday afternoon, with the Straits Times Index declining 0.75 per cent or 24.37 points on the day to 3,205.11 as at 1.34pm.