Singapore stocks: STI resumes Friday afternoon trading at 3,526.33, down 0.1%

SINGAPORE stocks resumed trading slightly lower on Friday afternoon, with the Straits Times Index retreating 2.59 points or 0.1 per cent to 3,526.33 as at 1pm. 

Hyflux restructuring negative for creditors: Moody's

HYFLUX'S restructuring, which may include a combination of haircuts, debt maturity extension, or interest rates adjustments, could lead to financial losses for creditors, Moody's Investors Service said in a research report released on Friday. ...

Yoma Strategic, Pernod Ricard joint venture eyes Myanmar's whisky industry

MAINBOARD-listed Yoma Strategic Holdings on Friday said it intends to form a joint venture company with Pernod Ricard alongside other partners to produce and distribute whisky in Myanmar. 

Singapore shares open lower on Friday, STI down 0.3% to 3,518.88

SINGAPORE stocks opened lower on Friday, with the Straits Times Index retreating 10.04 points, or 0.3 per cent to 3,518.88 as at 9.01am.

Stocks to watch: RHT Health Trust, SingHaiyi, Singapore Shipping Corp, Bukit Sembawang Estates

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

FSL Trust uses proceeds from bond issue as partial repayment for loan

FIRST Ship Lease (FSL) Trust Management on Friday said it has raised net proceeds of about US$7 million following the issue of its redeemable 7 per cent convertible bonds on May 21. 

MLT sells S$220m of units at S$1.197 apiece to cover rich end of price talk

MAPLETREE Logistics Trust (MLT) has priced an upsized S$220 million overnight placement of units at S$1.197 apiece to cover the rich end of initial indications. 

QT Vascular sells IP rights for its coronary products to US firm

MEDTECH firm QT Vascular on Thursday said it has entered into an asset purchase-and-option agreement with Teleflex Life Sciences Unlimited Company and New York-listed Teleflex Incorporated to sell the firm's intellectual property rights to its non-drug coated coronary products, including...

Vard to build fishing vessel for Norwegian trawler company

SHIPBUILDER Vard Holdings has clinched a contract for the design and construction of a stern fishing trawler for Nergård Havfiske AS in Norway, for about 400 million Norwegian kroner (S$66.5 million).

3 Liang Seah shophouses seeking S$30m; 6 Little India conservation units up for auction

THREE adjoining shophouses at 33 Liang Seah Street have been launched for sale via private treaty at S$30 million, while six conservation shophouses at Desker Road are up for auction.

QT Vascular to sell coronary assets to Teleflex for S$98.4m; receive royalties, revenue from supply deals

MEDTECH firm QT Vascular on Thursday said it has entered into an asset purchase and option agreement with Teleflex Life Sciences Unlimited Company and New York-listed Teleflex Incorporated to sell the firm's intellectual property rights to its non-drug coated coronary products, including...

SGX holding retail education carnival at VivoCity this weekend for new investors

THE Singapore Exchange (SGX) on Thursday said it will be holding its retail education event this weekend (May 26-27) at VivoCity's Outdoor Plaza Atrium, as part of its ongoing efforts to educate new investors and encourage them to start investing. ...

3 Liang Seah Street shophouses for sale at S$30m; 6 Little India conservation shophouses for auction

THREE adjoining shophouses at 33 Liang Seah Street have been put up for sale via private treaty at S$30 million, marketer Colliers International said in a press statement on Thursday. 

Singapore shares open higher on Thursday, STI up 0.4% to 3,510.46

SINGAPORE stocks opened higher on Thursday, with the Straits Times Index gaining 14.19 points, or 0.4 per cent to 3,510.46 as at 9.01am. 

Stocks to watch: ISOTeam, Vard, Boustead Singapore

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

Vard clinches contract to build stern trawler for 400m kroner

SHIPBUILDER Vard Holdings has clinched a contract for the design and construction of a stern fishing trawler for Nergård Havfiske AS in Norway, for about 400 million Norwegian kroner (S$66.5 million).

Touché and OCBC to launch fingerprint-based credit card payments

LOCAL fintech startup Touché has partnered with OCBC Bank to bring what it says is the world's first fingerprint, biometric-based payment to credit card merchant customers in Singapore. ...

FSL Trust secures loan offer to refinance two chemical tankers

FIRST Ship Lease (FSL) Trust on Tuesday said it has secured a loan offer to refinance its remaining two chemical tankers, and completed a US$7.25 million bond issue.

72-unit condo complex Balestier Regency up for sale for S$218m

BALESTIER Regency, a 72-unit condominium complex off Balestier Road, has been launched for collective sale by tender and is expected to fetch some S$218 million, marketer Teakhwa Real Estate said on Wednesday.

Deliveroo to turn to analytics, data science to do better

BRITISH food courier Deliveroo is launching a new business intelligence unit (BIU) in Singapore to drive its expansion into the Asia-Pacific region. This new unit will be recruiting, and may also expand to have staff in Hong Kong as well.

Deliveroo to set up new business intelligence unit in Singapore to drive regional expansion

BRITISH food courier Deliveroo is launching a new business intelligence unit (BIU) in Singapore to drive its expansion into the Asia-Pacific region. This new unit will be recruiting, and may also expand to have staff in Hong Kong. 

Deliveroo to set up new business intelligence unit in Singapore to drive regional expansion

BRITISH food courier Deliveroo is launching a new business intelligence unit (BIU) in Singapore to drive its expansion into the Asia-Pacific region. This new unit will be recruiting, and may also expand to have staff in Hong Kong. 

Singapore stocks: STI resumes Wednesday afternoon trading at 3,501.31, down 1.2%

SINGAPORE stocks resumed trading lower on Wednesday afternoon, with the Straits Times Index shedding 41.87 points, or 1.2 per cent to 3,501.31 on the day as at 1.02pm. 

Balestier Regency up for collective sale with S$218m minimum expected price

BALESTIER Regency, a 72-unit condominium complex off Balestier Road, has been launched for collective sale by tender on Wednesday with a minimum expected price of S$218 million, marketer Teakhwa Real Estate said. 

Touché, OCBC to launch 'highly secure' fingerprint-based credit card payments

LOCAL fintech company Touché is tying up with OCBC Bank to bring what it says is the world's first fingerprint biometric-based payment to credit card merchant customers in Singapore. ...