NTUC assistant director-general Ang Hin Kee to helm SNCF

UNIONIST Ang Hin Kee will succeed Dolly Goh as the chief executive of the Singapore National Co-operative Federation (SNCF) with effect from Nov 1.

Fortuna Hotel next to Farrer Park MRT station up for sale with S$98.8m guide price

FORTUNA Hotel at 2 Owen Road has been launched for sale by tender with a guide price of S$98.8 million, sole marketing agent CBRE said on Wednesday.

Teckwah suspends trading after close of privatisation offer

MAINBOARD-LISTED Teckwah Industrial Corp requested a suspension in the trading of its shares with immediate effect on Tuesday morning.

Mary Chia to buy 80% of Monsoon Hairdressing from celebrity hairstylist Addy Lee

CATALIST-LISTED beauty and wellness firm Mary Chia Holdings has entered into a sale and purchase agreement to buy an 80 per cent stake in five companies under the Monsoon Hairdressing group for about S$3 million.

Sembcorp, SP to create platform with renewable energy certificate marketplace

ENERGY companies Sembcorp Industries and SP Group are collaborating to develop an environmental sustainability platform for corporates and consumers, with a marketplace that trades renewable energy certificates (RECs) and carbon credits, as well as to provide carbon consulting services.

JTC, URA launch sites in Tampines, Sembawang, Farrer Park

THE Urban Redevelopment Authority (URA) on Tuesday launched a residential with commercial site for tender, and JTC launched two industrial land plots - one via tender and another for application.

EMA awards S$23m to three firms for energy efficiency projects

A TOTAL of S$23 million has been awarded by the Energy Market Authority (EMA) to three power generation companies for them to embark on energy efficiency projects that will reduce their carbon emissions.

JTC, URA launch land plots at Farrer Park, Sembawang, Tampines

THE Urban Redevelopment Authority (URA) on Tuesday launched a residential with commercial site for tender, while JTC launched two industrial land plots - one via tender and another for application.

Sembcorp, SP to create platform with renewable energy cert marketplace, carbon consulting

ENERGY companies Sembcorp Industries and SP Group on Tuesday said they are collaborating to develop an environmental sustainability platform for corporates and consumers, with a marketplace that trades renewable energy certificates (RECs) and carbon credits, as well as to provide carbon...

ARA Logos to buy Australia properties, invest in sponsor's funds

ARA LOGOS Logistics Trust (ALog) plans to fork out S$404.4 million to buy five properties in Australia from ventures managed by its sponsor, Logos Property Group, as well as invest in two of the sponsor's funds.

UOB's value chain financing sees doubling of clients in H12020

UOB on Monday said it has seen a doubling in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019.

UOB's value chain financing posts twofold growth in H1 2020

UOB on Monday said it has seen a twofold increase in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019.

Keppel O&M, EMA award grant for Singapore's first floating energy storage system

KEPPEL Offshore & Marine (Keppel O&M) and the Energy Market Authority (EMA) have jointly awarded a research grant to pilot Singapore's first floating Energy Storage System (ESS).

ARA Logos to buy Australia properties and invest in sponsor's funds for S$404.4m

ARA LOGOS Logistics Trust (ALog) has proposed to fork out S$404.4 million in total, to buy five properties in Australia from ventures managed by its sponsor, Logos Property Group, as well as invest in two of the sponsor's funds.

Stocks to watch: Keppel, Oxley, Top Glove, GL, Q&M Dental

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

ST Engineering, Montran sign MOU to digitalise payments and settlements systems

ST ENGINEERING on Friday said it has signed a memorandum of understanding (MOU) with Montran Corporation focusing on the "digitalisation of critical payments and securities settlement systems" in the Asia-Pacific region.

First Reit's Indonesian tenant asks to restructure master lease agreements

THE manager of First Real Estate Investment Trust (First Reit) on Thursday said it has received a request from its Indonesian subsidiary, Metropolis Propertindo Utama (MPU), for the restructuring of existing master lease agreements, additional rental relief for the second half of the year, as...

Stocks to watch: Mapletree Commercial Trust, iFast, Straits Trading, Chip Eng Seng

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

Straits Trading prices S$200m five-year notes at 3.75%

PROPERTY firm The Straits Trading Company will issue at par S$200 million worth of notes maturing on Oct 29, 2025.

CMT's DPU up 1.3% to 3.1 cents as funds retained in H1 are released for distribution

CAPITALAND Mall Trust's (CMT) distribution per unit rose 1.3 per cent to 3.1 Singapore cents for its third quarter ended Sept 30, from 3.06 cents a year ago.

Energy storage systems installed in Singapore to support solar deployment

THE Energy Market Authority (EMA) on Thursday said it has partnered industry stakeholders, the research community and other government agencies to co-create Energy Storage System (ESS) solutions that will help support the growth of solar deployment in Singapore.

Singapore shares slip at Thursday's open after weak lead from US; STI down 0.4%

SINGAPORE stocks started Thursday on a softer note, after a lacklustre lead from Wall Street as investors mull the odds of a US stimulus deal by the end of the week.

CapitaLand Mall Trust posts Q3 DPU of 3.1 S cents

CAPITALAND Mall Trust's (CMT) distribution per unit rose 1.3 per cent to 3.1 Singapore cents for its third quarter ended Sept 30, from 3.06 cents a year ago.

CCT Q3 DPU falls 9.1% to S$0.02; expected to delist on Nov 3

CAPITALAND Commercial Trust (CCT) on Wednesday posted a 9.1 per cent fall in its third-quarter distribution per unit (DPU) to two Singapore cents, from 2.2 Singapore cents a year earlier.

Mastercard, MatchMove, Idemia to pilot fingerprint biometric card in Asia

MASTERCARD, Singapore fintech MatchMove and tech company Idemia are working together to develop a card that will allow fingerprint authorisation at in-store payment terminals in Asia, in a bid to enhance the safety and security of contactless transactions.