Vallianz proposes 30-to-1 share consolidation

OFFSHORE support vessel owner and operator, Vallianz Holdings, has proposed to consolidate every 30 existing ordinary shares in the company into one ordinary share.

Aviva Investors appoints new head of institutional sales for Asia from rival AXA IM

AVIVA Investors, the global asset management business of insurer Aviva plc, has appointed Tom Clapham as its head of institutional sales for Asia, effective immediately, the group announced on Wednesday.

Aviva Investors appoints new head of institutional sales for Asia from rival AXA IM

AVIVA Investors, the global asset management business of insurer Aviva plc, has appointed Tom Clapham as its head of institutional sales for Asia, effectively immediately, the group announced on Wednesday. 

Stocks to watch: Addvalue, Frasers Logistics & Industrial Trust, mm2 Asia, SPH

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

Vallianz proposes 30-to-1 share consolidation, gets nod for listing of settlement shares

OFFSHORE support vessel owner and operator, Vallianz Holdings, has proposed to consolidate every 30 existing ordinary shares in the company into one ordinary share. 

Ezion enters into loan agreements with secured lenders

OFFSHORE and marine company Ezion Holdings on Tuesday said it has entered into loan agreements with all secured lenders pursuant to its refinancing exercise and the extension of additional working capital of up to US$118 million.

Ezion enters into loan agreements with secured lenders, completes issue of warrants and consent shares

OFFSHORE and marine company Ezion Holdings on Tuesday said it has entered into loan agreements with all secured lenders pursuant to its refinancing exercise, and the extension of additional working capital of up to US$118 million.

Singapore shares open higher on Tuesday, STI up 0.2% to 3,247.02

SINGAPORE stocks opened higher on Tuesday, with the Straits Times Index advancing 8.08 points, or 0.2 per cent to 3,247.02 as at 9.02am. 

Stocks to watch: Kimly, Chip Eng Seng, Sembcorp Industries

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

SMG may adopt dividend policy in fiscal 2019, eyes regional expansion

SINGAPORE Medical Group (SMG) may implement a formal dividend policy in fiscal 2019 along with a share buy-back mandate as part of its plan to enhance shareholder value, the Catalist-listed clinic operator said in an exchange filing on Monday night.

Acromec wins 3 contracts worth S$6.2m from healthcare, pharmaceutical companies

ENGINEERING firm Acromec has secured three new contracts worth about S$6.2 million from healthcare and pharmaceutical companies.
PROPNEX LISTING

PropNex gains 10% on trading debut

SHARES of homegrown property service group PropNex Realty on Monday closed 10 per cent higher on the company's trading debut on the mainboard, as PropNex becomes the second real estate brokerage to be listed on the local bourse after Apac Realty. ...

SPH launches Sweet new creative and content marketing unit

SINGAPORE Press Holdings (SPH) has set up a new creative and content marketing unit called Sweet, the mainboard-listed media company announced on Monday.

Stratech fails to get creditors' nod for scheme of arrangement

MAINBOARD-listed The Stratech Group has failed to garner creditors' approval for its proposed scheme of arrangement, the surveillance technology provider said in an exchange filing on Sunday. ...

SPH launches Sweet new creative and content marketing unit

SINGAPORE Press Holdings (SPH) has set up a new creative and content marketing unit called Sweet, the mainboard-listed media company announced on Monday. 

Steel distributor AnnAik appoints chairman's son as deputy CEO

CATALIST-LISTED AnnAik has appointed Ow Eei Meng Benjamin as deputy CEO of the company, the steel distributor announced on Monday. 

PropNex debuts on SGX mainboard at 68.5 Singapore cents apiece

HOMEGROWN real estate service group PropNex on Monday made its trading debut on the Singapore Exchange's (SGX) mainboard at an opening price of 68.5 Singapore cents apiece...

CNMC's Sokor mine in Malaysia produced 8,750 ounces of gold in Q2

CNMC Goldmine Holdings on Monday announced that with the firm's carbon-in-leach (CIL) plant in full commercial operation since May 2, its flagship Sokor gold mine in Malaysia produced a total of 8,750 ounces of gold doré bars in the second quarter this year...

Singapore shares open higher on Monday, STI up 0.3% to 3,279.3

SINGAPORE stocks seem to be off to a good start for the week, with the Straits Times Index rising 10.6 points, or 0.3 per cent to 3,279.3 as at 9.01am on Monday. 

Stocks to watch: PropNex, Vard Holdings, China Aviation Oil

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

Stratech Group fails to get creditors' nod for scheme of arrangement

MAINBOARD-listed The Stratech Group has failed to garner creditors' approval for its proposed scheme of arrangement, the surveillance technology provider said in an exchange filing on Sunday. ...

Del Monte posts Q4 profit of US$12.3m on one-off gain

A ONE-OFF gain from the purchase of Del Monte Foods Inc (DMFI) loans at a discount in the secondary market gave a fillip to Del Monte Pacific's fourth-quarter results, and the mainboard-listed company posted a Q4 net profit of US$12.3 million, up from US$2.9 million in the year-ago period...

NUS, Singapore Maritime Institute set up S$18m research centre

THE National University of Singapore (NUS) and the Singapore Maritime Institute (SMI) announced on Friday the setting up of an S$18 million research centre to help Singapore's maritime and port industries develop innovative capabilities, and enhance their global competitiveness. ...

Pacific Radiance narrows Q1 net loss to US$12.8m

PACIFIC Radiance, a provider of integrated offshore marine support services, has narrowed its first-quarter net loss by 13 per cent to US$12.8 million from last year, mainly due to improved performance from its offshore support services business.

Bike rental wars: ofo, Mobike apply for licences; Mobike scraps deposit

BIKE sharing operators ofo and Mobike have applied for operating licences with Singapore's Land Transport Authority (LTA), the companies said on Friday...