Chip Eng Seng to invest 153m yuan in real estate project in Taicang City

CHIP Eng Seng announced on Friday that it is investing about 153 million yuan (S$30 million) in a real estate development project in Taicang City, Jiangsu, China.

Chip Eng Seng invests 153m yuan in Taicang City real estate development project

CHIP Eng Seng announced on Friday that it is investing about 153 million yuan (S$30 million) in a real estate development project in Taicang City, Jiangsu, China.

TT International's independent auditors warn of group's ability to continue as going concern

TT International's independent auditors announced on Friday night that the existence of material uncertainties may cast significant doubt about the group's ability to continue as a going concern.

A-iTrust to invest in forward purchase of special economic zone development in Pune

THE trustee-manager of Ascendas India Trust (A-iTrust) said after trading hours on Friday that it will be investing in a forward purchase of BlueRidge 3, a 1.8 million square feet special economic zone development located at Hinjewadi, Pune for a total estimated purchase consideration of about S...

Low Keng Huat Q1 net profit slides 91% with no sales project launched

CONSTRUCTION engineering company Low Keng Huat on Friday posted a net profit of S$450,000 for the first quarter ended Apr 30, down 91 per cent from S$5.17 million a year ago on the back of lower profit from the development segment as there was no project launched for sale in Q1.

Memtech IFA says Chuang family's S$1.35/share cash offer 'fair and reasonable'

THE independent financial adviser (IFA) for Memtech International said that the cash offer of S$1.35 per share by a consortium led by company chairman Chuang Wen Fu to delist the firm is "fair and reasonable".

Singapore, UK ink deals to deepen cooperation between both financial hubs

SINGAPORE and the UK on Thursday inked agreements to enhance cooperation in data connectivity, talent development and green finance between the two financial centres.

Annica Holdings served writ of summons filed by former employee

ANNICA Holdings announced late on Thursday that it has been served with a writ of summons, endorsed with a statement of claim, filed by former employee Edwin Sugiarto for an amount of S$416,784 on June 12.

Ayondo's COO departs, one week after CFO's resignation

TRADING platform developer Ayondo announced on Thursday night that its chief operating officer (COO) Edward Drake has left his position effective June 13, following the completion of the disposal of unit Ayondo Markets Limited.

Advanced Systems requests for time extension to hold AGM

ADVANCED Systems Automation said on Thursday that the company is requesting for a further extension of time from the Singapore Exchange to hold its annual general meeting (AGM) for FY2018 by July 31.

A-Smart Holdings sinks into the red with Q3 net loss of S$128,000

PRINTING firm A-Smart Holdings sank into the red with a net loss of S$128,000 for its third quarter ended Apr 30, compared to a profit of S$39,000 a year ago.

FLT divests 50% interest in Queensland property for A$134.2m

THE manager of Frasers Logistics & Industrial Trust (FLT) announced on Thursday that it is divesting 50 per cent of its ownership in the property at 99 Sandstone Place, Queensland, Australia for A$134.2 million (S$126.8 million) to an entity managed by DWS2, a global real estate investment...

Chaswood Resources requests for time extension to submit proposal to resume trading

CHASWOOD Resources on Thursday said that it made an application to the Singapore Exchange for a time extension to submit its resumption proposal to resume trading.

AusGroup's subsidiary secures A$25m worth of contracts

AUSGROUP Limited's subsidiary AGC Industries has been awarded various contracts for construction and maintenance work worth over A$25 million (S$23.6 million) in total.

Coal mine of Geo Energy's subsidiary affected by flood

GEO Energy Resources Limited announced on Thursday that a flood is affecting the production and delivery of coal from the mine of its subsidiary PT Tanah Bumbu Resources in Indonesia.

Swee Hong granted moratorium of 6 months

CONSTRUCTION company Swee Hong said on Thursday that the company's application to the High Court to seek a moratorium was granted on Wednesday.

Acra rejects RT LLP's resignation as auditor of China Great Land

THE interim judicial managers of China Great Land Holdings announced on Thursday that Acra has rejected the application made by RT LLP to resign as auditor of the company for the financial year ended Dec 31, 2017.

Singapore, UK ink deals to deepen cooperation between both financial centres

SINGAPORE and the UK on Thursday inked agreements to enhance cooperation in data connectivity, talent development and green finance between the two financial centres.

GREEN BONDS

Singapore looking to grow its sustainable finance sector: Heng

OVER S$6 billion worth of green bonds have been issued in Singapore so far, with plans to grow the sustainable finance sector even further, said Acting Prime Minister and Minister for Finance Heng Swee Keat on Wednesday.

Epicentre receives new statutory demand from 3 ex-directors

CATALIST-LISTED former Apple reseller Epicentre Holdings announced on Wednesday after trading hours that it received a new statutory demand from three of its former independent directors, namely Giang Sovann, Lim Jin Wei and Azman Hisham bin Ja'afar, for a sum of S$50,001 for outstanding...

JEP Holdings receives letter of demand for US$219,284

JEP Holdings announced on Wednesday that its wholly-owned subsidiary JEP Industrades was served a letter of demand dated June 7 by the solicitors acting for Korean-domiciled company YG-1 Co for a sum of US$219,284.25.

Epicentre gets new statutory demand from ex-IDs, responds to SGX queries

EPICENTRE Holdings announced on Wednesday that it received a new statutory demand from three of its former independent directors, namely Giang Sovann, Lim Jin Wei and Azman Hisham bin Ja'afar, for a sum of S$50,001 for outstanding directors' fees on June 11.

Allied Tech requests for time extension to hold AGM, release Q1 results

PRECISION engineering firm Allied Technologies announced on Wednesday that it is requesting for a further time extension from the Singapore Exchange (SGX) to hold its annual general meeting for FY18, release its financial results for the first quarter of FY19, and to issue its sustainability...

Excelpoint invests US$2m in thermal imaging solutions startup

MAINBOARD-LISTED electronics components distributor Excelpoint Technology announced on Wednesday that its wholly-owned subsidiary PlanetSpark is investing US$2 million in Meridian Innovation, a Singapore-based company developing thermal imaging sensor solutions.

Mapletree Investments acquires first office property in Dublin

MAPLETREE Investments announced on Tuesday that it is acquiring an eight-storey office building comprising approximately 210,000 square feet of net internal area in Dublin from Irish real estate developer Marlet Property Group, marking its first office acquisition in the Irish capital.