PM Lee convenes committee to review data security in public sector

A PUBLIC sector data security review committee was convened by Prime Minister Lee Hsien Loong on Sunday to conduct a review of data security practices across the entire public service, following a series of recent data breaches.

Top tax lawyer Ong Sim Ho to rejoin Drew & Napier

TOP TAX lawyer Ong Sim Ho will rejoin Drew & Napier's tax and private client services team as an equity partner from April 1, 2019, giving the law firm a lift as it rides on Singapore's enhanced tax position as a global wealth and investment hub....

Swiber Holdings signs agreement with Seaspan

SWIBER Holdings announced on Saturday that New York-listed box ship player Seaspan Corporation will be investing up to US$200 million in the marine engineering group, in what it says is a "significant step forward" in its restructuring....

Investor Perman Hadi to grant US$2 million convertible loan to Resources Prima Group

INDONESIAN coal miner Resources Prima Group on Sunday said that it has executed an investment agreement with individual Perman Yadi, who will grant a convertible loan to the company with a principal amount of US$2 million.

RHT Health Trust appoints Paul Hoahing as CEO of trustee-manager

RHT Health Trust announced on Sunday that Paul Hoahing will be appointed as the CEO of the trustee-manager with effect from 1 April 2019.

PM Lee convenes panel to conduct review of data security practices across public sector

A PUBLIC sector data security review committee was convened by Prime Minister Lee Hsien Loong on Sunday to conduct a comprehensive review of data security practices across the entire public service, following a series of recent data mismanagement and breaches.

Swiber Holdings signs investment agreement with NY-listed Seaspan, getting up to US$200m shot in the arm

BELEAGUERED Swiber Holdings announced on Saturday that New York-listed box ship player Seaspan Corporation will be investing up to US$200 million in the marine engineering group, in what it says is a “significant step forward” in its restructuring.

Alliance Healthcare planning IPO on Catalist board

ALLIANCE Healthcare Group, an integrated healthcare group based in Singapore, is planning an initial public offering (IPO) in the Republic to fund its business expansion.

SGX RegCo warns Camsing Healthcare's former independent directors

IN AN unprecedented move, the Singapore Exchange RegCo (SGX RegCo) on Friday warned three former independent directors of Camsing Healthcare that it will assess their suitability for appointment as a director or executive officer in any issuer listed on the SGX.

SLB's Matthew Ong named president of Association of Catalist Companies

MATTHEW Ong, executive director and CEO of SLB Development Limited, was elected the second president of the Association of Catalist Companies (ACC), a non-profit association which draws its membership primarily from companies listed on the Catalist board of the Singapore Exchange.

SGX RegCo warns Camsing Healthcare's former independent directors

IN an unprecedented move, the Singapore Exchange (SGX) RegCo on Friday warned three former independent directors of Camsing Healthcare that it will assess their suitability for appointment as a director or executive officer in any issue on the SGX.

CRCT, CapitaLand to divest interests in CapitaMall Wuhu

CAPITALAND Retail China Trust (CRCT) announced on Friday that it will be divesting its 51 per cent interest in a company that owns CapitaMall Wuhu to an unrelated third party for 92.7 million yuan (S$18.3 million).

Frasers Logistics & Industrial Trust to divest Australia facility for A$17.25m

FRASERS Logistics & Industrial Trust's (FLT) manager announced on Friday that it will be divesting its property at 63-79 South Park Drive, Dandenong South, Victoria, Australia for A$17.25 million (S$16.6 million).

Tianjin Zhong Xin posts net profit of 567.8m yuan for FY2018

TIANJIN Zhong Xin Pharmaceutical Group has posted a net profit of 567.8 million yuan (S$114.7 million) for FY2018, up 20 per cent from 473.3 million yuan a year ago, lifted by interest income and gains from associated companies Sino-American Tianjin Smithkline & French Lab and Tianjin Hong...

Alliance Healthcare Group eyes Catalist listing in Singapore

ALLIANCE Healthcare Group, an integrated healthcare group based in Singapore, is planning an initial public offering (IPO) in the Republic to fund its business expansion.

China Kangda swings back into the black for FY18

CHINA Kangda Food Company, which sells chicken and rabbit meat, posted a net profit of 5.64 million yuan (S$) for its financial year ended Dec 31 2018, reversing from a loss of 15.78 million yuan a year ago.

AGV Group says it is able to continue as a going concern, fulfil debt obligations

AGV Group said on Thursday that its board is of the view that it is able to continue as a going concern, in response to queries from the Singapore Exchange on its full-year financial results ended Sept 30, 2018.

OneApex acquires 51% of fund management firm owned by executive director

ONEAPEX Limited, formerly known as Chew's Group, announced on Thursday that the company has entered into a sale-and-purchase agreement with its executive director Chiu Joon Sun to acquire 51 per cent of shares in fund management firm OneWealth Development for S$338,000 in cash.

Hotel Properties inks JV with Japan real estate firm to invest in hotel, condo

HOTEL Properties Limited announced on Thursday that it has entered into a joint-venture (JV) agreement with Japanese real estate firm Tokyo Tatemono Co to acquire a 75 per cent stake in a new hotel and a 25 per cent co-ownership interest in up to 450 condominium units for approximately 20.85...

Tribe Accelerator announces first batch of 10 startups

TRIBE Accelerator, a blockchain accelerator that is part of Singapore-based venture capital firm Trive Ventures, on Thursday announced its first batch of startups in its product development-focused programme.

GIC buys 25% stake in Dutch boutique hotel

SINGAPORE sovereign wealth fund GIC announced on Wednesday that it has acquired a 25 per cent equity interest in Netherlands-based boutique hotel chain citizenM.

D'Grove Villas up for collective sale at asking price of S$398m

D'GROVE Villas, a freehold high-rise residential redevelopment site in District 10 along Orange Grove Road, is up for collective sale at an asking price of S$398 million, according to marketing agent Centaline Singapore....

Hyflux changes scheme meetings location to accommodate larger number of attendees

HYFLUX announced on Wednesday that there will be a change in location for its upcoming scheme meetings in order to accommodate a larger number of attendees.

ST Engineering to fully acquire Belgium satellite telecoms group for 250m euros

ST Engineering announced on Wednesday that it has entered into a conditional share purchase agreement to acquire 100 per cent ownership of Belgium-based satellite telecommunications firm Newtec Group for 250 million euros (S$383 million) in cash.

Darco inks MOU to venture into renewable energy industry

DARCO Water Technologies announced on Wednesday that it has entered into a Memorandum Of Understanding (MOU) with Malaysian firm Mattan Engineering to build and own photovoltaic power plants across South-east Asia as a means to venture into the renewable energy industry.