Singapore shares jump 1.1% at Tuesday’s open to 3,172.15

SINGAPORE stocks rallied more than 1 per cent on Tuesday morning following a slew of major corporate developments the previous day.

MLT proposes private placement to raise some S$250m

MAPLETREE Logistics Trust (MLT) is proposing a private placement to raise around S$250 million to partially fund its acquisitions, the trust's manager said on Tuesday.

Sakae to pick independent auditor to review Deloitte & Touche's disclaimer, gets more time to hold AGM

THE Singapore Exchange has approved Sakae Holdings' application for an extension to hold its annual general meeting (AGM) originally scheduled for Oct 29.

NUS, Keppel and SLNG tie-up to develop cooling tech for data centres

THE National University of Singapore's Faculty of Engineering, Keppel Data Centres Holdings and the Singapore LNG Corporation (SLNG) have teamed up to develop novel, energy-efficient and cost-effective cooling technology for data centres.

Unitholders give overwhelming support to merger of Ascott Reit, A-HTrust

UNITHOLDERS of Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-HTrust) have given overwhelming support to the proposed merger of the two entities.

Eurokars adds UK brand MG to its Singapore dealership

EUROKARS Group has been appointed the official distributor in Singapore of British car brand MG by China's largest carmaker.

Hot stock: SembMarine shares jump 11.6%, gets SGX query

SHARES of Sembcorp Marine surged on Monday afternoon, prompting a query from the Singapore Exchange (SGX) on the stock's "unusual price movements".

Ascott Reit unitholders approve merger with A-HTrust

THE manager of Ascott Reit said on Monday that the extraordinary general meeting (EGM) resolutions relating to the Reit’s merger with Ascendas Hospitality Trust (A-HTrust) have been passed.

Eurokars named Singapore distributor for British car brand MG

EUROKARS Group has been appointed the official distributor in Singapore of British car brand MG by China’s largest carmaker. 

Cromwell E-Reit completes 19m euro divestment of French industrial property

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) said on Monday that it had on Oct 18 completed the divestment of its Parc d’Osny property in France for 19 million euros (S$28.9 million).

NUS, Keppel and SLNG tie-up to develop better cooling technology for data centres

THE National University of Singapore’s Faculty of Engineering, Keppel Data Centres Holdings and the Singapore LNG Corporation (SLNG) have partnered to develop novel, energy-efficient and cost-effective cooling technology for data centres.

Sakae gets more time to hold AGM; appointing independent auditor to review disclaimer

THE Singapore Exchange has approved Sakae Holdings’ application for an extension to hold its annual general meeting (AGM) originally scheduled for Oct 29.

Market's perception of risk for 5G players mixed; analysts expect telco tie-ups

VIEWS on the kind of risk to be borne by players in the upcoming 5G market have been mixed, following the surprise move by the Infocomm Media Development Authority (IMDA) to award up to four licences to operate 5G mobile networks, instead of two.

Innopac Q4 loss widens to S$2.1m on rising costs

INVESTMENT holding company Innopac Holdings' net loss for the fourth quarter ended June 30 widened to S$2.1 million from S$446,000 a year ago, on declining revenue and rising other expenses and staff costs.

Innopac Q4 loss widens to S$2.1m on rising costs

INVESTMENT holding company Innopac Holdings' net loss for the fourth quarter ended June 30, widened to S$2.1 million from S$446,000 a year ago, on declining revenue and rising other expenses and staff costs.

More competition with four 5G networks but investment risk should be 'contained': Fitch Ratings

INVESTMENT risk for 5G is expected to be contained over the next 18 months, despite raised competition from the Singapore government’s decision to award licences to operate ...

International Cement Group gets 6-month extension to exit SGX watch list

THE Singapore Exchange has granted International Cement Group a six-month extension to Dec 4, 2020, to exit from its watch list under the minimum trading price (MTP) entry criteria.

Bumper Q3 would mean banner year for hospitality deals

SINGAPORE is headed for a bumper year for hotel sales. Hospitality deals hit the highest level recorded on a quarterly basis, hitting S$2.77 billion in the third quarter.

Auditor gives qualified opinion on Yamada's FY19 results

THE auditor of Yamada Green Resources has given a qualified opinion for the mushroom supplier's financial results for the year ended June 30.

Singapore hospitality deals hit record S$2.8b in Q3: Colliers

HOSPITALITY deals in Singapore reached the highest level recorded on a quarterly basis, hitting S$2.8 billion in the third quarter, according to real estate firm Colliers International’s report on Thursday.

Keppel unit, Allianz in S$1.3b Beijing deal

KEPPEL unit Alpha Investment Partners is jointly acquiring an 85 per cent interest in a Grade A office complex in Beijing with Allianz Real Estate for S$1.3 billion.

Nassim Road GCB on sale for some S$175m

A TWO-STOREY conservation good class bungalow (GCB) located at 40 Nassim Road is up for sale via public tender with an indicative price in the region of S$175 million.

Nassim Road GCB once occupied by Saudi Arabia embassy on sale for some S$175m

A TWO-STOREY conservation good class bungalow (GCB) located at 40 Nassim Road is up for sale via public tender with an indicative price in the region of S$175 million.

Singapore property buyers increasingly taking 'wait-and-see' approach: poll

SINGAPOREANS are increasingly adopting a "wait-and-see" approach when it comes to buying properties, according to findings from a PropertyGuru survey released on Wednesday.

Fintech soCash, JCB to offer cardless currency exchange service for tourists

FINTECH startup soCash said on Wednesday that it is entering the foreign exchange (FX) market through a global partnership with Japanese card issuer JCB Co.