The Business Times
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Company Briefs

Published Tue, Sep 2, 2014 · 10:00 PM

EMS proposes to go ahead with rights issue

EMS Energy is proposing to go ahead with its one-for-one rights issue of up to 740 million new shares despite calling off the purchase of International Offshore Equipments. The shares, priced at two cents each, could raise a maximum of $14.66 million if fully subscribed.

Singapore eDev sells 35% of Texas project

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Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property. 

Britain’s mansion tax shows the difficulty of targeting wealth

Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

Cisco’s Tay Bee Kheng says that her value-add as the tech giant’s Asean chief lies in identifying what each regional market needs specifically, and presenting that to her global bosses.

The only common thing in S-E Asia is that we all eat rice: Cisco’s Asean president

Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026.

Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation

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