Troubled Hyflux disputed in strong terms Saturday allegations from its white knight investor SM Investments that material information was withheld.
Troubled water infrastructure company Hyflux reported on Friday a loss attributable to shareholders of S$1.12 billion for the January-to-September period.
Hyflux said Friday PUB gave its Tuaspring plant an extension to fix its service default, easing concerns it might scuttle its restructuring deal.
Efforts to restructure troubled marine engineering group Swiber got a leg up after Seaspan said it would move ahead with an up to US$200 million investment.
These are Singapore companies which announced share buybacks on Friday, 29 March 2019: Kimly.
SIA Engineering said on Friday it entered a deal with NokScoot Airlines to form a line maintenance joint venture in Thailand.
Frasers Logistics & Industrial Trust said on Friday it would sell a Victoria, Australia, property to Enbourne for A$17.25 million.
CapitaLand and CapitaLand Retail China Trust said Friday they entered a deal to divest CapitaMall Wuhu, which has been shuttered since last year.
Boustead Projects said Friday it entered a deal to acquire 25 percent of DSCO Group from several shareholders for around S$4.21 million.
These are the Singapore companies which may be in focus on Friday, 29 March 2019: City Developments A joint venture comprising Hong Leong Holdings and…
These are the Singapore companies which may be in focus on Thursday, 28 March 2019: Singapore Technologies Engineering Singapore Technologies Engineering said late on Wednesday…
Singapore state-owned investment company GIC has taken a 25 percent stake in Dutch boutique hotel chain CitizenM, according to reports in the WSJ and the FT.
Roxy-Pacific Holdings and Park Hotel Group said on Wednesday they signed a management deal to open the Park Hotel Melbourne in 2022.
Ascott Residence Trust said on Wednesday it was acquiring the Felix Hotel, located near the Sydney Airport in Australia, for A$60.6 million or S$58.8 million.
Hotels can confound environmental efforts: They use too much energy and create too much waste.Some of Asia’s largest hoteliers are hoping to change that.
Shipping and property investor Uni-Asia said on Wednesday that it proposed placing up to 5.42 million shares at S$1.08 each to raise funds for property investments and to improve the stock’s liquidity.
Asset manager Uni-Asia has bolted together property and shipping, in a seeming mismatch that’s managed to pay out relatively steady dividends.
These are the Singapore companies which may be in focus on Wednesday, 27 March 2019: Singapore Technologies Engineering Singapore Technologies Engineering said late on Tuesday…
The yield curve inversion in the U.S. may have set off a fresh round of market jitters, but Eric Rosengren, president of the U.S. Federal Reserve Bank of Boston, said on Tuesday that it’s no longer a reliable recession signal.
The inversion of the U.S. yield curve may have convinced many market participants that the sky is falling, or at least, a recession is looming, but at least two central bankers are unimpressed.
These are the Singapore companies which may be in focus on Tuesday, 26 March 2019: Singtel Singapore Telecommunications said late on Monday it will offer…
The disruptions and uncertainty central bankers have been dealing with over the past few years have one root cause, said Yellen on Monday.
Former Federal Reserve chief Janet Yellen said on Monday that global central banks don’t have enough bullets in their policy guns to deal with a crisis.
These are Singapore companies which may be in focus for Monday, 25 March 2019: Sembcorp Industries, Keppel, Boustead Projects and Qian Hu.
These are Singapore companies which announced share buybacks on Friday, 22 March 2019: Bumitama Agri and SingHaiyi Group.
Ornamental fish breeder Qian Hu said Friday it entered a deal to acquire Guangzhou Qian Hu Aquarium and Pets Accessories Manufacturing for S$13,500.
Boustead Projects said Friday it entered a joint venture with Malaysia Airports (Subang) to develop an aerospace and technology park in Subang, Malaysia.
Energy player Sembcorp and logistics provider YCH Group said on Friday that the installation of a 2.8 megawatt-peak rooftop solar farm has been completed.
These are Singapore companies which may be in focus on Friday, 22 March 2019: Oxley, Hyflux, Soilbuild REIT and Pine Capital.
Hyflux said Thursday PUB has informed the company that if it fails to resolve Tuaspring’s defaults by 5 April, the agency may acquire the desalination plant.
Oxley Gem appointed exclusive agents to find and screen a buyer for the Novotel Singapore and Mercure Singapore hotels, it said in an SGX filing Thursday.
Soilbuild Business Space REIT has entered a deal to divest a property at 72 Loyang Way for S$34.08 million, the REIT manager said Thursday.
Pine Capital said Thursday it was suspending trade in its shares after receiving “numerous allegations,” including over possible lapses in internal control.
These are Singapore companies which have announced share buybacks on Thursday, 21 March 2019: Bumitama Agri and SingHaiyi Group.
Indonesia stocks to watch Thursday: Mandom Indonesia, Vale Indonesia, Pemeringkat Efek Indonesia
These are Singapore companies which may be in focus on Thursday, 21 March 2019: Frasers Property, Ascendas REIT, Thai Beverage and Yongnam.
Frasers Centrepoint Trust and Frasers Property announced separately Thursday they entered deals to increase their PGIM Real Estate AsiaRetail Fund stakes.
These are Singapore companies which announced share buybacks on Wednesday, 20 March 2019: Singapore Exchange.
Ascendas REIT has issued HK$1.45B 3.57 percent notes due 2029 under its S$5 billion multicurrency medium term note program, the REIT manager said Wednesday.
Digileap Capital has proposed to delist Challenger Technologies from SGX and make an exit offer of S$0.56 a share, it said in an SGX filing Wednesday.