Singapore companies in focus on Wednesday, 16 March 2022:
- Keppel, KAIF and a co-investor to acquire 50 percent of Cleantech Solar Asia
- SembMarine completes first zero-emission Ropax ferry
- Singapore Airlines February passenger numbers surged 700 percent
Others: GoTo Group, OxPay Financial and Kitchen Culture.
Singapore Airlines reported Tuesday that passengers carried in February jumped 704 percent on-year to 544,600 as operations pick up from the impact of the Covid-19 pandemic.
Keppel Corp., Keppel Asia Infrastructure Fund (KAIF) and a co-investor of KAIF are acquiring 50 percent of Cleantech Solar Asia for US$115 million from CEF 200 BV, a fund managed by Climate Fund Managers, the Singapore-listed company said in a filing to SGX Tuesday.
Sembcorp Marine (SembMarine)
Sembcorp Marine (SembMarine) has completed fabrication of the first of three battery-operated roll-on/roll-off passenger (Ropax) ferries for Norled AS, a Norwegian ferry operator, the Singapore-listed company said in a filing to SGX Tuesday.
Defying global market turmoil, superapp GoTo has filed to raise at least IDR15.2 trillion, or around US$1.1 billion, in an initial public offering (IPO) on the Indonesia Stock Exchange.
Kitchen Culture said Tuesday a statement containing “certain false and misleading allegations” about the company and various board members had been circulated to various shareholders ahead of the upcoming annual general meeting (AGM) on 18 March.
OxPay Financial said Tuesday it has lodged a police report last week over suspected involvement by certain former employees in alleged wrongdoing at the annual general meeting (AGM) in April 2021.
Singapore company briefs: ST Engineering, Aztech Global, Chip Eng Seng, Straco Corp. and ABR Holdings.
Singapore company briefs: ComfortDelGro and ValueMax Group.