Singapore companies in focus on Wednesday, 6 April 2022:
- CapitaLand Investment prices S$400M notes due 2027
- SIA Engineering enters deal with Khazanah unit for Malaysia hangar facilities
- EC World REIT: Auditors cite material uncertainty on refinancing
Others: Fullerton Fund Management, Yeo Hiap Seng, Nutryfarm International and Pharos Asset Management.
CapitaLand Investment has priced S$400 million fixed-rate notes due 2027 at 3.3 percent, the real estate investment manager (REIM) said in a filing to SGX Tuesday. The filing confirms a Shenton Wire article.
SIA Engineering and Khazanah Nasional
SIA Engineering has entered a memorandum of understanding (MOU) with Malaysian sovereign wealth fund Khazanah Nasional‘s wholly owned subsidiary Impeccable Vintage Properties (IVP), to lease two hangars, the Singapore-listed company said in a filing to SGX Tuesday.
Fullerton Fund Management and Temasek Holdings
Fullerton Fund Management has appointed Ken Goh as chief investment officer, effective Friday, the subsidiary of Singapore state-owned investment company Temasek Holdings said Friday.
EC World REIT
EC World REIT‘s independent auditors, PricewaterhouseCoopers, have cited a material uncertainty over the REIT’s ability to refinance existing borrowings before they become due for repayment, the REIT said in a filing to SGX Tuesday.
Read more: Oxley prices S$50M notes due 2024
Nutryfarm International has entered a non-binding memorandum of understanding (MOU) with Pharos Asset Management to set up a US$25 million durian sub-fund, the company said in a filing to SGX Tuesday.
Yeo Hiap Seng
Yeo Hiap Seng will retrench 32 staff as part of a business model shift to meet changing consumer patterns and retail conditions as well as cost pressures, the maker of Yeo’s beverages said in a filing to SGX Tuesday.
Read more: Yeo Hiap Seng to retrench 32 staff