Singapore companies in focus on Tuesday, 7 June 2022:
- SembMarine: Combination with Keppel O&M needed to stay competitive
- Temasek commits billions to new decarbonization platform
- Ant Group “Soft Launches” Singapore Digital Bank
- Executive moves: Yangzijiang Financial taps GIC veteran
Others: Yanlord Land, Gojek and GoTo.
SembMarine: Combination with Keppel O&M needed to stay competitive
- Sembcorp Marine said Monday its proposed combination with Keppel Offshore & Marine is important to ensure the company remains competitive and able to play a significant role in the transition to renewable energy.
Executive moves: Yangzijiang Financial taps GIC veteran
- Yangzijiang Financial Holding (YZJFH) has named a GIC veteran as an investment advisor.
Ant Group “Soft Launches” Singapore Digital Bank
- Ant Group has “soft launched” its Singapore digital bank, dubbed ANEXT Bank.
Temasek commits billions to new decarbonization platform
- Singapore’s state-owned investment company Temasek Holdings has launched GenZero, a platform for decarbonization investments.
Executive moves: Gojek CEO to step down
- Kevin Aluwi, Gojek‘s co-founder and CEO, will step down from his role at Gojek and join Indonesia-listed GoTo‘s board of commissioners.
Yanlord Land: May contracted pre-sales fell 70 percent by value
- Yanlord Land said Monday its May total contracted pre-sales from residential and commercial units and car parks, including joint ventures and associates, amounted to around CNY1.14 billion.
SPONSORED: Watches.com entering online watch business just as consumers re-open wallets
- As the world begins to roll back pandemic restrictions, wallets are opening up — and watches are on consumers’ shopping lists.