Hyflux said Wednesday it sought clarification from Utico after media reports emerged with conflicting valuations for the UAE-based company’s investment.
Troubled water infrastructure player Hyflux said Thursday it reached a deal for Utico FZC to make a S$300 million equity investment and a S$100 million loan.
Sembcorp Industries increased its effective stake in its India energy arm, SEIL, to 94.05 percent from 93.73 percent, the company said Wednesday.
CapitaLand tied up with Sembcorp Industries to install rooftop solar farms on six of the developer’s properties by end-2019, the two companies said Tuesday.
The Kendari-3 2 X 50 megawatt coal-fired power plant designed by a Sunpower subsidiary was successfully connected to the Indonesia’s grid, Sunpower said Tuesday.
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
UOB entered an agreement with Shenergy (Group) to set up a joint venture consumer finance company in Shanghai, China, the Singapore bank said Friday.
Hyflux said Wednesday it renegotiated a CNY617M loan facility agreement between its wholly owned subsidiary, Tianjin Dagang Newspring, and Bank of China.
Sembcorp Industries said Friday it agreed to provide Semcorp Marine with a loan of S$2 billion to strengthen the rig builder’s financial position.
Sunseap said Thursday it received a S$43 million green loan from UOB to fund rooftop solar installations at 210 commercial, industrial and government sites.
Keppel Land China secured its first green loan facility for 850 million yuan to develop Seasons City phase one on the mainland, Keppel said Thursday.
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
Sembcorp Industries said Tuesday it entered a long-term deal with Experia Events for a 6.3 MW peak rooftop solar system on the Changi Exhibition Centre.
Sembcorp Industries said Monday it plans to subscribe to additional shares in its India energy arm, SEIL, to support the renewable energy business’ growth.
Hyflux said late Friday it has received another non-binding letter of intent for a potential investment, with preliminary due diligence underway.
Sembcorp Industries said Tuesday it disposed of its entire 10.27 percent stake in Gallant Venture, or 548.04 million shares, for S$62 million in cash.
These are Singapore companies which may be in focus on Friday, 7 June 2019: Straits Times Index, ST Engineering, Sembcorp Industries and Kingsmen Creatives.
Sembcorp Industries’ waste-management arm, SembWaste, and BATU entered a deal to improve training for around 700 SembWaste employees.
Indian renewable energy company Greenko announced Tuesday a deal for a US$495 million equity raising from GIC and an Abu Dhabi entity.
These are Singapore companies which may be in focus on Thursday, 30 May 2019: Singtel, Swiber, Sembcorp Industries, Frasers Centrepoint and Allied Tech.
Creditors of Swiber Holdings approved Wednesday a restructuring proposal, marking a key step toward an equity investment from New York-listed Seaspan Corp.
Hyflux clarified Tuesday that its meeting with last week with potential investor Utico included “no conclusive numbers” or finalised deal.
Singapore’s national water agency PUB said it will take over Hyflux’s Tuaspring Desalination Plant, after it terminated the water purchase agreement.
Hyflux said Wednesday it received interest from an investor interested in acquiring certain assets in Algeria and Oman and in the Middle East and North Africa.
Hyflux has received a binding offer from UAE-based Utico, but has not accepted or entered into a binding deal, the Singapore water player said Tuesday.