China Everbright Water proposes Hong Kong listing to raise up to HK$452 million
China Everbright Water proposed Wednesday a listing on the Hong Kong Stock Exchange to raise up to HK$452 million, or around S$78.36 million. The water…
Environment
Hyflux: TMM makes claim for payment from Magtaa project
Arab Banking Corp. provided notice that the project company for Hyflux’s Magtaa desalination project made a claim under a contract-performance guarantee, Hyflux said Tuesday.
Hyflux: Creditor Maybank terminates collaboration deal
Hyflux said Friday creditor Maybank terminated its collaboration agreement with the troubled Singapore water infrastructure player with immediate effect.
UPDATE: Singapore stocks to watch Thursday: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT, Hyflux
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
UPDATE: Singapore PUB to takeover Hyflux’s Tuaspring plant in 30 days
Singapore’s water regulator PUB said Wednesday it issued a notice to Hyflux’s Tuaspring Desalination Plant that it would take over the plant.
UPDATE: Sunpower says America 2030 Capital defamation complaint has no merit
HThis article was originally published on Wednesday, 17 April 2019 at 13:15 SGT; it has since been updated to include comment from America 2030 Capital….
UPDATE: Singapore stocks to watch Tuesday: Singapore Airlines, Keppel DC REIT, Keppel Infrastructure Trust
These are Singapore stocks which may be in focus on Tuesday, 16 April 2019: Singapore Airlines, Keppel DC REIT and Keppel infrastructure Trust.
Hyflux files suit against now jilted investor SM Investment
Hyflux said Monday it filed suit in Singapore’s High Court against SM Investments, claiming its now-jilted investor repudiated the restructuring deal.
TEE International plans to spin off infrastructure business in Catalist listing
TEE International said Monday it plans to spin off its infrastructure business into a listing on SGX’s Catalist board for smaller enterprises.
UPDATE: Singapore stocks to watch Monday: UIC, OUE, Yangzijiang, Keppel, Ezion, ST Engineering, Heeton
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
UPDATE: Singapore stocks to watch Friday: Ezion, Accordia Golf Trust, JUMBO, Aspial, Koufu
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
S&P: Hyflux bond default may signal trouble ahead for Singapore bond market
Water infrastructure player Hyflux’s default could be the harbinger of more financial distress cases for the Singapore bond market, S&P said Monday.
City Developments obtains S$500 million green loans for new property developments
City Developments said on Friday it obtained S$500 million in green loans, marking the first time green loans in Singapore will be used for new property developments.
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
Hyflux rebuts SM Investments’ allegations on third project
Hyflux Thursday rebutted fresh allegations from its now jilted white knight investor, SM Investments, saying the consortium shouldn’t have been surprised by the deal termination.
UPDATE: Hyflux says planned SM Investments restructuring deal has been terminated
Troubled Singapore infrastrucure player Hyflux said Thursday the proposed white knight investment from Indonesian consortium SM Investments has been terminated.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, SingPost, SATS, Pine Capital
These are Singapore companies which may be in focus on Thursday, 4 April 2019: Genting Singapore, SingPost, SATS and Pine Capital.
Sunpower obtains nearly 35 million yuan contract from East China Engineering
Sunpower said Wednesday it obtained a 34.5 million yuan manufacturing and services contract from East China Engineering Science and Technology, or ECEC.
Keppel acquires stake in EV battery business for US$50 million
Keppel said on Monday it entered a deal with Envision AESC to invest US$50 million for a minority stake in lithium-ion battery company Envision AESC Group.
UPDATE: Singapore stocks to watch Monday: Swiber, SIA Engineering, SIA, Hyflux, CapitaLand
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
Hyflux rebuts SM Investments statements over whether material information was withheld
Troubled Hyflux disputed in strong terms Saturday allegations from its white knight investor SM Investments that material information was withheld.
Hyflux reports more than S$1 billion loss for January-to-September period
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: PUB to extend Tuaspring deadline for fixing service default
Hyflux said Friday PUB gave its Tuaspring plant an extension to fix its service default, easing concerns it might scuttle its restructuring deal.
Singapore stocks to watch Friday: City Developments, Hotel Properties
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…
Asia’s hotels are trying to go green. Here’s how
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.