OCBC joins Singel’s VIA Alliance for mobile payments regionally
OCBC will join Singtel’s VIA mobile payment alliance, allowing the bank’s customers to make QR code payments while traveling in Thailand and Japan, Singtel said Monday.
Technology
Will radio eclipse video’s star? New tech gadgets are driving media companies into voice
Big news organizations are pointing to the next big technology to build an audience: Radio. But it’s not your grandparents’ radio.
UPDATE: Singapore stocks to watch Friday: SPH, Keppel, SGX, CapitaLand, KORE, Olam, Valuetronics
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
Valuetronics sets up subsidiary to expand Vietnam operations
Valuetronics said Thursday it set up a subsidiary in Vietnam to expand its operations in the country as it shifts some manufacturing out of China.
Keppel DC REIT 3Q19 net property income fell nearly 2 percent
Keppel DC REIT reported Tuesday its 3Q19 net property income fell 1.8% on-year to S$42.27M as a stronger Singapore dollar weighed overseas contributions.
UPDATE: Singapore stocks to watch Tuesday: OUE, KIT, Chip Eng Seng, Lian Beng, No Signboard, TEE Land
These are Singapore companies which may be in focus on Tuesday, 14 October 2019: OUE, Keppel Infrastructure, Chip Eng Seng, Lian Beng and No Signboard.
Y Ventures: Not aware of reason for share price drop
In response to a query from SGX, Y Ventures said Monday it wasn’t aware of any information not previously announced to explain its shares’ sharp price drop.
Yahoo: These are our content initiatives for Asia
Reta Lee, editor-in-chief for Yahoo Lifestyle and Entertainment in Southeast Asia, recently provided an outline of the tech and media company’s strategies.
UPDATE: Singapore stocks to watch Monday: UOB, Lendlease Global REIT, Temasek, Keppel, CityDev, ST Eng
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
UPDATE: Dyson ditches designs on electric car market
Vacuum cleaner maker Dyson has ditched its plans to enter the highly competitive electric car market, according to media reports Thursday.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Keppel DC REIT, SGX, SembMarine, POSH
These are Singapore companies which may be in focus on Thursday, 10 October 2019: Frasers Property, Keppel DC REIT, SGX, SembMarine and POSH.
Keppel DC REIT preferential offering met with solid demand
Keppel DC REIT said late Wednesday its preferential offering of 141.99M new units at S$1.71 each met with solid demand, coming in at 175.4% subscribed.
Singapore stocks to watch Wednesday: ComfortDelGro, SBS Transit, F&N, Hi-P, Sembcorp
These are Singapore companies which may be in focus on Wednesday, 9 October 2019: Comfort DelGro, SBS Transit, Hi-P, Fraser & Neave and Sembcorp.
Lunch Actually: Can matchmaking become rocket science?
Online dating may already be automated and algorithmic, but for more-traditional matchmakers still using in-real-life meetings, tech adoption can be slow.
Hi-P enters deal to acquire Singapore manufacturer SEAMCO
Hi-P International said Tuesday it entered a deal to acquire Singapore-based plastics manufacturer SEAMCO for US$31 million.
Singapore stocks to watch Friday: Ascendas REIT, Manulife US REIT, Raffles Infrastructure, Addvalue
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
UPDATE: Singapore stocks to watch Thursday: Lendlease Global REIT, Citic Envirotech, Sunvic, Spackman, Rex
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
iflix shifts to using Google Open Bidding service for advertising
Southeast Asian streaming service iflix said Tuesday it switched to Google’s Open Bidding service for advertising in Malaysia, Indonesia and the Philippines.
UPDATE: Singapore stocks to watch Tuesday: Keppel REIT, ComfortDelGro, BreadTalk, Hyflux, First REIT, GENS
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
UPDATE: Singapore stocks to watch Friday: Mapletree Commercial, Keppel, SGX, CapitaLand, ST Engineering
These are Singapore companies which may be in focus on Friday, 27 September 2019: SGX, CapitaLand, ST Engineering, Straits Trading and Raffles Education.
Trek 2000: Allegations against former CEO likely won’t impact financial statements
Trek 2000 said Thursday CAD allegations against its former CEO and three former officers would likely have no further impact on its financial statements.
UPDATE: Singapore stocks to watch Wednesday: ThaiBev, Keppel, Sembcorp, Perennial, Cromwell REIT
These are Singapore companies which may be in focus on Wednesday, 25 September 2019: Thai Beverage, Keppel, Sembcorp Industries and Jardine C&C.
UPDATE: Singapore stocks to watch Monday: SGX, SingPost, POSH, Keppel DC REIT, Chip Eng Seng
These are Singapore companies which may be in focus on Monday, 23 September 2019: SGX, SingPost, POSH, Keppel DC REIT and UOL.
Y Ventures plans placement to raise S$2 million
Catalist-listed Y Ventures said Monday it plans a placement of 24.66M new shares at S$0.0812 each to raise around S$2.0M to fund its business expansion.
Accrelist enters deal to acquire The Wellness Clinic for S$17 million
Accrelist said Tuesday it entered a non-binding term sheet to acquire The Wellness Clinic from Verita Healthcare Group for S$16.96 million.
Keppel DC REIT private placement meets strong demand
Keppel DC REIT said its private placement of 135M new units met with strong demand, with the offering fully covered at the top of its pricing range within an hour.
How China’s version of YouTubers are cashing in — without ad revenue
China’s content creators are finding ways to cash in without advertising revenue, designing starkly different monetization models and video formats.
Mapletree Industrial Trust and Mapletree Investments to buy US$1.4B data center portfolio
Mapletree Industrial Trust and Mapletree Investments said Monday they formed a 50:50 JV to acquire a US$1.4B data center portfolio in North America.
Wing Tai Holdings enters deal to acquire Australia property for A$51 million
Wing Tai has acquired a Victoria, Australia, property from Evergreen Nominees (Victoria) for A$51 million, the property developer said Monday.
Keppel DC REIT plans to raise around S$474 million in equity fundraising
Keppel DC REIT said Monday plans to raise around S$473.8 million via an equity fundraising to finance the proposed acquisitions of two data centers.
UPDATE: Keppel DC REIT to acquire two Singapore data centers for around S$585 million
Keppel DC REIT entered deals to acquire two data centers in Singapore for a total of around S$585.1 million, the companies said in filings to SGX Monday.
Synagie’s 9.9 shopping event sales more than quadruple
Synagie reported Wednesday the gross merchandise value for its sales during the 9 September 9.9 online-shopping event rose more than 300 percent on-year.
Keppel DC REIT to be added to FTSE EPRA Nareit Global Developed Index
Data-center focused Keppel DC REIT said Wednesday it will be added to the FTSE EPRA Nareit Global Developed Index, effective 23 September.
UPDATE: Singapore stocks to watch Monday: Keppel Pacific Oak, Frasers Centrepoint, Sembcorp, TEE
These are Singapore companies which may be in focus on Monday, 9 Sept 2019: Keppel Pacific Oak US REIT, Frasers Centrepoint Trust, Sembcorp and Singtel.
Synagie lands deal to manage Chef Nic products’ distribution in Southeast Asia
Synagie said Wednesday it landed an exclusive deal with Hong Kong-based food company Chef Nic to manage distribution and sales in Southeast Asia.
UPDATE: Singapore stocks to watch Tuesday: Sunpower, CSE Global, CRCT, Venture, Vividthree
These are Singapore companies which may be in focus on Tuesday, 3 August 2019: Sunpower Group, CSE Global, CRCT, Venture and Vividthree Holdings.
Silverlake Axis lands contract from Malaysia credit card provider
Silverlake Axis said Thursday it obtained a contract to replace the legacy systems of an established Malaysian consumer credit card provider.
Silverlake Axis to hold around 44 percent of Finzsoft after exiting joint venture
Silverlake Axis said Wednesday it will hold around 43.59% of Finzsoft after exiting the joint venture, Silverlake HGH (SHGH), which had owned the stake.
Silverlake Axis reports fiscal 4Q net profit jumped 86 percent
Silverlake Axis reported Friday its fiscal 4Q net profit jumped 86% on-year to 67.45M ringgit as the project-related segment contributed significantly.
Silverlake Axis lands 8 upgrade and enhancement projects totaling around 40 million ringgit
Silverlake Axis said Friday it secured eight core banking upgrade and enhancement projects from existing customers in the fiscal fourth quarter.