Culture
Hong Kong IPO boom obscures sharp drop in underwriter fee rates
The booming overall pipeline means banks may be less inclined to cut fees to win business[HONG KONG] Investment banks are on track to take home their smallest slice of...
Keppel Reit to acquire additional one-third stake in MBFC Tower 3
Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU[SINGAPORE] Keppel Reit has agreed to acquire an additional one-third interest in Marina...
Noodle maker Leong Guan’s shares open 8.7% up from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan Holdings opened 8.7 per...
Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan climbed 10.7 per cent...
Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
[SINGAPORE] Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property investment entities.Ossia Capital in turn...
Trump demands CNN get new owners in Warner bidding war
US PRESIDENT Donald Trump said on Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he...
The world needs a lot more copper. But will there be enough supply?
The market has been hit by a slew of mine outages this year, from Chile to IndonesiaCOPPER is one of the world’s most ubiquitous metals, used in just about...
Coca-Cola names insider Henrique Braun as new CEO
COCA-COLA on Wednesday named insider Henrique Braun as its new CEO, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and...
Connecting clients, portfolio companies is next for Japan’s MUFG in Asia-Pacific
Leveraging stakes in banks in Indonesia, Thailand, Vietnam and the Philippines enables MUFG to extend more support to its customers[SINGAPORE] The appointment of Nobuya Kawasaki as chief executive for...
US seizes oil tanker off coast of Venezuela, Trump says
[WASHINGTON] The US has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas in a move that also raised oil...
