Business
Laopu Gold, CMOC shares jump on addition to Hang Seng index
The reshuffle is closely watched as a sign of which listed companies have excelled across key metric Shares of Chinese jeweller Laopu Gold…
Tag
Seng
Business
Jumbo Group to acquire leasehold interest in Tai Seng Street property from Boustead Industrial Fund
Jumbo Group is proposing to acquire a leasehold interest in a 26 Tai Seng Street property owned by Boustead Industrial Fund (BIF), a…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed Hang Seng Bank shareholders on…
Business
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an…
Business
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after…
Culture
UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1. In this newly…
Business
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is…
Business
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating…
Business
Wilmar chair Kuok Khoon Hong and Centurion joint chair Han Seng Juan up stakes
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of…
Business
Stocks to watch: Singtel, SGX, Del Monte Pacific, Tat Seng Packaging
The following companies saw new developments that may affect trading of their securities on Monday (Sep 22): Singtel: The…
Business
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a…
Business
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim…
News
Hiap Seng Engineering employee killed in workshop accident
The group will take necessary measures to prevent the recurrence of such an incident An employee died in an accident at the workshop of…
Business
Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng…
Business
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is…
News
Ong Beng Seng convicted in Iswaran corruption case: What’s next for the HPL empire?
While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his…
Business
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pled…
Business
Bullish outlook seen for Hang Seng Tech Index
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high business exposure to technology…
Business
New substantial shareholders in ISOTeam, Rex International and Hiap Seng Industries
Over the five trading sessions from Jul 18 to 24, institutions were net buyers of Singapore stocks, with net institutional inflow of S$334…
Business
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Business
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO…
Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
Culture
Tycoon Ong Beng Seng should sell his Hotel Properties Limited stake
Since news broke in mid-July 2023 of the Corrupt Practices Investigation Bureau’s questioning of Ong Beng Seng regarding his dealings with…