Business
China derivatives fuel 36% surge in SGX trading volume to 31.8 billion units in August
Value traded up 17% to S$33 billion; SGX cites global institutions tapping into China-access derivatives to manage risk across multiple…
Tag
units
Business
Children of Wing Tai chairman granted options to buy four River Green units for S$7.9 million
Neither of the two children were given discounts; sale reviewed by the board and audit and risk committee Wing Tai Holdings has granted…
Business
GuocoLand, Hong Leong sell 870 units or 92% of Springleaf Residence at average S$2,175 psf
GuocoLand and Hong Leong Holdings’ Upper Thomson area project, Springleaf Residence, racked up a 92 per cent take-up rate over its launch…
Fashion
Second attempt to privatise FHT succeeds with 99.2% of units represented in favour
A second attempt to privatise Frasers Hospitality Trust (FHT) succeeded on Friday (Aug 15), after stapled security holders approved the…
Business
iFast targets higher dividend payout ratio amid growth across business units
Digital bank and wealth management platform iFast is targeting a payout ratio of between 25 and 30 per cent as profitability improves…
Culture
Top 7 Mistakes to Avoid When Using Storage Units
In today’s fast-paced world, storage units have become a lifesaver for many people. Whether you’re moving, downsizing, or just trying to…
Business
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment Del Monte Pacific…
News
Four dead, five injured in fire at ASL Marine unit’s Batam shipyard
All work on the affected vessel will be suspended until the cause of the fire is established Four workers have died and five were injured…
Business
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country The acquisition of a 49-megawatt (MW)…
Business
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing…
News
Midea Recalls AC Units Over Mold Risk, Leaving Customers Frustrated
Last Thursday, Clare Conroy turned on her window air-conditioner for its inaugural run of the season. A few hours later, she learned that…
Business
Arina East Residences sells 10 out of 107 units as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
Arina East Residences sells 10 out of 107 units at average price S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to…
Business
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its…
Business
Jardine C&C reports lower contributions across most business units in Q1 2025
Recent global trade tensions have created an uncertain macroeconomic environment and the company is cautious of the knock-on effects…
Business
CapitaLand Investment’s Ascott to add 600 units to India portfolio, eyes growth in country
Ascott, the wholly owned lodging business of asset manager CapitaLand Investment (CLI), has inked three agreements to add 600 units to its…
Business
Intel will spin off non-core units, says CEO Tan Lip-Bu
Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new…
Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend following its divestment its Singapore food business to South-east Asian retail conglomerate…
Business
Evergrande, HNA units ordered to liquidate by Hong Kong judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in…
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Business
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at…
Business
Great Eastern’s Malaysian units terminate proposed acquisition of AmMetLife
The four parties were initially expected to sign agreements for the distribution of life insurance and family takaful products, a type of…
Business
China’s Geely Holding targets over five million units of annual sales by 2027
CHINA’S Geely Holding Group on Sunday (Jan 5) said it aims to sell more than five million vehicles annually by 2027, a big jump from 2023,…