Business
Seatrium stays bullish on green bets despite axing of US$475 million wind project
The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform Even in the face of a US$475…
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Business
BNTO Launches AI Styling Agent and Secures $15 Million in Series A Funding
Having secured $15 million in series A funding earlier this year, BNTO, an AI-powered platform for renting, buying new, or secondhand, has…
Business
Australia’s ANZ halts buyback to save A$800 million for strategy overhaul
The bank will also reduce reliance on mortgage brokers and aim to write more loans directly to boost its revenue from home lending…
Business
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 7%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; declares 0.48 sen final dividend
Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit
Company declares 0.48 sen final dividend; attributes improved performance to stronger demand Malaysian glove-maker Top Glove on Thursday…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a 0.48 sen final dividend and attributes the improved performance to stronger demand Malaysian glove-maker Top Glove on…
Business
Keppel Reit raises S$113 million in private placement for Sydney mall buy
The manager of Keppel Reit on Thursday (Oct 9) announced that the private placement to raise S$113 million for its majority purchase of…
Business
Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing
The company expects to raise net proceeds of about S$34.6 million, part of which will be used for land-site and building acquisitions…
Business
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at…
News
Australia launches A$600 million rescue of Glencore copper smelter
Globally, copper smelters face challenges from a shortage of concentrate and overcapacity in China Australia announced a A$600 million…
Business
Aspial Corp, Koh family-linked entity move privatise AF Global for S$31.8 million consideration
A consortium comprising Aspial Corp and an entity linked to the Koh family behind it has launched a bid to privatise mainboard-listed AF…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million
A consortium comprising jewellery retailer Aspial Corp and an entity linked to the Koh family behind it has launched a bid to privatise…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed group for S$0.11 per share A consortium…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million, in its first retail pure play
The purchase of its first pure-play retail asset marks its expansion into the retail sector Keppel Real Estate Investment Trust (Reit) has…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first retail pure play purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
StarHub prices S$200 million perpetual securities at 3.35%
Net proceeds from the issue will be used to finance the group’s general corporate funding requirements and investments StarHub has priced…