Business
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business OUE has agreed to…
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Business
Property tycoon Gordon Tang’s Acrophyte to acquire Suntec Reit’s manager for S$190 million
Tang and his affiliates currently own 35.7% of the Reit itself, while ESR owns 10.8% Property tycoon Gordon Tang has signed a deal to…
Business
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a…
Business
LTA awards over S$300 million in contracts for 660 electric buses, including to BYD
The Land Transport Authority (LTA) has awarded six contracts for 660 new electric buses, which will be progressively deployed for…
Business
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and…
Business
Raffles Education leads most active pack on SGX with 41 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Raffles Education leads most active pack on SGX with 43 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans…
Business
ESR-Reit sells eight Singapore assets to Brookfield for S$338 million; sale would trim distribution
Divestment part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR-Reit on Monday…
Business
ESR-Reit sells 8 Singapore assets to Brookfield for S$338 million; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR-Reit on Monday…
Business
ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership…
Business
Google faces 110 million euros French asset freeze after Russian ruling, documents show
[PARIS/MOSCOW] The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros (S$167…
Business
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit)…
Business
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit)…
Business
Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan
Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung…
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Sherrone Moore: Ex-Michigan Coach Football Coach Jailed Over Assault After Being Fired From $30 Million Job
Ex-Michigan head football coach Sherrone Moore spent Wednesday night in jail after local police detained him on suspicion of assault, just…
Business
Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
Business
Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
News
Connecticut Woman to Be Sentenced for Role in Operation That Sold $4 Million in Counterfeit Goods on Facebook Live
Melissa Cruz, a New Britain, Conn., resident, plead guilty Monday in a U.S. district court in Hartford for her participation in a…
Business
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares The stabilising…
Business
Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed As part of its proposed transfer to the Singapore…
Business
HSBC set to pay about US$300 million to settle French criminal case
The full agreement would cover the fine to end the PNF case as well as the tax bill HSBC Holdings is poised to pay around US$300 million…
Business
Temasek-owned SeaTown raises about US$900 million in second close of third private credit fund
This comes four months after its first close of over US$612 million back in August SeaTown, owned by Temasek’s asset management group…