Business
Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator
The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules Business units owned by…
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units
Business
Sony lifts outlook after record quarterly profit, music and sensor units shine
The Japanese conglomerate also announces an expansion in its share buyback scheme — Japan’s Sony on Thursday (Feb 5) raised its full-year…
Business
Raffles Education unit’s land in China to be acquired by government for urban planning
The group says it cannot currently assess the impact of the proposed repossession Raffles Education on Thursday (Jan 29) announced that…
Business
Units of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023 Four subsidiaries of Dasin Retail Trust’s…
Business
China’s Leapmotor targets annual sales of more than four million units in a decade
Stellantis controls a joint venture that sells and produces cars for the company overseas Chinese electric vehicle (EV) maker Leapmotor…
Business
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
The capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group Frasers…
Business
Harvey Norman operator Ossia sets up new units; buys leasehold property, Global Ten Realty
Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property…
Business
Cordlife faces S$5.45 million civil claim from clients over damaged cord blood units
Cordlife Group is facing claims of at least S$5.45 million in damages from clients who stored 109 cord blood units (CBUs) with the…
Business
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese…
Business
SGX to reduce board lot size to 10 units for securities above S$10
Investors keen to add blue-chip stocks to their portfolio but deterred by the prices may soon be able to get a piece of the action. The…
Business
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025 The manager of EC World Reit posted a net…
Business
SingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business Singapore Post (SingPost) on Tuesday (Nov 11)…
Business
Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles
Vehicle inspection services also saw strong demand, buoyed by Singapore’s economic expansion Mainboard-listed Vicom posted S$9.9 million…
Business
Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4…
News
Fire at ASL Marine unit’s Batam shipyard leaves 13 dead, 18 injured
Another fire at the same unit’s shipyard in June left four dead and five injured A fire outbreak at a Batam shipyard, belonging to an ASL…
Business
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…
News
Hong Leong Asia unit’s director and ex-chief accountant detained in China
The director and former chief accountant of China Yuchai International (CYI) have been detained by Chinese authorities. Hong Leong Asia,…
Unsorted
Hong Leong Asia units’ director, ex-chief accountant detained in China; shares fall 12.3%
The director of China Yuchai International (CYI) and former chief accountant of its unit Guangxi Yuchai Machinery have been detained by…
Business
Nintendo aims to make 25 million Switch 2 units by end of March
NINTENDO has asked suppliers to produce as many as 25 million units of the Switch 2 by the end of March 2026, setting the company up for…
Business
Placements continue, Sert buys back units
Over the five trading sessions from Oct 3 to 9, institutions were net buyers of Singapore stocks, with net institutional inflow of S$250…
Business
First Resources sells Indonesia units, exits oil palm plantation business in West Papua
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of…
Business
LG Electronics aims to make India a global manufacturing hub with local unit’s listing
LG Electronics is looking to position India as a global manufacturing hub, an executive of its Indian unit said on Wednesday (Oct 1), as…
Business
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run Japan’s Nomura Holdings plans to beef up its…
Business
Centurion Accommodation Reit’s offer of 262.1 million units oversubscribed by 16.6 times
The manager of Centurion Accommodation Real Estate Investment Trust (Reit) on Wednesday (Sep 24) said that the 262.2 million units on…