Markets & Investing

UE & C to blow out on dividends: Maybank

UE & C to blow out on dividends: Maybank

"Good chance" that the construction firm will distribute dividends at 11% yield.

CapitaMalls Asia subsidiary issues unrated S$250m fixed rate notes

The notes are issued under the S$2b Euro-Medium Term Note Programme established by CapitaMalls Asia Treasury Limited.

No go for shares sale to Mr Oei Hong Leong

Hanwell Holdings accepted the offer but a deal was not entered into following introduction of additional conditions.

Ezra puts up $500m multicurrency debt issuance programme

Part of the net proceeds will be used for refinancing the existing borrowings of the company and its subsidiaries.

MAS files civil penalty action vs UOB trader

Teoh Teck Shin was fined $73,000 for conducting illegal personal trades.

Far East Orchard Limited completes restructuring

The company shall no longer be known as Orchard Parade Holdings Limited.

Great Eastern sells 25% of its GELC equity interest

The insurer has entered into a conditional sale and purchase agreement with Chongqing City Construction Investment for RMB303m.

Raffles Education mulls issuing over 170m rights shares

Part of the net proceeds will be used for the repayment of loans.

Far East Hospitality Trust debuts in SGX-ST Mainboard

Trading opened at $0.98 per Stapled Security,5.4% above its offer price.

CDG tops land transport sector pick

ComfortDelGro poised for booming growth via overseas ventures, says Maybank Kim Eng.

Nam Cheong contracts push shares up

Nam Cheong shares rose as much as 2.7% after securing sales contracts worth $43.8 million.

Hanwell Holdings accepts offer from Singapore tycoon

Hanwell Holdings’ 29.5 million shares in Intraco had been sold to Mr Oei Hong Leong.

GIC bids $1.5b for bankrupt hotel group

Hedge fund Paulson & Co bought the hotels from Morgan Stanley in 2011 and eventually put them into bankruptcy.

APB shares rocket to record high

This developed as Heineken’s offer now stands at $6.35 billion.

Here's why you should invest in REITs

DBS reveals 5 REITs with limited potential in yield compression.

Global technology M&A's down 43% to US$33.4b

The industry outpaced deal value for all industries in the first quarter of 2012 but fell behind in the second quarter.