News

Leasing costs are at $10 psf/monthly.

The move has proven inadequate as they remain far from financial goal.

Its projected loan growth is at 10% and 6.5% for 2018 and 2019, RHB said.

City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers.

It has been validated by the Energy Research Institute of NTU.

A counter offer from Axiata Group is not likely following the 27% collapse of its share price in October, an analyst said.

It will invest into the development of a 665,000 sqft complex worth $290m.

It has $68m initial assets under management (AUM).

Drivers who will pre-register will then be notified for the next application steps.

Revenue from healthcare services division grew 8% amidst new corporate clients and a new contract.

Operating profit from insurance business slipped 11% to $141.4m.

It will engineer and construct projects for Denmark’s Ørsted Wind Power and Norway’s Norled AS.

Interest for office properties is picking up.

Wall Street's weakness could drag down the local sentiment today.

And SPH co-leads $4.14m funding for US marketing intelligence platform.

One major deal is a floating production storage and offloading (FPSO) contract that could be worth up to $2.76b (US$2b).Although order wins have been behind expectations in m2019 amidst project delays in final investment decisions (FIDs), Sembcorp Marine’s (SMM) strong order pipeline could secure $3b or more worth of new orders in 2019, DBS Equity Research said. The research firm is also positive on SMM’s offshore capital expenditure (capex) recovery ahead. Amongst these contracts may include a Gravifloat modularised liquefied natural gas (LNG) which could go around $1b, two large Compressed Gas Liquid carriers for SeaOne Caribbean valued at $800m in total, and Rosebank’s floating production storage and offloading (FPSO) contract that could be worth up to $2.76b (US$2b). The firm has so far clinched around $1b of new orders YTD.