News

SGX RegCo pushes Noble to hire financial advisor

SGX RegCo pushes Noble to hire financial advisor

The advisor will look into shareholding structure concerns in Noble’s debt restructuring plan.

CityDev builds fund manager to accumulate $6.57b assets

It wants a constant income stream with less reliance on capital appreciation.

Jardine Matheson Holdings profit up 51.22% to $5b in 2017

Its profits from Mainland China grew 18% thanks to land and manufacturer acquisitions.

Chart of the Day: 25% of home sales were from non-Singaporeans

They bought 1,324 private condo units, a 0.7% dip in the sales volume.

7 in 10 female expats eye Singapore for improved income

Over half of female expats also think it is the best for work culture and personal fulfilment.

Jardine Strategic Holdings profit surged 49.17% to $10.84b in 2017

Jardine Matheson’s profit contribution rose to $491.04m or 4.5% of the total.

DairyFarm profits down 13.97% to $532.62m in 2017

Operating profit for its businesses fell after recognising $84.48m of business change costs.

MAS slams financial advisors' mass firm-hopping

It launched a public consultation for four measures that could address this.

Bangladeshi power producer eyes SGX listing

Whilst the deal is only set to be modestly sized at US$300m, analysts see this as sign of SGX's enduring appeal in luring new Asian listings.

Daily Markets Briefing: STI down 1.18%

Investors are urged to take caution today.

Chart of the Day: Temasek's major stock investments yielded 8.1%

Its investments in Keppel paid off the largest at 12.8%.

Noble's debt restructuring plan hit by suspicions

A wording on the “full release” of claims by senior creditors could absolve Noble legal debt claims.

3 in 10 firms hit by staff diversity woes

Only 53% also have a formal diversity policy, a drop from 58% in 2017.