News
APB builds new packaging facility in Vietnam
APB builds new packaging facility in Vietnam
Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.
Launching: Dorsett Residences and Loft@Nathan
Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.
Olam profit up 49.3% to S$272.1mln
Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.
NOL to issue S$280 mln notes due 2020
Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.
Wilmar International completes acquisition of Natoleo
Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.
Tiger Airways to suspend 2 under-performing Australian flights
Operations would be stopped temporarily on November 10 and would resume if demand picks up.
Chip Eng Seng receives letter of intent for $142 mln contract
Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.
Cosco delivers vessel to European buyer
The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.
SGX to delist Avaplas
The manufacturer of plastic injection molding is expected to be taken off the official list of SGX-ST starting 9:00 am on 27 August 2010.
Central Depository to assist shareholders of delisted companies
Talks between MAS and ACRA regarding possible changes to the law that will help shareholders obtain their share certificates are on-going.
Wilmar to acquire Indonesian and Singaporean sugar refineries
Deals on 2 acquisitions to be expected to be completed on last quarter of 2010.
Raffles Education profit up 8.2% to S$55.8mln
Group established eight new colleges despite revenue fell 6.9% to S$188.1mln mainly behind lower enrolments in China.
COSCO delivers FPSO Cidade de Angra Dos Reis MV22
Company also secured contracts for construction of 2 deck barges of 15,000 dwt each worth US$12mln.
MAS lifts ban on 6 brokers' structured notes sale
Encourages consumers to refer to "Making Sense of Structured Products" guidebook before investing in structured notes.
Technical consumer goods sale in eight Asian markets up 13%
Singapore among countries wherein demand for Small Domestic Appliances grew by as much as 80%.
Changi Airport passengers up 16% in July
Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
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