Singapore SOILBUILD Business Space Reit (Soilbuild Reit) has launched a fully underwritten non-renounceable preferential offering to raise about S$101.8 million to fund an Australia property acquisition. The Reit (real estate investment trust) will issue about…
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Fri, Aug 23, 2019 – 5:50 AM Singapore AS LOCAL small and medium-sized enterprises (SMEs) venture overseas, the travel and spending habits of SME towkays have caught the eye of several banks here. A survey…
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Singapore WITH its managing partner Jeffrey Ong Su Aun still remanded in custody, JLC Advisors has shrunk, following the revelation that Catalist-listed precision engineering firm Allied Technologies’ S$33 million held in escrow by the law…
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Thu, Aug 22, 2019 – 8:35 PM OFFSHORE and marine equipment dealer KTL Global on Thursday said it has agreed to sell its wholly-owned subsidiaries, KTL Offshore and KTL Investment, to Teck Leong Pte Ltd, a company controlled…
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Thu, Aug 22, 2019 – 9:13 PM THE valid acceptances exceeding 90 per cent held by the founding Lim family, following its voluntary conditional cash offer for steel trader Hupsteel, mean that the company’s shares…
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Thu, Aug 22, 2019 – 11:30 PM MAINBOARD-LISTED developer Chip Eng Seng on Thursday said that it plans to do a renounceable underwritten rights issue of about 156.5 million new shares at S$0.63 each, to raise net proceeds of about S$96.3…
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Thu, Aug 22, 2019 – 4:33 PM THE Business Times (BT) journalist Marissa Lee has emerged as one of the winners at the second edition of the SGX (Singapore Exchange) Orb Awards, which seeks to encourage…
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Thu, Aug 22, 2019 – 2:51 PM UNITED Overseas Bank (UOB) continues to deepen its presence in Vietnam with the opening of its Hanoi branch on Thursday – the bank’s first beyond Ho Chi Minh City.…
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Thu, Aug 22, 2019 – 11:38 AM SINGAPORE’S accountancy sector will push ahead with digitalisation through a new accountancy industry digital plan (IDP) developed by the Singapore Accountancy Commission (SAC), the Institute of Singapore Chartered…
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Thu, Aug 22, 2019 – 5:50 AM IT is generally accepted that one of the keys to a healthy economy is a robust banking system. For some reason, though, central banks seem intent on doing…
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