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Singapore shares fall on Friday, down 0.15% on the week, Companies & Markets

Singapore shares fall on Friday, down 0.15% on the week, Companies & Markets

SIMILAR to previous sessions, markets in Asia traded cautiously as investors geared up to US Federal Reserve chair Jerome Powell’s speech in Jackson Hole. That being said, equities in Singapore fared worse than most of…

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GuocoLand Q4 net profit up 24% at S$183.7m, Companies & Markets

GuocoLand Q4 net profit up 24% at S$183.7m, Companies & Markets

Sat, Aug 24, 2019 – 5:50 AM Singapore GUOCOLAND’S net profit attributable to equity holders rose 24 per cent to S$183.7 million for the fourth quarter ended June 30, up from a restated S$147.5 million…

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Facebook’s Libra project: a timely wake-up call, Investing & Wealth

Facebook’s Libra project: a timely wake-up call, Investing & Wealth

FACEBOOK’S Libra (digital currency) project has attracted enormous attention, not all of it positive. Some of the deeply critical reactions were on display recently when Libra representative David Marcus appeared before the US Senate Banking…

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G-7 leaders gear up for fractious meeting, Companies & Markets

G-7 leaders gear up for fractious meeting, Companies & Markets

Washington IT OUGHT to be good news that leaders from the Group of Seven (G-7) are gathering for a retreat on the Bay of Biscay as the global economy slows, trade wars escalate and major…

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Wilmar sets up 4 new subsidiaries, associated firms in China, Companies & Markets

Wilmar sets up 4 new subsidiaries, associated firms in China, Companies & Markets

Fri, Aug 23, 2019 – 8:00 PM AGRIBUSINESS company Wilmar International on Friday announced the establishment of four new subsidiaries and associated companies in China. All four companies are owned wholly or in part by Wilmar’s…

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UOL Group sells Pan Pacific Suzhou unit, will continue to run hotel, Companies & Markets

UOL Group sells Pan Pacific Suzhou unit, will continue to run hotel, Companies & Markets

Fri, Aug 23, 2019 – 8:11 PM UOL Group is selling China unit Suzhou Wugong Hotel Co (SWHC), which owns the Pan Pacific Suzhou hotel, it announced on Friday. “Prior to completion, the company’s hospitality…

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SPH Reit prices S$300m in 4.1% perpetual securities, Companies & Markets

SPH Reit prices S$300m in 4.1% perpetual securities, Companies & Markets

Fri, Aug 23, 2019 – 8:25 PM RETAIL landlord SPH Reit has priced its offering of S$300 million of 4.1 per cent subordinated perpetual securities, under its S$1 billion multicurrency debt issuance programme announced on Wednesday. The…

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Pine Capital’s Greater China chief exits after ACPAM board removal, Companies & Markets

Pine Capital’s Greater China chief exits after ACPAM board removal, Companies & Markets

Fri, Aug 23, 2019 – 10:53 PM PINE Capital Group has announced the cessation of Wang Meng as its head of Greater China with effect from Aug 19, with Mr Wang expressing concerns related to…

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GuocoLand posts 24% rise in Q4 net profit to S$183.7m, Companies & Markets

GuocoLand posts 24% rise in Q4 net profit to S$183.7m, Companies & Markets

Fri, Aug 23, 2019 – 9:47 PM GUOCOLAND’S net profit attributable to equity holders rose 24 per cent to S$183.7 million for the fourth quarter ended June 30, up from a restated S$147.5 million in…

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SPH Reit prices S$3m in 4.1% perpetual securities, Companies & Markets

SPH Reit prices S$3m in 4.1% perpetual securities, Companies & Markets

Fri, Aug 23, 2019 – 8:25 PM RETAIL landlord SPH Reit has priced its offering of S$3 million of 4.1 per cent subordinated perpetual securities, under its S$1 billion multicurrency debt issuance programme announced on Wednesday. The…

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