Australia
Loss of MIT status ‘beyond control’—FHT
The group’s Australian subsidiary lost its MIT status due to a share swap transaction.
Loss of MIT status ‘beyond control’—FHT
The group’s Australian subsidiary lost its MIT status due to a share swap transaction.
Metro Holdings and Sim Lian buy $172.3m office property in Australia
It is the group’s 18th property and 5th office asset in the country.
Singtel's Optus, TPG Telecom secure approval for network-sharing deal
The agreement has an initial term of 11 years.
ComfortDelGro unit clinches 3 Victorian bus contracts worth $1.4b
The contracts will boost the company's Victoria Public Bus business by 30%.
SingPost’s Australia review could lead to M&A or future IPO
A partial stake sale may also be in the works, according to UOB Kay Hian.
UOB prices $860m unsecured notes due 2028
The issue date of the notes is on 8 August 2024.
Allianz Partners Expands SIA Insurance Offer in Australia
Passengers can purchase insurance during the booking process.
Tuan Sing terminates Perth hotel management contract with Hyatt
It will no longer be a Hyatt-managed hotel by 31 August.
Olam Agri plans to acquire Australia’s cotton-ginning giant, Naomi Cotton
Under the NBIO, Namoi shareholders would stand to receive total cash payments of A$0.591 per share.
DBS provides S$180m green loan to refinance Melbourne office tower
The 17-level building in Collins Street is wholly owned by public sector pension fund KWAP.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
Optus wins 900 MHz spectrum auction for $1.44b
The spectrum boost will deliver significant 5G coverage Australia-wide.
Lendlease partners with Stora Enso for sustainable construction materials
A new studio for sustainable timber products will be built in Milan, Italy.
Freedom Foods wins in Beverage category at Asian Export Awards 2020
The company’s MILKLAB plant-based milk is becoming increasingly popular.
Tong Eng Group secures $71m green loan from OCBC
Proceeds will be used for the refinancing of Tong Eng Building.
Which e-commerce site offers the best price to Singaporeans?
The biggest ones may need to find new ways to pass down savings to customers.
Four employers under investigation for alleged abuse of Jobs Support Scheme
Almost 2,200 employers are under review.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises