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Sembcorp invests 77% stake in Vellocet Clean Energy for $5m
Sembcorp invests 77% stake in Vellocet Clean Energy for $5m
It will tap into Australia’s direct supply of renewable energy to companies.
ComfortdelGro buys 49% stake in Australian car repair firm for $943,000
WSRC provides repair and maintenance of vehicles.
Customs to speed up process for Thailand-bound exports
Thailand's Singapore-bound exports will likewise go through the faster process.
7 Sembawang Road shophouses up for en bloc sale at $24m
They have a combined area of 24,240 sqft with first storeys approved for commercial zoning.
BreadTalk JV firm to set expansion in China through stake acquisition
It eyes developing the Song Fa brand as a market leader in South China.
Sixth Avenue bungalow plot up for sale at $16m
The 12,560 sqft site near the MRT station could be redeveloped.
CIMB Singapore launches online application for SGD fixed deposits
It will offer promotional rates for the deposits until 31 July.
ST Engineering Aerospace sold 25% of Airbus Helicopters unit for $14m
It is optimising its aerospace resources.
CAO buys Navires Aviation for $10.9m
It has a stake in Dutch firm Aircraft Fuel Supply B.V. and a distributor in Schiphol.
HSBC Singapore rolls out investment advisory platform for high net worth depositors
Clients with at least $1.2m in deposits also gain access to a luxury lifestyle concierge.
Singapore and Hong Kong startups to be linked through fintech deal
They will be engaged in a shared network and mentorship programmes.
BreadTalk to operate Chongqing bakeries
It plans to expand to China’s Southwestern market like Yunnan and Guiyang.
Yanlord Land raises stake in property unit for $215.92m
Its interest in the company jumped from 60% to 100%.
Epicentre sold Apple reseller stores in Singapore for $516,275
It was forced to exit the business due to competition from the Orchard retail store.
Hong Leong Asia to lose $43.5m over Chinese unit's restructure
Hong Leong Asia expects a loss of $43.5m due to the restructuring exercise of its consumer products unit Xinfei.
DBS to launch Indian subsidiary by October
The bank is only waiting for final greenlight from the central bank.
Circles.Life to get cloud services from Adobe
The services will be used for analytics, audience optimisation, and campaign management.
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