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SMX records highest overall turnover

SMX records highest overall turnover

The turnover was $635.23 million with a total volume of 19,231.

Pacific International Lines seeks voluntary delisting of PST

DBS, for and on behalf of Pacific International Lines, will make a cash offer to acquire all the issued units of Pacific Shipping Trust other than those already held at the date of the Exit Offer.

Mazars issues disclaimer on Sun East’s audited finances

The company states that it has not been able to obtain sufficient appropriate audit evidence to provide basis for an audit opinion.

Bond issuer NIS Group fails to pay loans

This resulted to an Event of Default for the bonds currently listed on SGX.

Shell Singapore to pay for undelivered cargoes

Unable to deliver because of the Bukom fire last week, Shell offered to pay clients to effectively buy back the orders.

PEC secures S$45m contract with JGC Corporation

The Group’s total order book has now exceeded the S$300 million mark.

Jalan Loyang Besar/Pasir Ris Rise site gets almost $141m top bid

The 17,274.2 sqm land parcel received 13 bids with the highest coming from the group of Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Oriental Worldwide Investments Inc.

Pteris Global takes over AeroMobiles

The acquisition to enable the company to expand its product range to its global customer base.

Sembcorp unit inks S$130mn FPSO conversion project

Jurong Shipyard to convert a VLCC to a FPSO vessel capable of producing 100,000 barrels of oil daily.

SGX September derivatives and commodities trading step up

But the exchange’s securities turnover dived 21% due to economic uncertainties.

Prime Orchard Road rents register biggest increase since 2007

It has risen five percent from the second quarter of 2011 to average $31.60 psf/ month.

Ascendas REIT acquires business park within the Haidian district in Beijing

The property was acquired from a related party of its sponsor, the Ascendas China Industrial and Business Park Fund, for RMB 300m.

First session of 12th Parliament opens 10 October 2011

The President's Address will be delivered at 8:30 pm on the same day.

Fitness First shelves $500m Singapore IPO

Volatile market conditions prompted Fitness First to postpone the listing to 2012.

A-REIT acquires business park property in Beijing

The 37,707 sqm Ascendas Z-Link is near a major thoroughfare and a Metro Light Railway station.

Keppel FELS bags US$199mn order for Safin’s first KFELS B Class jackup rig

The deal will enable Safin to meet the needs of its customers and launch the programme of its premium rig fleet.

SGX named as suitor in London Metal Exchange deal

SGX is reportedly teaming up with London Stock Exchange for the deal potentially worth 1 billion pounds.