News
Central Depository to assist shareholders of delisted companies
Central Depository to assist shareholders of delisted companies
Talks between MAS and ACRA regarding possible changes to the law that will help shareholders obtain their share certificates are on-going.
Wilmar to acquire Indonesian and Singaporean sugar refineries
Deals on 2 acquisitions to be expected to be completed on last quarter of 2010.
Raffles Education profit up 8.2% to S$55.8mln
Group established eight new colleges despite revenue fell 6.9% to S$188.1mln mainly behind lower enrolments in China.
COSCO delivers FPSO Cidade de Angra Dos Reis MV22
Company also secured contracts for construction of 2 deck barges of 15,000 dwt each worth US$12mln.
MAS lifts ban on 6 brokers' structured notes sale
Encourages consumers to refer to "Making Sense of Structured Products" guidebook before investing in structured notes.
Technical consumer goods sale in eight Asian markets up 13%
Singapore among countries wherein demand for Small Domestic Appliances grew by as much as 80%.
Changi Airport passengers up 16% in July
Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
SMX and TOCOM deploy KVH-SingTel low latency network solutions
KVH and Singtel partnership offer ultra low-latency capability expansion for improving liquidity in and SMX and TOCOM.
CapitaLand subsidiary sells 49% stake in OneSentral Park
Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.
Wilmar buys Windsor & Brook Trading
The agribusiness company continues to delve into the sugar business.
Olam subsidiary to build cotton ginning plant in Mozambique
US$6mln factory to increase Olam Mozambique production to 60.000 tonnes and workforce to 75,000.
Singapore Airlines hands donations to save rainforests
The airline company donates US$ 3 million to Harapan Rainforest Initiative.
Ascott Reit to raise $1.39bln properties in Asia and Europe
The property manager will acquire two Asian and 26 European properties, as well as divest Ascott Beijing for $301.8 million.
Olam International inks joint ecozone project with Gabon
The manager and producer of agri products is investing US$12 million equity in the SEZ development project for a 60% stake.
Thai Airways evaluating partnership with Tiger
Thailand carrier assessing if 65.8mln Tiger shares at discounted price of S$1.90 will affect alliance plan.
Asia Pacific commercial property markets offer attractive investment opportunities
Singapore office markets among the top five in region, whose all-property Fair Value Index at 67.
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Commentary
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