News

Stamford Tyres founder Wee Kok Wah passes away at 78

He served as managing director and company president for about 50 years.

Eight in 10 SG firms improve MTTR since adopting observability

However, only 10% achieved full-stack observability adoption rates.

Oil spill near Bukom Islands expected to be cleared in days, monitoring ongoing

As of 22 October, there were no other oil sightings at sea and ashore.

UOB issues three-year $923.9m bond

The company will apply for the bond to be listed on SGX.

JTC, VFT, Advario sign MoU for energy storage in Jurong Island

It aims to optimise the storage of excess electricity from renewables.

Keppel REIT's distributable income dips 1.9% YoY to $160.6m in 9M24

It attributed the decline to higher borrowing costs.

Parkway Life REIT raises $180m in oversubscribed private placement

It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.

OUE unit to issue $50m green notes at 4% due 2029

These new notes will be consolidated with the existing $150m green notes issued on 8 October.

CapitaLand Ascott Trust divests Tianjin property at above book value

After the divestment, CLAS will only have four properties in China.

Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m

The REIT expects to complete the acquisition by Q4 2024.

EMA awards Energy-Industry Scholarship to 8 engineering students

The scholarship covers tuition fees and a one-time allowance of $1,200 for course-related expenses.