News

Keppel FELS to terminate rig contract with Awilco

Keppel FELS to terminate rig contract with Awilco

The latter failed to pay the instalment due on 9 June, entitling Keppel to terminate the deal.

Halcyon Agri to issue new ordinary shares at $0.22 apiece

This will be done on the basis of one rights share for every two existing ordinary shares.

Over 500 SMEs to benefit from Grow Digital initiative

There are currently five B2B platforms and six B2C solution partners pre-approved.

MIT to raise $350m through private placement

Most of the proceeds will be used in acquiring 14 data centres in the US.

Singapore, South Korea ink digital partnership deal

It aims to tackle bilateral cooperation in new emerging digital areas.

Daily Markets Briefing: STI down 0.2%

SGX saw the sharpest decline amongst top active stocks with a 2.05% contraction.

Chart of the Day: Units priced less than $1.5m more popular in Q1

CCR buyers recorded the most transactions with 57%.

OCBC is APAC's top lead arranger of green loans from 2018 to 2020YTD

Singapore’s OCBC and DBS accounted for $5.47b of such loans.

Singapore investment banking fees plummet 49.4% in H1

Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.

OCBC upgrades green finance portfolio target to $25b by 2025

It has already surpassed its $10b target for 2022 in Q1.

MPA, SSA, IMDA launch maritime digitalisation playbook

This is said to support maritime companies in accelerating digitalisation plans.

Hong Leong Asia extends deadline on Tasek takeover bid

It aims to acquire the remaining shares in the cement manufacturer.

Emirates resumes Singapore flights

This service will be offered three times a week in June.

ComfortDelGro enters agreement to bid for French metro projects

The company will participate through its subsidiary, ComfortDelGro Transit.

High Court hearing of Hyflux scheduled on 27 July

This follows after its pre-trial conference last 18 June.