News

SGX RegCo pushes Noble to hire financial advisor

The advisor will look into shareholding structure concerns in Noble’s debt restructuring plan.

CityDev builds fund manager to accumulate $6.57b assets

It wants a constant income stream with less reliance on capital appreciation.

Jardine Matheson Holdings profit up 51.22% to $5b in 2017

Its profits from Mainland China grew 18% thanks to land and manufacturer acquisitions.

Chart of the Day: 25% of home sales were from non-Singaporeans

They bought 1,324 private condo units, a 0.7% dip in the sales volume.

7 in 10 female expats eye Singapore for improved income

Over half of female expats also think it is the best for work culture and personal fulfilment.

Jardine Strategic Holdings profit surged 49.17% to $10.84b in 2017

Jardine Matheson’s profit contribution rose to $491.04m or 4.5% of the total.

DairyFarm profits down 13.97% to $532.62m in 2017

Operating profit for its businesses fell after recognising $84.48m of business change costs.

MAS slams financial advisors' mass firm-hopping

It launched a public consultation for four measures that could address this.

Bangladeshi power producer eyes SGX listing

Whilst the deal is only set to be modestly sized at US$300m, analysts see this as sign of SGX's enduring appeal in luring new Asian listings.

Daily Markets Briefing: STI down 1.18%

Investors are urged to take caution today.

Chart of the Day: Temasek's major stock investments yielded 8.1%

Its investments in Keppel paid off the largest at 12.8%.

Noble's debt restructuring plan hit by suspicions

A wording on the “full release” of claims by senior creditors could absolve Noble legal debt claims.