News

Singapore Airlines promotes Western Australia

Singapore Airlines promotes Western Australia

Singapore Airlines partners with TWA to fund marketing campaigns and promote inbound tourism to Western Australia.

SingTel targets single-rate roaming network

Company plans to issue single charge for its pan-regional roaming network in eight Asian countries.

Singapore to invest $44bln to double rail network

Present rail network not enough for Singapore's growing population currently at around 5mln.

M1 offers 1Gbps plan and fixed voice service

Company provides a range of other competitive plans for high speed services using new fibre network.

Asian REITs' total first half market capitalization up 25%

Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.

SGX releases proposed Policy Statement on Sustainability Reporting

Seeks feedback on adoption of sustainability reporting and policy guidelines as holistic approach towards corporate disclosure.

APB builds new packaging facility in Vietnam

Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.

Launching: Dorsett Residences and Loft@Nathan

Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.

Olam profit up 49.3% to S$272.1mln

Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.

NOL to issue S$280 mln notes due 2020

Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.

Wilmar International completes acquisition of Natoleo

Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.

Tiger Airways to suspend 2 under-performing Australian flights

Operations would be stopped temporarily on November 10 and would resume if demand picks up.

Chip Eng Seng receives letter of intent for $142 mln contract

Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.

Cosco delivers vessel to European buyer

The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.

SGX to delist Avaplas

The manufacturer of plastic injection molding is expected to be taken off the official list of SGX-ST starting 9:00 am on 27 August 2010.

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.