News
Civmec gives update on Luerssen Australia acquisition
Civmec entered into a non-binding agreement for the acquisition.
COSCO Shipping taps Wang Shan He as new chairman
He was also appointed as executive director and president of the company.
WTW launches cyber insurance facility in Singapore, Hong Kong
AI was ranked amongst the top five emerging risks in Asia.
Clearbridge Health completes placement of 309.5 million shares
The company’s total issued shares have increased to 2.17 billion shares.
Travelite Holdings’ founder acquires 1 million shares
He now holds a total of 38.57 million shares.
DBS redeems $1b perpetual securities at 3.30% on 27 February
The securities were issued under the 2020 US$3b Global Medium Term Note Programme.
NTUC, SNEF partner to double certified HR professionals by 2025
NTUC is also working with HR professionals to flag out potentially unfair practices.
Personal accident, health insurance market to exceed $8.5b by 2029
In 2024, PA&H insurance growth is forecast at 8.9%.
Landed home rentals to recover in 2025, luxury segment to slow: report
The brighter economic outlook will drive the rebound this year.
SGX sees 18% YoY rise in derivatives traded volume in December
Derivatives DAV grew 5% YoY.
UOL-SingLand JV acquires 50% stake in Sydney property
The acquisition was valued at $390m.
Fu Yu’s largest shareholder calls for EGM amidst company’s poor performance
He also wants two directors fired.
United Food Holdings to complete exit offer by March
The company will be delisted from the SGX.
Singapore SMEs register improved health in Q4: OCBC SME Index
1 in 5 SMEs are looking to expand overseas and improve business in 2025.
GKE Corp awaits greenlight on proposed entry into mobile handset distribution
It says the new handset distribution is meant to complement its current business.
SATS wins 14 new cargo and ground handling contracts from Air India
Air India also renewed 11 contracts with SATS and its unit.
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Commentary
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