News
DBS CEO Tan Su Shan named to EDB board
DBS CEO Tan Su Shan named to EDB board
Micron Technology’s EVP Manish Bhatia has also been named to the EDB board.
KIT invests in Global Marine Group with a 46.7% stake acquisition
KIF and its co-investor will hold the remaining 53.3% equity stake in GMG.
Zixin Group enhances sweet potato snacks
The global sweet potato fries market is forecasted to reach $3.5b (US$2.65b) by 2034.
UMC unveils new fab facility in Singapore
It is expected to create 700 jobs locally over the next few years.
KKH-led institute launches sexual health guidelines for women
The guidelines cover screening, assessment, education, and management.
GIC, Temasek to acquire ‘significant stake’ in biotech CRO Novotech
Novotech provides biotech to small and mid-sized pharma companies.
Grab bags taxi licence
This expands the street-hail sector's total number of taxi operators to six.
Keppel sells Palm City development stake for $141.4m
It is expected to result in net divestment profit of around $55m for Keppel.
Q & M Dental to acquire remaining 51% stake in EM2AI for $1.76m
It is expected to be completed by mid-2025.
Ho Bee Land drops acquisition bid for Australia’s AVJennings
AVJ has accepted a competing binding offer.
Yangzijiang Financial to divest entire treasury share at $0.72 apiece
The total gross proceeds amounted to $139.3m.
UOB to take legal action against Yang Kee Logistics’ ex-CEO
The bank called Ken Koh’s allegations baseless.
European PE firm Inflexion opens Singapore office
It has named Shane Gong as its managing director.
Private residential property prices inch up by 0.6 in Q1
This marks a slowdown from the 2.3% increase in the previous quarter.
GLP secures $480m in funding for data centre
The seed asset is constructed to tier III+ (T3+) standards.
65 Equity Partners, Inflexion secure minority stake in Kee Safety
The investment implies a valuation for Kee Safety of approximately $2.3b (£1.3b).
SG, Peru sign agreement on carbon credits collaboration
This is the first deal Singapore entered into with a Latin American country.
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