News

Wilmar raises stake in Pakistan’s Unity Foods to 42.17%

Wilmar raises stake in Pakistan’s Unity Foods to 42.17%

Wilmar acquired new shares through its subsidiaries Wilmar Pakistan Holdings and Unity Wilmar Agro.

Olam Agri bags $1b revolving credit facility

Proceeds will be used to pay off Olam Agri's existing loans.

Silverlake Axis names Cass Goh as new CEO

Goh has been Silverlake Axis’ group deputy executive chairman since Oct 2023.

Keppel Infrastructure Trust obtains $50m loan facility

No mandatory prepayment event has occurred as per press time.

Condo prices on track for ‘stabilisation’ as cooling measures hit

Prices of ‘prime’ private homes are likely to remain flat at -1% and 2%

Singapore trims industrial land supply as manufacturing activity slows

Five sites under the Confirmed List of 2H 2024 IGLS programme.

Daily Markets Briefing: STI down 0.28%; Top stock is CapLand IntCom T

CapLand IntCom T is the top stock with a 1.54% increase.

Digital assets boost portfolio diversification in Singapore

Portfolio diversification and risk management drive adoption of digital assets among companies.

Evergreen and UBBIB sign strategic partnership, paving the way for a multimillion-dollar transformative merger

This collaboration further expands Evergreen's presence in Malaysia’s financial sector.

OCBC moves to delist Great Eastern with $25.60 final offer price

The IFA said that the offer is “not fair but reasonable".

Wing Tai unit bags tender for River Valley residential site at $464m

Wing Tai plans to develop the site into a 400-unit luxury residential complex.

SBF renews Lim Ming Yan as chairman, appoints 6 new council members

Nine council members resigned upon completing their terms.

Tokio Marine opens new financial advisory arm in Singapore

The life insurer aims to offer a more integrated financial service experience.

HDB sells mixed-use property at Tampines Street 94

This is seen to yield about 585 residential units.