News
Asia Enterprises to acquire over 28% stake in GKE Metal Logistics
Asia Enterprises to acquire over 28% stake in GKE Metal Logistics
The transaction amounts to $8.86m, or $24.75 for each share.
SingPost clarifies Famous Holdings sale not yet certain
This comes after Maybank said that a potential sale could raise at least $80m.
Investor group SIAS calls for independent inquiry in SingPost exec dismissals
The group said this points to an ‘extremely serious’ breach of rules.
UMS Integration aims for secondary listing on Bursa Malaysia
The proposed secondary listing does not involve any offering of shares.
The Orie to launch sales bookings on 18 January
Prices for the units start at $1.28m.
Sembcorp completes tests for Manah II Solar Project
It is Sembcorp’s first greenfield renewable development in the Middle East.
First REIT renews lease for Imperial Aryaduta Hotel
The annual rent was set at 22 billion Rupiah.
Wilmar International plans to increase stake in Adani Wilmar
It will acquire 403.7 million shares.
Digital Core REIT faces DPU reduction risk after 8217 Linton Hall lease expiry
The renewal option for the property has expired.
Keppel DC REIT divests Basis Bay Data Centre in Malaysia for $16.9m
The purchaser, however, will only pay the REIT $16.7m.
SingPost appoints former Singapore CEO Neo Su Yin as group COO
Her appointment came after the sacking of three top executives.
SingPost answers SIAS after firing 3 execs over whistleblower mishandling
The whistleblowing matter was considered an ‘isolated’ issue.
CCCS OKs beverage container return scheme
Beverages in plastic and metal containers will have a refundable deposit of $0.10.
Seatrium, BP Exploration to develop Kaskida project in Gulf of Mexico
The Kaskida FPU is expected to produce 80,000 barrels of crude oil per day from six wells in the first phase of development.
Cromwell EREIT rebrands as Stoneweg EREIT
Its SGX-ST trading counter codes will remain as CWBU and CWBC.
JTC launches three sites under IGLS Programme
The Plot A Tukang Innovation Drive site measures 1.87 hectares.
Electronics lead 8.5% YoY rise in manufacturing output for November
The sector rose by 26.2% YoY.
Commentary
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