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Viewing By Category : Daily Bulletin   |   No. of Articles : 2360
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Australia Logistics

Ascendas REIT To Acquire Logistics Property In Australia For $76.6 Million

Ascendas REIT has proposed the acquisition of a logistics property located in Sydney, Australia, for $76.6 million.

  • 24 December 2015
  • Daily Bulletin
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    Acquisition

    Baring Fund Announces Takeover Bid For Interplex Holdings

    An investment vehicle of Baring Private Equity Asia, has announced a $449.6 million takeover bid for Interplex Holdings.

  • 24 December 2015
  • Daily Bulletin
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    Acquisition

    Yamada Green Resources To Acquire 45 Percent Of Fujian Tianwang Foods

    Yamada Green Resources has entered into an agreement to acquire 45 percent equity interest in Fujian Tianwang Foods and its subsidiary, Sanming Sennong Forestry, for Rmb39.9 million.

  • 24 December 2015
  • Daily Bulletin
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    Offshore Drilling Platform and Sun

    Swiber Holdings To Purchase Construction Barge

    Swiber Holdings has entered into an agreement to purchase a construction barge for US$10 million.

  • 23 December 2015
  • Daily Bulletin
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    noble-2

    Noble Group To Sell Remaining Stake In Noble Agri

    Noble Group had successfully concluded the terms for the disposal of its remaining 49 per cent stake in Noble Agri to COFCO International.

  • 23 December 2015
  • Daily Bulletin
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    ST Engineering

    Singapore Technologies Engineering Injects Additional Capital Into Keystone Holdings

    Singapore Technologies Engineering’s aerospace arm has injected US$8.1 million into the capital of its subsidiary, Keystone Holdings (Global).

  • 23 December 2015
  • Daily Bulletin
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    Contract Wins

    Transcorp Holdings To Acquire 88.5 Percent Of Regal Motors

    Transcorp Holdings has entered into a sale and purchase agreement for the acquisition of 88.5 percent of Regal Motors for up to $20 million.

  • 22 December 2015
  • Daily Bulletin
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    property

    Hiap Hoe To Sell Australia Property For AUD116.3 Million

    Hiap Hoe has entered into a formal contract of sale in relation to the proposed sale of the group’s freehold asset located at 206 Bourke Street, Melbourne, Australia.

  • 22 December 2015
  • Daily Bulletin
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    Swissco Holdings Shipyard

    Yangzijiang Shipbuilding Secures 11 Contracts Worth US$626 million

    Yangzijiang Shipbuilding has secured contracts for 11 vessels worth US$626 million, ending the year with a total of 37 shipbuilding contracts worth US$2.25 billion.

  • 21 December 2015
  • Daily Bulletin
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    Contract

    SATS To Acquire 49 Percent Of Brahim’s Airline Catering Holdings

    SATS has entered into a conditional share sale agreement to acquire 49 percent of Brahim’s Airline Catering Holdings for RM218 million.

  • 21 December 2015
  • Daily Bulletin
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    Offshore Drilling Platform and Sun

    Ezra Holdings’ Subsea Services Division Secures US$70 Million Contracts

    Ezra Holdings’ subsea services division, EMAS AMC, has won contracts worth nearly US$70 million, including work with a new client in the Middle East.

  • 21 December 2015
  • Daily Bulletin
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    Contract

    AusGroup Announces Contract Awards And Updates

    AusGroup has announced that recent contract awards and extension for its clients within the energy and industrial sectors amount to a combined value of the contracts of approximately AUD100 million since its most recent market update as at 30 September 2015.

  • 17 December 2015
  • Daily Bulletin
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    Review_thumb

    The Trendlines Group Extents Incubator Franchise, Invests In 2 Medical Companies

    The Trendlines Group has received formal notice of the renewal of its incubator franchise for a period of 8 years from 2016 to 2023 from the Office of the Chief Scientist of the Israel Ministry of Economy (OCS). Under the new terms, OCS will provide the group with an NIS4.94 million ($1.8 million) operating grant over the life of the franchise and the group is required to spend at least NIS10.08 million ($3.94 million) on the operation of the Incubator over the eight year period.

  • 17 December 2015
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    handshake

    Ntegrator International Wins Three Contracts Worth $9 Million

    Ntegrator International announced that it has secured three contracts worth approximately $9 million from repeat customers in Singapore, Myanmar and Vietnam. One of the contracts is a 12-month contract commencing December 2015 for pipeline installation and maintenance services in Singapore, awarded by a regional service provider.

  • 17 December 2015
  • Daily Bulletin
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    thumb-city-developments

    City Developments In $1.1 Billion Singapore Office Venture

    City Developments (CDL) has entered into an agreement with Alpha Investment Partners (Alpha) , through Alpha Asia Macro Trends Fund II, to create a joint office investment platform that will acquire three of CDL’s prime office assets. Through the transaction, both parties will jointly invest in an office portfolio with a total value of approximately $1.1 billion.

  • 16 December 2015
  • Daily Bulletin
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    Yoma

    Yoma Strategic To Distribute Mistubishi Automobiles In Myanmar

    Yoma Strategic Holdings; wholly-owned subsidiary, Yoma Nominee Limited has established a new 50-50 joint venture company, MM Cars Myanmar (MMCM), with Mitsubishi Corporation.

  • 16 December 2015
  • Daily Bulletin
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    China Everbright

    China Everbright Water Wins Nanjing Reusable Water Project

    China Everbright Water has won the tender for Nanjing Pukou Resuable Water Project in Jiangsu Province with the highest ranking in the overall score rating.

  • 16 December 2015
  • Daily Bulletin
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    ezion150518

    Ezion Holdings In Strategic Cooperation Agreement With Chinese State-Owned Enterprise

    Ezion Holdings has entered into a strategic cooperation agreement with a Chinese state-owned enterprise (SOE) to support offshore wind power installation projects in China which are mainly along the coastal regions of China.

  • 15 December 2015
  • Daily Bulletin
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    Business Graph

    MMP Resources Restructures For Future Growth

    MMP Resources announced that through a concerted restructuring of business since February 2015, the group has significantly reduced its debt, resulting in stronger fundamentals. Since early 2015, the group has executed various initiatives to decouple or cease transactions undertaken by previous management as well as disposed several assets to relieve the group of its long term financial burden to achieve stability in operating cashflow.

  • 15 December 2015
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    handshake

    Envictus International Acquires Lyndarahim Ventures

    Envictus International Holdings’ wholly-owned subsidy, Platinum Appreciation, together with Brothers Coffee Ventures has entered into a conditional share sale agreement to acquire the entire issued and paid-up share capital of Lyndarahim Ventures, for a total consideration of RM24 million, with the group acquiring 85 percent of the sale shares for cash consideration of RM20.4 million.

  • 15 December 2015
  • Daily Bulletin
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    property

    Sim Lian Group Acquires Australian Properties For AUD70 Million

    Sim Lian Group has announced the proposed acquisition of two investment grade retail properties, Woolworths Shopping Centre and Masters Home Improvement Everton Park located at Queensland, Australia, for a total consideration of AUD70 million.

  • 14 December 2015
  • Daily Bulletin
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    uol logo

    UOL Group And UIC Awarded Residential Site Tender By URA

    UOL Group has announced that the Urban Redevelopment Authority (URA) has awarded the tender submitted by its wholly-0wned subsidiary UOL Venture Investments and Singland Home, a subsidiary of United Industrial Corporation (UIC) for the residential site at Clementi Ave 1 at a tender price of $302.1 million.

  • 14 December 2015
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    Contract Wins

    IPS Securex Holdings Awarded US$64.5 Million Contract

    IPS Securex Holdings has announced that the group has received a US$64.46 million Letter of Award (LOA) for the sale of Hyperspike acoustic hailing devices and their supporting accessories for delivery to a certain customer in Southeast Asia envisaged over a period of five years by December 2020, subject to the issue of the relevant issue purchase orders.

  • 14 December 2015
  • Daily Bulletin
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    Commercial buildings

    OUE To Increase Shareholding In Gemdale Properties and Investment Corporation

    OUE has announced that its indirect associated company, OUE Lippo, has entered into three separate share purchase agreements to acquire a total of 1.2 billion ordinary shares of Gemdale Properties and Investment Corporation.

  • 11 December 2015
  • Daily Bulletin
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    GLP

    Global Logistic Properties Completes Cross-Border Investment In China

    Global Logistic Properties has completed its strategic investment of a 15.5 percent equity stake in China Materials Storage and Transportation Development Company (CMSTD).

  • 11 December 2015
  • Daily Bulletin
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    Diamonds

    Soo Kee Group Signs Exclusive Distributorship With All Love Diamond

    Soo Kee Group will be signing an exclusive distributorship with All Love Diamond (ALLOVE) for the ALLOVE brand of diamonds under its SK Jewellery brand for distribution in Singapore and Malaysia.

  • 11 December 2015
  • Daily Bulletin
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    Contract Wins

    Saviva Capital To Participate In Trendlines Group’s Incubator Bid

    The Trendlines Group announced that Saviva Capital will join the group in submitting a joint application to Israel’s Office of the Chief Scientist for operating an incubator focused on agriculture and food technologies.

  • 10 December 2015
  • Daily Bulletin
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    Contract

    Hengxin Technology Secures Tenders In China

    Hengxin Technology has recently been awarded with the tenders for the Jinhua-Wenzhou railway, Hefei subway and other projects in China.

  • 10 December 2015
  • Daily Bulletin
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    CDL

    City Developments Invests In AUD275 Million Residential Development In Australia

    City Developments (CDL) in partnership with leading Australian developers, Abacus Property Group and KPG Capital, will jointly develop a prime residential land site in Brisbane’s South Bank precinct.

  • 10 December 2015
  • Daily Bulletin
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    Frasers

    Frasers Centrepoint’s Subsidiary To Acquire Golden Tent

    Frasers Centrepoint announced that its subsidiary, Malmaison and Hotel du Vin Property Holdings (MHDV), have entered into an agreement to acquire Golden Tent for approximately $76.3 million.

  • 09 December 2015
  • Daily Bulletin
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    CEW-Water

    Sembcorp Industries Completes Expansion Of Desalination Plant

    Sembcorp Industries has successfully completed and commenced operations of a US$200 million expansion to the Fujairah 1
    Independent Water and Power Plant in the United Arab Emirates.

  • 09 December 2015
  • Daily Bulletin
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    CapitaLand

    HLH Group Acquires Land Parcels In Cambodia For Property Development

    HLH Group has acquired a 30 percent interest in two plots of land in Cambodia for US$2.8 million.

  • 09 December 2015
  • Daily Bulletin
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    Contract Wins

    Rowsley Teams Up With Thomson Medical To Develop Healthcare City In Johor

    Rowsley and Thomson Medical has inked a memorandum of understanding to develop the Vantage Bay Healthcare City (VBHC) project in Iskandar in southern Malaysia, valued at RM5 billion ($1.7 billion).

  • 08 December 2015
  • Daily Bulletin
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    thumb-shipping

    France’s CMA CGM Offers $3.4 Billion For Neptune Orient Lines

    Neptune Orient Lines (NOL) has received a $3.4 billion takeover from France’s CMA CGM, the world’s third-largest container shipper.

  • 08 December 2015
  • Daily Bulletin
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    Construction site

    TTJ Holdings’ 1Q16 Net Profit Slips 1.7%

    Despite a 3.6 percent increase in revenue to $25.6 million, TTJ Holdings’ 1Q16 net profit slipped 1.7 percent to $4.1 million.

  • 08 December 2015
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    Contract

    Otto Marine Secures US$26 Million Contract

    Otto Marine announced that it has secured a long term bareboat charter contract worth US$26 million on 4 December 2015.

  • 07 December 2015
  • Daily Bulletin
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    Vallianz

    Vallianz Inks New Charter Worth Up To US$98 Million

    Vallianz Holdings has won a time charter contract valued at up to US$98 million to supply four offshore support vessels to an existing customer in the Middle East.

  • 07 December 2015
  • Daily Bulletin
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    thumb-sembcorp-industries

    Sembcorp Industries To Develop US$300 Million Power Plant In Myanmar

    Sembcorp Industries’ wholly-owned subsidiary, Sembcorp Utilities, has signed a memorandum of agreement with Myanmar’s Department of Electric Power Planning to invest in and develop a 225-megawatt gas-fired power plant in central Myanmar.

  • 07 December 2015
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    property

    Roxy-Pacific Holdings To Acquire Property In Australia For AUD81 Million

    Roxy-Pacific Holdings has entered into an agreement to acquire a property located at 117 Clarence Street, Sydney, Australia, for AUD81 million.

  • 04 December 2015
  • Daily Bulletin
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    Contract

    TTJ Holdings Secures New Contracts Worth $16 Million

    TTJ Holdings has secured new public sector and industrial contracts worth $16 million to be substantially delivered between FY16 to FY18.

  • 04 December 2015
  • Daily Bulletin
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    healthcare

    Healthway Medical Corp’s 9M15 Net Profit Plunges 79.6%

    Healthway Medical Corp announced a net profit of $2.6 million for 9M15, plunging 79.6% from $12.7 million during the same period last year.

  • 04 December 2015
  • Daily Bulletin
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    US-Joiner-Announces-Acquisition-of-Infinity-Offshore-Marine

    Sembcorp Marine Announces Standstill Agreement

    Sembcorp Marine’s wholly-owned subsidiary, Jurong Shipyard, has reached a standstill agreement with North Atlantic Drilling for the delivery of the sixth generation harsh environment semisubmersible drilling rig until June 2016.

  • 03 December 2015
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    Offshore Drilling Platform and Sun

    KS Energy’s Indirect Subsidiary Awarded US$4.1 Million Contract

    KS Energy’s indirect subsidiary, Atlantic Onshore Services, has been awarded a contract for the KS Discoverer 3 land drilling rig.

  • 03 December 2015
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    qmdentalgroup

    Q&M Dental Group Obtains Approval For Dental Zirconium Blocks

    Q&M Dental Group’s wholly owned subsidiary, Dentmedix, has successfully registered the dental zirconium oxide ceramics blocks manufactured by Qinhuangdao Aidite High-Technical Ceramics with Singapore’s Health Sciences Authority.

  • 03 December 2015
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    property

    Frasers Property Australia Achieves Strong Sales For Central Park’s DUO

    Joint venture partners, Frasers Property Australia, the Australian division of Frasers Centrepoint, and Sekisui House Australia, achieved impressive sales of over AUD229 million from the launch of their newest residential release, DUO, at the AUD2 billion Central Park urban village.

  • 02 December 2015
  • Daily Bulletin
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    sembcorp marine

    Sembcorp Marine Commences Legal Action And Issues Profit Guidance

    Sembcorp Marine’s subsidiary, PPL Shipyard, has now commenced an action against Marco Polo Marine in the Singapore High Court.

  • 02 December 2015
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    Contract Wins

    IPS Securex Holdings Secures Major Deal For Bio-Nexus Software Solution

    IPS Securex Holdings has received a letter of appointment from Bio-Nexus as a subcontractor for the deployment and maintenance of Bio-Nexus’ Care-Nexus software system at the Visy Group’s Chicago site as well as at 15 additional sites of the Visy Group.

  • 02 December 2015
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    thumb-pills-drugs

    iX Biopharma Secures Indonesia Patent For Waferix™ Technology

    iX Biopharma has secured a patent in Indonesia for its WaferiX™ drug delivery technology, the sixth country to-date.

  • 01 December 2015
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    Commercial buildings

    Ho Bee Land Acquires Sixth Prime Office Building In London

    Ho Bee Land has entered into a sale and purchase agreement with Lunar House to acquire a freehold property known as Apollo House and Lunar House in London for approximately $210 million.

  • 01 December 2015
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    First ship

    First Ship Lease Trust Announces Delivery Of FSL Osaka

    First Ship Lease Trust has taken delivery of the newly acquired 2007, Japanese-built, 45,998 deadweight tonnage medium range product tanker and has named the vessel FSL Osaka.

  • 01 December 2015
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    Jumbo-Group_chillicrab

    Jumbo Group’s FY15 Net Profit Slips 8%

    Jumbo Group’s FY15 net profit fell 8 percent despite a 9.2 percent increase in revenue mainly due to increased revenue contributions from new outlets which were opened towards the end of FY14.

  • 30 November 2015
  • Daily Bulletin
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    Construction site

    OKP Holdings Secures $94.6 Million Project

    OKP Holdings’ wholly-owned subsidiary, Or Kim Peow Contractors, has been awarded a $94.6 million contract by the Land Transport Authority.

  • 30 November 2015
  • Daily Bulletin
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    thumb-olam1

    Olam International To Enter Animal Feed Business

    Olam International announced that its grains platform plans to expand into animal feed and related businesses in Nigeria.

  • 30 November 2015
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    IHH pic 1

    IHH 3Q15 Headline Net Profit Down 19%

    IHH’s 3Q15 core net profit is down 19 percent, as profits were largely eroded by one-off FX losses from non Turkish Lira borrowings on Acibadem.

  • 27 November 2015
  • Daily Bulletin
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    China Sunsine Chemical To Acquire Shanxian Fulong Villa For $4.4m

    In an attempt to tap on the growing hospitality sector in the region, China Sunsine Chemical has entered into a Project Development Agreement with Shanxi county’s local government to acquire Shanxian Fulong Villa for $4.4 million. The target company owns the dormant Shanxian Fu Long Lake Convention Centre, a hotel cum convention centre, and has [...]

  • 27 November 2015
  • Daily Bulletin
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    expand

    Riverstone Hldgs Acquires Land To Support Expansion Plans

    Riverstone Hldgs has acquired a 9.364 acres land at Kamunting Raya Industrial Estate, Perak, Malaysia for RM2.89 million.

  • 27 November 2015
  • Daily Bulletin
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    Tablets

    iX Biopharma Successfully Completes Pilot Bioavailability Study

    iX Biopharma has successfully completed a pilot bioavailability study for PheoniX™, a product currently being developed for the treatment of male erectile dysfunction.

  • 26 November 2015
  • Daily Bulletin
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    Chiwayland

    Chiwayland International’s Subsidiary Acquires Land Use Rights In China

    Chiwayland International’s 60 percent owned subsidiary, Suzhou Chiway Shangcheng Real Estate, won the bid for the land use rights for a land parcel located at Suzhou New & Hi-tech Industrial Development Zone, Suzhou City, China.

  • 26 November 2015
  • Daily Bulletin
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    arrow red

    Asiatravel.com Holdings Sinks Deeper Into The Red For FY15

    Asiatravel.com Holdings announced a net loss of $10.8 million for FY15, sinking deeper into the red from a net loss of $9.6 million in FY14.

  • 26 November 2015
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    Rowsley To Redevelop Historic Stock Exchange Building Into Boutique Hotel

    Rowsley’s wholly owned subsidiary, Rowsley (Stox), has entered into a joint venture agreement to invest in and redevelop the Northern Stock Exchange building in Manchester, United Kingdom into a boutique hotel.

  • 25 November 2015
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    property and real estate

    Viva Industrial Trust Acquires Two Properties For $122.7 Million

    Viva Industrial Trust has completed the acquisition of two properties located at 19 Tai Seng Avenue and 11 Ubi Road 1 for a total consideration of $122.7 million.

  • 25 November 2015
  • Daily Bulletin
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    thumb-analyse-stocks

    Spackman Entertainment Group To Release Mystery-Drama Movie Overseas

    Spackman Entertainment Group announced that its mystery-drama movie, The Priests, is set for release in several markets outside of Korea.

  • 25 November 2015
  • Daily Bulletin
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    Midas Train

    Midas Holdings Scores 4 Supply Contracts Worth Rmb72.5 Million

    Midas Holdings announced that its subsidiary, Jilin Midas Aluminium Industries, has secure four contracts totalling Rmb72.5 million for the supply of aluminium alloy extrusion profiles for metro trains and airport rail trains in the PRC and Malaysia respectively.

  • 24 November 2015
  • Daily Bulletin
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    thumb-up-arrow

    Datapulse Technology 1Q16 Earnings Soar 150%

    Datapulse Technology reported a 1Q16 net profit of $3.9 million, a massive 150.5 percent boost from the net profit of $1.6 million last year, boosted by an increase in revenue received.

  • 24 November 2015
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    GLP Thumbnail

    GLP Sign Leases With Three Chinese Industry Leaders

    GLP has announced the signing of leases totalling 69,000 square metres with three industry leaders in China: JD.com, Best Logistic and STO Express. They will utilize the space to cater to increasing demand driven by growing domestic consumption.

  • 24 November 2015
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    CITIC_Envirotech

    Citic Envirotech Wins Bid For Rmb549 Million Project

    Citic Envirotech has announced that the group was awarded a Public-Private Partnership project in Liaoyang City, Liaoning Province, China worth approximately Rmb549 million ($122 million).

  • 23 November 2015
  • Daily Bulletin
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    handshake

    Roxy-Pacific Acquires $10 Million Freehold Residential Site

    Roxy-Pacific announced that its subsidiary, RH Eunos, has entered into an agreement to acquire a freehold residential site at a purchase price of $10.1 million.

  • 23 November 2015
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    Oil-Rig-1

    KS Energy Scores Drilling Rig Contract Worth US$2.8 Million

    KS Energy has announced that a consortium of PT Atlantic Oilfield Services, a subsidiary of KS Drilling and PT Java Star Rig, a joint venture of KS Drilling, has been awarded a contract for the “KS Java Star” jack-up drilling rig.

  • 23 November 2015
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    frasers_logo

    Frasers Hospitality Launches Second Tianjin Property

    Frasers Centrepoint’s hospitality arm, Frasers Hospitality, has strengthened its presence in China with the opening of its second serviced residence in the city of Tianjin, Fraser Place Tianjin. This marks the group’s 15th property in China, where its footprint is expected to double to 30 properties with over 7,000 serviced apartment units by 2019.

  • 20 November 2015
  • Daily Bulletin
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    Contract Wins

    BH Global Secures Multiple Contracts Worth $6 Million

    BH Global Corporation has announced that its supply chain management subsidiary, Beng Hui Marine Electrical, has been awarded a series of contracts worth $6 million from various marine and offshore customers.

  • 20 November 2015
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    red_arrow_down_crash_1600_clr_2751

    TPV Technology 9M15 Net Loss Widens 49%

    TPV Technology slid deeper into the red with a massive 49.1 percent increase in 9M15 net loss to US$90 million, from the net loss of US$60.2 million last year, weighed down by uncertainties in the economy.

  • 20 November 2015
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    sembcorp marine

    Sembcorp Marine Scores FSO Contract

    Sembcorp Marine has announced that its wholly-owned subsidiary, Sembcorp Marine Rigs and Floater has secured a contract to design and build a new floating, storage and offloading (FSO) vessel for MODEC Offshore Production Systems, a subsidiary of MODEC.

  • 19 November 2015
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    first reit

    First REIT Strengthens Growth With $70 Million Indonesia Acquisition

    First Real Estate Investment Trust (First REIT) has announced entering into conditional share purchase agreements to acquire the entire share capital of PT Nusa Bahana Niaga (PT NBN), who holds certain rights to Siloam Hospitals Kupang and Lippo Plaza Kupang, for a price consideration of $70 million.

  • 19 November 2015
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    arrow red

    Cosmosteel FY15 Earnings Plunge Amid Lacklustre Demand

    Cosmosteel Holdings reported net loss of $0.9 million for FY15, a massive plunge from the net profit of $5.5 million last year, as well as a 30.3 percent decline in revenue received from a lacklustre global economy.

  • 19 November 2015
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    china-skychem

    China Sky Chemical Fibre Company Returns Land To Authorities

    China Sky Chemical Fibre Company’s wholly-owned subsidiary, Qingdao Zhongda Chemical Fibre Company, has returned the land where its manufacturing plant is located to the Qingdao City Huangdao District Land Resources and Housing Authority.

  • 18 November 2015
  • Daily Bulletin
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    hyflux

    Hyflux Acquires 50% Of PT Oasis Waters International

    Hyflux has announced that its wholly-owned subsidiary, Hyflux Consumer Products, has entered into a Joint Venture Agreement with PT Gunawan Sejahtera for the proposed acquisition of 50 percent stake of PT Oasis Waters International (PT Oasis) for $50 million.

  • 18 November 2015
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    break(great for any design)

    Marco Polo Marine Terminates Sembcorp Marine Rig Construction Contract

    Marco Polo Marine has announced the termination of a US$214.3 million contract for a jack-up rig under construction at Sembcorp Marine’s 85 percent-owned PPL Shipyard.

  • 18 November 2015
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    Triyards

    Triyards Holdings Inks US$12.8 Million Contract From New Client

    Triyards Holdings has extended its product range to escort tugs for new client Greenbay Marine, a Singapore-based international specialist marine craft group, demonstrating the group’s established versatile engineering capabilities.

  • 17 November 2015
  • Daily Bulletin
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    rig-white-and-red

    NauticAWT Awarded $3.5 Million Engineering Contract

    NauticAWT’s recently acquired subsidiary, Marine Engineering Services, has been awarded a $3.5 million engineering contract for the design of living quarters for an offshore platform from SMOE, a subsidiary of SembCorp Marine.

  • 17 November 2015
  • Daily Bulletin
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    contract

    Fragrance Group Increases Stake In LCD Global Investments To 83%

    Fragrance Group announced that its associated company, AF Global, has acquired an additional 28.9 percent stake in LCD Global Investments (LCD) for an aggregate consideration of $74.2 million.

  • 17 November 2015
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    Contract Wins

    Rex International Injects US$8.2 Million Into Masirah Oil

    Rex International’s indirect wholly-owned subsidiary, Rex Oman, has completed the subscription of 5,760 new shares in Masirah Oil (MOL) at US$1,426 per share, amounting to approximately US$8.2 million.

  • 16 November 2015
  • Daily Bulletin
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    comfort

    ComfortDelGro Corporation 9M15 Net Profit Up 6%

    ComfortDelGro Corporation’s 9M15 revenue inched up 1.5 percent to $3,048.5 million, while net profit grew 6.3 percent to $233.7 million.

  • 16 November 2015
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    Q&M

    Q&M Dental Group 9M15 Earnings Soar 84%

    Q&M Dental Group (Singapore) reported an 83.9 percent leap in its 9M15 net profit to $9.3 million, on the back of a 32.1 percent rise in revenue to $90.1 million.

  • 16 November 2015
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    Ezion

    Ezion Holdings 9M15 Earnings Slumps 28% On Worsening Margins

    Ezion Holdings reported a slump of 28.3 percent in their 9M15 net profits to US$100.3 million on the back of worsening margins under a depressed oil and gas price environment.

  • 13 November 2015
  • Daily Bulletin
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    Golden Agri Logo

    Golden Agri-Resources 9M15 Earnings Up 261% Despite Revenue Slip

    Golden Agri-Resources announced a soar of 260.9 percent in 9M15 net profits despite a slip in revenue received.

  • 13 November 2015
  • Daily Bulletin
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    thumb - valuetronics

    Valuetronics Holdings 1H16 Net Profits Dip 6%

    Valuetronics Holdings reported 1H16 net profits to HK$65.7 million, a dip of 6.4 percent from the net profits of HK$7.2 million last year, on the back of a drop in revenue.

  • 13 November 2015
  • Daily Bulletin
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    UOL

    UOL Group 9M15 Net Profits Down 25%

    UOL Group suffered a slump of 24.7 percent in its 9M15 net profits to $327.6 million on the back of a drop in revenue.

  • 12 November 2015
  • Daily Bulletin
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    eu_yan_sang

    Eu Yan Sang In The Red For 1Q16

    Eu Yan Sang International sunk into the red with a net loss of $150,000 for 1Q16, a massive slump from the net profit of $737,000 last year on the back of a drop in revenue received.

  • 12 November 2015
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    thumb - civmec

    Civmec Awarded AUD45 million Contract Across Various Sectors

    Civmec has announced that it has secured approximatelye AUD45 million of new contracts and additional work on existing projects.

  • 12 November 2015
  • Daily Bulletin
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    Breadtalk

    Breadtalk Group 9M15 Earnings Down 23%

    Breadtalk Group has announced a slip of 22.7 percent in 9M15 net profits to $6.5 million despite recording a 7.9 percent increase in revenue to $469.1 million.

  • 11 November 2015
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    thumb-handshake

    Roxy-Pacific Acquires Australia Residential Land For AUD15.7 Million

    Roxy-Pacific Holdings’ wholly-owned indirect subsidiary in its wholly-owned subsidiary in Australia, Roxy-Pacific Killara, has entered into contracts to purchase properties located at 6A nad 8 Buckingham Road, Killara NSW, Australia for a consideration of AUD15.65 million.

  • 11 November 2015
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    Otto Marine Vessel

    Otto Marine Into The Red With 9M15 Net Loss $21.4 Million

    Otto Marine has sunk into the red with 9M15 net loss of $21.4 million, as compared to the net profit of $4.5 million in the same period last year.

  • 11 November 2015
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    capita

    The Ascott’s Global Fund Acquires Two Prime Properties In Paris And Tokyo

    CapitaLand’s wholly owned serviced residence business unit, The Ascott’s, 50:50 joint venture private equity fund with Qatar Investment Authority, has announced the purchase of two prime properties in Paris and Tokyo for US$104 million ($145 million).

  • 09 November 2015
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    ARA

    ARA Asset Management 9M15 Earnings Down 24%

    ARA Asset Management announced 9M15 net profits of $52.5 million, a slump of 24.3 percent from the net profits of $69.4 million last year, on the back of a drop in revenue.

  • 09 November 2015
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    frasers_logo

    Frasers Centrepoint FY15 Net Profits Soar 54%

    Frasers Centrepoint announced soaring net profits for FY15 which increased 54 percent to $771.3 million on the back of a massive revenue expansion.

  • 09 November 2015
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    ST eng

    ST Engineering Reports Comparable Year-on-Year 9M15 Net Profits

    Singapore Technologies Engineering (ST Engineering) reported 9M15 net profit of $388.2 million, a mere 0.9 percent dip from last year, with revenue dropping 2.9 percent.

  • 06 November 2015
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    China Everbright

    China Everbright Water Boxing Waste Water Treatment Project To Increase Tariff

    China Everbright Water has announced that its Binzhou Boxing Waste Water Treatment Project (Boxing project) has confirmed a tariff raise of 17.3 percent with the approval of Boxing County Government, Binzhou City, Shandong Province.

  • 06 November 2015
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    SIA

    SIA Reports 2 Fold Increase In 1H16 Net Profit

    Singapore Airlines (SIA) reported a more than twofold increase in 1H16 net profit to $304.8 million, from the net profit of $125.7 million last year

  • 06 November 2015
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    GLP features

    GLP Completes Acquisition Of US Portfolio Worth US$4.55 Billion

    Global Logistics Properties (GLP) has completed its acquisition of a US$4.55 billion portfolio and established US Income Partners II with China Life and two additional leading global institutional investors.

  • 05 November 2015
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    hyflux

    Hyflux 9M15 Net Profits Slumps Amidst Europe Investment

    Hyflux reported a 65.6 percent slump in 9M15 net profits to $38 million together with an announcement of acquisition of a European consumer water technology firm.

  • 05 November 2015
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    Tigerair

    Tigerair Signs Aircraft Maintenance Contract With Airbus

    Tiger Airways Holdings (Tigerair) and Airbus have entered into a 10-year Flight Hour Services – Tailored Support Package agreement fir maintenance of Tigerair’s A320ceo aircraft, commencing in early 2016.

  • 05 November 2015
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    thumb-Biosensors-Logo

    Citic Group Offers $1.1 Billion For Remaining Stake In Biosensors International

    Biosensors International Group has announced that a private-equity arm of CITIC Group Corporation has agreed to purchase the rest of the group for $1.1 billion.

  • 04 November 2015
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    yangzijianginsert

    Yangzijiang Shipbuilding 9M15 Net Profit Down 15% Amidst Contract Wins

    Yangzijiang Shipbuilding has announced a 9M15 net profit of Rmb2.4 billion, a drop of 15 percent from Rmb2.8 billion in the previous year, despite receiving higher revenue.

  • 04 November 2015
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    Oil rig

    PACC Offshore Services 9M15 Net Profit Slumps 70%

    PACC Offshore Services has announced 9M15 net profit of US$18.7 million, a slump of 70 percent from US$63.2 million last year, despite receiving higher revenue in the period under review.

  • 04 November 2015
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    singpost_logo

    SingPost 1H16 Net Profits Soars 26.9%

    Singapore Post (SingPost) announced a 26.9 percent increase in 1H16 net profit to $100 million, from the net profit of $78.8 in 1H15 mainly attributed to an increase in revenue received.

  • 03 November 2015
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    _far-east-hospitality-trust-logo

    Far East Hospitality Trust 3Q15 DPSS Down 9%

    Far East Hospitality Trust reported a 3Q15 Distribution Per Stapled Security (DPSS) of 1.2 cents, down 9.1 percent from the 1.32 cents last year, due to a 10.3 percent drop in income available for distribution with lower revenue being the main reason for the drop.

  • 03 November 2015
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    SIA Eng

    SIA Engineering 1H16 Net Profit Falls 10.6%

    SIA Engineering has reported a 1H16 net profit of $85.8 million, a fall of 10.6 percent from the net profit of $97.5 million in the same period last year, amidst a loss in revenue received.

  • 03 November 2015
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    arrow red

    Polaris Expects Net Loss For FY15

    Polaris has announced that the group is expected to record a net loss for the financial year ending 31 December 2015 (FY15), on the back of loses from its 44.88 percent owned Indonesian associated company, PT Trikomsel Oke Tbk (Trikomsel).

  • 02 November 2015
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    oxley-holdings

    Oxley Holdings Achieve 50% Sales Of Cambodia Development

    Oxley Holdings has announced that its second development project in Phnom Penh, Cambodia, Thea Peak, has achieved sales of more than 50 percent of phase 1 of the development, compromising 507 residential units in Tower 1.

  • 02 November 2015
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    Ascott

    The Ascott Secures 4 New Contracts In Top Tier China Cities

    CapitaLand’s whole owned serviced residence business unit, The Ascott (Ascott), has inked four new management contracts for 583 serviced residence units in China.

  • 02 November 2015
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    singtel-new-logo

    Singtel’s Optus Wins Australian Rights For Barclays Premier League

    Singapore Telecommunications’ (Singtel) wholly-owned subsidiary, Optus, has announced it has won the bid for the exclusive Australian rights to the Barclays Premier League for three seasons, commencing in August 2016.

  • 02 November 2015
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    handshake

    Union Steel Holdings To Acquire Two Parcels Of Land And Shredder Plant

    Union Steel Holdings’ wholly-owned subsidiary, Union CHH has entered into two separate sale and purchase agreements with Chye Hup Heng (CHH) in respect of acquiring two parcels of land and all buildings situated thereon in Johor Bahru, as well as an asset sale agreement for acquiring a scrap metal shredder plant located on one of the parcels of land.

  • 30 October 2015
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    Sembcorp

    Sembcorp Industries 9M15 Net Profit Down 20.2%

    Sembcorp Industries reported a 9M15 net profit of $600.1 million, a drop of 20.2% from the net profit of $751.6 million in 9M14, mainly attributed to a drop in revenue.

  • 30 October 2015
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    Contract

    Soilbuild Construction Group Wins $16.4 Million Industrial Development Contract

    Soilbuild Construction Group has announced that it has been awarded with a $16.4 million contract by KH Roberts, to construct a single-user food industrial development at Buroh Lane.

  • 30 October 2015
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    koh_brothers_logo

    Koh Brothers JV With Samsung C&T Secures $1.12 Billion Contract

    Koh Brothers Group announced that it has secured a $1.12 billion project from Changi Airport Group (CAG) , through an intergrated joint venture (JV) with Samsung C&T Corporation, for development works to effect three-runway operations at Changi Airport.

  • 29 October 2015
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    handshake

    Sim Lian Acquires Property In Victoria, Australia Worth AUD 30.2 Million

    Sim Lian Group has announced the proposed acquisition of Lara Village Shopping Centre, a freehold investment grade neighborhood shopping centre located in Victor, Australia, for a consideration of AUD 30.2 million.

  • 29 October 2015
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    KeppelDCREIT

    Keppel DC REIT Acquires German Property For EUR 84 Million

    Keppel DC REIT through its indirect wholly-owned subsidiary, KDCR Netherlands 3 B.V., has entered into a purchase agreement to acquire a 100 percent interest in a property located at Germany for a consideration of EUR 84 million (approximately $130 million).

  • 29 October 2015
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    Wilmar

    Wilmar International Establishes Vietnam Joint Venture Specialising In Condiments

    Wilmar International and Saigon Union of Trading Cooperatives (Saigon co-op) have announced the execution of a joint venture contract to establish Nam Duong International Foodstuff Corporation, a limited liability company to be incorporated in Vietnam specialising in the manufacture of sauces and condiments for both domestic and export markets.

  • 28 October 2015
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    capita

    CapitaLand Commercial Trust 3Q15 DPU rises 2.4%

    CapitaLand Commercial Trust has announced a 3Q15 Distribution Per Unit (DPU) to 2.14 cents, a 2.4 percent increase from last year attributed from higher distributable income to unitholders.

  • 28 October 2015
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    singpost_logo

    SingPost To Redevelop SingPost Centre For $150 million

    Singapore Post (SingPost) has announced the commencement of construction works for the redevelopment of the retail mall at Singapore Post Centre, and concurrently upgrade amenities and the facade for the adjourning office building.

  • 28 October 2015
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    Olam-logo

    Olam International Secures Loan Facility of US$1 Billion

    Olam International has announced securing a revolving credit and term loan facility aggregating US$1 billion.

  • 28 October 2015
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    SMRT

    SMRT Corporation 1H16 Net Profits Dip 3.7%

    SMRT Corporation has announced a 1H15 net profit of $45.9 million, a dip of 3.7 percent from the net profit of $47.6 million last year, despite recording higher revenue.

  • 28 October 2015
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    GKE Corp

    GKE Corporation Acquires 70% Of Marquis Services For $2.9 Million

    GKE Corporation has executed a definitive Sale and Purchase Agreement for the acquisition of a 70 percent stake in Marquis Services, for a consideration of $2.9 million.

  • 27 October 2015
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    _pteris-global-logo

    Pteris Global Wins Three Contracts Worth $64.2 million

    Pteris Global has announced that it has secured contracts worth an aggregate of approximately $64.2 million from customers in the PRC and USA.

  • 27 October 2015
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    frasers_logo

    Frasers Centrepoint Launches Second Services Residence In Thailand

    Fraser Centrepoint’s hospitality arm, Frasers Hospitality, will be introducing is serviced residence brand Modena by Fraser to Thailand with the opening of Modena by Fraser Bangkok in 2016.

  • 27 October 2015
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    ARA

    ARA Asset Management Establishes Third Privately-Held REIT In South Korea

    ARA Asset Management has announced that ARA Korea, a subsidiary of the group and a licensed REIT manager in South Korea, has successfully launched a new privately-held REIT.

  • 27 October 2015
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    capita

    CapitaLand Develops Eighth Residential Development In Vietnam

    CapitaLand has announced that CapitaLand Vietnam has entered into a joint venture with Saigon Commercial & Tourism Corporation, a subsidiary company of Thanh Nien Corporation to develop a prime site in District 2 at Ho Chi Minh City, for an estimated project value of US$55 million (approximately $78 million).

  • 27 October 2015
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    fsl_trust

    FSL Trust In MOU To Purchase New Tanker For $21.8 Million

    First Ship Lease Trust (FSL Trust) announced entering into a memorandum of agreement (MOU) to purchase a 2007, Japanese-built, 45,998-dwt MR product tanker for US$21.8 million, delivering on its stated strategy to improve revenues by 2016.

  • 26 October 2015
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    RAffles Med

    Raffles Medical Group 9M15 Net Profits Inches 2.1%

    Raffles Medical Group announced a 9M15 net profit of $46.5 million, a slight improvement of 2.1 percent from the net profit of $45.8 million last year, attributed to an increase in revenue received.

  • 26 October 2015
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    yuuzoo

    YuuZoo Corporation Co-Organises E-Sports Competition In China

    YuuZoo announced that is China joint venture, YuuGames, has secured the rights to co-organise the China Internet Gaming (CIQ) 2015 e-sports competition with www.9eplay.com and the Ministry of Industry and Internet Technology, the department responsible for the administration of China’s industrial branches and information industry.

  • 26 October 2015
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    Keppel

    Keppel Corporation 9M15 Net Profits Dip 3.4%

    Keppel Corporation has announced a 9M15 net profit of $1.12 billion, a dip of 3.4 percent from the net profit of $1.16 billion last year, on the back of a drop in revenue.

  • 23 October 2015
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    sembcorp marine

    Sembcorp Marine 9M15 Net Profits Slumps 36%

    Sembcorp Marine has announced a 9M15 net profit of $247.2 million, a slump of 36 percent from the net profit of $386.1 million last year, brought about by a decline in revenue received.

  • 23 October 2015
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    Fountain-of-Wealth-Suntec-City-Singapore

    Suntec City Completes $410 Million Remake

    Suntec REIT’s manager, ARA Trust Management (Suntec) Limited, has announced the official reopening of Suntec City following a $410 million enhancement.

  • 23 October 2015
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    AREIT

    A-REIT 2Q16 DPU Increases 13.7%

    Ascendas Real Estate Investment Trust (A-REIT) has announced a 2Q15 Distribution per Unit (DPU) of 4.16 cents per unit, an increase of 13.7 percent from the 3.660 cents in 2Q14.

  • 23 October 2015
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    capita

    Ascott Strengthens Market Leadership With Debut In Cambodia

    CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited, has extended its global footprint to the fast-developing market of Cambodia by securing a contract to manage its first serviced residence in the country.

  • 23 October 2015
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    thumb-tee-land

    TEE Land Acquires Commercial Units and Carpark Lots In Sydney

    TEE Land announced that its wholly-owned subsidiary, TEE Hospitality, has entered into a joint venture with Peter & Jan Clark (Clark) and Kenmooreland to establish a joint venture company, TCK Commercial, with an initial paid-up capital of AUD100 to acquire commercial units and car park lots in Sydney, Australia.

  • 22 October 2015
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    Stratech

    Stratech Wins iFerret Upgrade Contract At Changi Airport’s Runways

    The Stratech Group has announce that it has secured another contract up upgrade its iFerret intelligent Airfield/Runway Surveillance and Foreign Object & Debris (FOD) Detection System at Singapore Changi Airport, following an earlier contract in April this year for the first phas of the iFerret upgrade previously announced.

  • 22 October 2015
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    capitamall trust

    CapitaLand Mall Trust 3Q15 DPU up 9.6%

    CapitaLand Mall Trust has announced a 3Q15 distribution per unit (DPU) of 2.98 cents, an improvement of 9.6 percent from 2.72 cents last year despite experiencing a dip in gross revenue.

  • 22 October 2015
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    Water Treatment

    Citic Envirotech Group Awarded Rmb400 Million Worth Of Contracts

    Citic Envirotech has been awared a Rmb400 million (approximately $88 million) engineering, procurement, construction contract to construct a 80,000 m3/day wastewater treatment plant in Tianshui City, Gansu Province, China.

  • 21 October 2015
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    boustead_proj_logo

    Boustead Projects Awarded $59 Million In Design-And-Build Contracts

    Boustead Projects announced that it has been awarded two contracts in Singapore, with a total value of $59 million.

  • 21 October 2015
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    UOB

    UOB Sells Brunei Retail Banking Business

    United Overseas Bank (UOB) has announced that its Brunei brunch (UOB Brunei) has sold its retail banking business to Baiduri Bank Berhad for BND65.044 million (equivalent to $65.044 million).

  • 21 October 2015
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    EMAS

    EMAS Offshore FY15 Net Profit Soars 626% Amidst Contract Wins

    EMAS Offshore has announced a FY15 net profit of US$199.5 million, a massive improvement of 626 percent from the net profit of US$27.5 million, despite experiencing a dip in revenue.

  • 20 October 2015
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    Tigerair

    Tigerair and Scoot To Jointly Operate Guangzhou Services

    Tigerair has announced the expansion of cooperation with Scoot when Scoot launches daily services to Guangzhou, China, on 16 January 2016.

  • 20 October 2015
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    oxley-holdings

    Oxley Holdings 1Q16 Net Profits Leaps 246%

    Oxley Holdings has announced a 1Q16 net profit of $35.1 million, an improvement of 245.6 percent from the net profit of $10.1 million last year, contributed by a surge in revenue.

  • 20 October 2015
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    handshake

    United Engineers Disposes PT United Engineers Indonesia For IDR70 Billion

    United Engineers has announced that the group and its wholly-owned subsidiary, UE Support Services, have disposed their stakes of 98 percent and 1.2 percent respectively in PT United Engineers Indonesia (PTUEI) for a consideration of IDR70 billion (approximately $7. 2 million).

  • 19 October 2015
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    Technic O&G

    Technics Oil And Gas Looks For Indonesia Opportunities

    Technics Oil and Gas has announced that its wholly owned subsidiary PT Technics (TOJ) Offshore Jaya has entered into a Joint Operation Agreement with PT Elnusa Fabrikasi Konstruksi (Elnusa) to enhance Indonesia’s production capabilities and to address the country’s increasing appetite in oil and gas sector.

  • 19 October 2015
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    Olam-logo

    Olam International Completes Acquisition Of ADM’s Cocoa Business

    Olam International has announced that the acquisition of ADM’s worldwide cocas business, previously announced on 16 December 2014, was successfully completed at an enterprise value on a cash free and debt free basis of US$1,204 million.

  • 19 October 2015
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    ST eng

    ST Engineering Electronics Arm Wins Contracts Worth About $370 Million In 3Q15

    Singapore Technologies Engineering has announced that its electronics arm, Singapore Technologies Electronics, has secured about $370 million worth of contracts in 3Q15.

  • 16 October 2015
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    perennial

    Perennial Real Estate Holdings Enters Anchor Lease With IHH Healthcare

    Perennial Real Estate Holdings through its subsidiary, Chengdu Ruifeng Real Estate Development has entered into an anchor lease agreement with IHH Healthcare, through its indirect subsidiary, M&P Investments, and its local Chinese partner, Shanghai Broad Ocean Investments.

  • 16 October 2015
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    GLP features

    GLP Leases 14,000 SQM In Greater Tokyo

    Global Logistics Properties (GLP) has signed five new lease agreements totaling 143,000 square meters (sqm) in Greater Tokyo. Four of the leases are new customer relationships for the group.

  • 16 October 2015
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    handshake

    TTJ Wins $31 Million In Steelworks Projects

    TTJ Holdings announced that it has secured structural steelworks contracts for a series of projects in Singapore totaling $31 million.

  • 16 October 2015
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    capitamall trust

    CapitaLand Mall Trust Sells Rivervale Mall

    The manager of CapitaLand Mall Trust, has announced the group’s sale of Rivervale Mall to a private equity fund managed by AEW Asia for a consideration of $190.5 million.

  • 16 October 2015
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    singpost_logo

    SingPost Acquires TradeGlobal Holdings For US$168 Million

    Singapore Post Limited (SingPost) has announced the acquisition of TradeGlobal Holdings through its wholly-owned subsidiary, Singapore Post Enterprise, for a consideration of US$168.6 million.

  • 15 October 2015
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    grp logo

    GRP Acquires 82% In Starland Holdings

    GRP has announced that its indirect wholly-owned subsidiary, GRP Chongqing Land, has acquired 82.91 percent of the issued and paid-up ordinary shares in the share capital of Starland Holdings with a consideration of $28.3 million.

  • 15 October 2015
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    gke_logo

    GKE Corporation Narrows Net Loss Significantly For 1Q16

    GKE Corporation has announced a 1Q16 net loss of $109,000, an improvement of 74.9 percent from the net loss of $434,000 in 1Q15, despite a experiencing a dip in revenue.

  • 15 October 2015
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    Lian Beng

    Lian Beng Group 1Q16 Net Profit Soars 169.5%

    Lian Beng Group has announced a 1Q16 net profit of $32.3 million, an improvement of 169.5 percent from 1Q15 net profit of $12 million, despite a fall in revenue.

  • 14 October 2015
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    SIA

    SIA Re-Start Non-Stop Singapore-US Flights

    Singapore Airlines has signed an agreement to be the launch customer for a new ultra-long-range variant of the Airbus 350 aircraft, enabling the resumption of non-stop flights between Singapore and the United States in 2018.

  • 14 October 2015
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    GLP features

    GLP Pre-Leases Two Properties In Greater Tokyo

    GLP announced the leasing of 114,000 square meters in Greater Tokyo, With these new leases, two development properties in Japan – GLP Atsugi II and GLP Sayama-Hidaka I – are 100 percent leased ahead of their completion

  • 14 October 2015
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    SPH

    SPH FY15 Net Profit Slips 20.4%

    Singapore Press Holdings (SPH) has announced a FY15 net profit of $321.7 million, a slip of 20.4% from the FY14 net profit of $404.3 million, on the back a dip in revenue.

  • 14 October 2015
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    capita

    CapitaLand Potential Acquisition Of Asia Square Tower 1

    CapitaLand has announced that, together with other parties, it is currently in negotiations with the vendor of Asia Square Tower 1 for a potential transaction involving Asia Square Tower 1.

  • 14 October 2015
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    cogent-holdings

    Cogent Holdings Potential Appointment As Jurong Island Facility Developer

    Cogent Holdings has announced that the group has signed and accepted the letter of intent (LOI) issued by the Singapore Economic Development Board (EDB) in respect of the group’s potential appointment as developer of the Jurong Island Chemical Logistics Facility.

  • 13 October 2015
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    ST eng

    ST Engineering’s Aerospace Arm Secures Contracts Worth $410 Million In 3Q15

    Singapore Technologies Engineering has announced that’s its aerospace arm, ST Aerospace, has secured new contracts worth $410 million in 3Q15, for projects ranging from airframe and component maintenance, to engine was and pilot training.

  • 13 October 2015
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    _asiatic-group-hldgs-logo

    Asiatic Group Officially Opens Biomass Power Plant

    Asiatic Group has announced that the associate company of its indirect subsidiary, Maju Intan Biomass Energy, has officially held the grand opening of the Maju Inton Biomass Power Plant.

  • 13 October 2015
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    Contract

    Ley Choon Group Secures $2.5 Million Watermains Contract

    Ley Choon Group has announced that its subsidiary, Chin Kuan Engineering and Contractors has been awarded a tender for a contract worth approximately $2.5 million by the Public Utilities Board.

  • 13 October 2015
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    eu_yan_sang

    Eu Yan Sang FY15 Net Profit Slumps 69.6%

    Eu Yan Sang has announced a net profit of $4.6 million for FY15, a slump of 69.6% from the FY14 net profit of $15 million on the back of a lower revenue and higher expenses.

  • 12 October 2015
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    Business Graph

    TEE International 1Q15 Net Profit Surges 77.9%

    TEE International has announced 1Q15 net profit of $2.5 million, a surge of 77.9 percent from the 1Q14 net profit of $1.4 million mainly due to boosted revenue.

  • 12 October 2015
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    singpost_logo

    SingPost Acquires 71.1% ownership in Jagged Peak

    Singapore Post’s wholly-owned subsidiary, Singapore Post Enterprise, has incorporated a wholly-owned subsidiary known as SP Jagged Peak LLC (SP JP) on 8 October 2015, with a capital of US$1,000 divided into 1,000 ordinary shares.

  • 12 October 2015
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    Contract

    OKP Holdings Awarded $12.7 Million JTC Contract

    OKP Holdings’ wholly-owned subsidiary, Eng Lam Contractors Co, has been awarded a contract worth $12.7 million by JTC for the extension of road, drain and sewer works at Woodlands Avenue 4.

  • 12 October 2015
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    China Everbright

    China Everbright Water Increase Water Tariffs By 12.3%

    China Everbright Water Limited has announced that its Jinan Licheng Reusable Water Project has confirmed a tariff raise of over 12.3 percent with retrospective effect from 1 July 2015.

  • 09 October 2015
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    Super-Group-Ltd

    Super Group Increases Investment In Joint Venture Company

    Super Group has announced that its wholly-owned subsidiary, Super Coffee Corporation has increased its investment in its joint venture company, San Miguel Super Coffeemix Co. (San Miguel Super) by injecting PHP15.4 million and subscribing for approximately 1.5 million ordinary shares of PHP10 each in the share capital of San Miguel. Subsequent to the additional investment, [...]

  • 09 October 2015
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    handshake

    Casa Holdings Establish Joint Venture With VMD

    Casa Holdings has announced that its wholly-owned subsidiary, Casa Property Holdings has established a joint venture company. VMD Development, together with VMD.

  • 09 October 2015
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    cdl_logo

    CDL Hospitality Trusts Officially Opens Claymore Connect In Orchard Road

    CDL Hospitality Trust announced the official opening of Claymore Connect (formerly known as Orchard Hotel Shopping Arcade) following a comprehensive asset enhancement exercise which started in 2013.

  • 08 October 2015
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    singpost_logo

    SingPost Completes Trial Drone Mail Delivery

    Singapore Post (SingPost) has announced a joint development with the Infocomm Development Authority of Singapore (IDA) for an Unmanned Aerial Vehicle (UAV, also known as a drone).

  • 08 October 2015
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    healthcare

    Singapore Medical Group Enters MOU For Cardiac Monitoring Joint Venture

    Singapore Medical Group has announced entering into a non-binding memorandum of understanding (MOU) with Cardioscan in relation to a proposed joint venture to engage in the provision of cardiac monitoring and reporting services in Singapore, Malaysia and Indonesia.

  • 08 October 2015
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    capita

    CapitaLand Secures Five New Contracts In New Destinations

    CapitaLand Limited’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has made its first foray into the popular destinations of Cebu, the Philippines and Pattaya, Thailand by securing five new contracts to manage 875 apartment units.

  • 08 October 2015
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    handshake

    Fuji Offset Plates Manufacturing Enters Joint Venture Investment With AME Properties

    Fuji Offset Plates Manufacturing’s wholly-owned subsidiary, Fujiplates Manufacturing, has entered a shareholders agreement with AME Properties (AME) to subscribe 200,000 ordinary shares worth RM200,000 in AME’s wholly-owned subsidiary IPark Development, ultimately owning 20 percent equity interest.

  • 07 October 2015
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    _hong-leong-asia-logo

    Hong Leong Asia Disposes Xiamen Plant and Consolidates Assembly Operations

    Hong Leong Asia’s New York listed subsidiary, China Yuchai International, has announced the disposal of 100 percent shareholding interest in Xiamen Yuchai Diesel Engines Co. by its main subsidiary, Guangxi Yuchai Machinery Company (GYMCL).

  • 07 October 2015
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    pharmaceutical

    Pan Hong Holdings Group’s China Pharmaceutical Industry Foray

    Pan Hong Holdings Group announced that Sino Harbour Bio Technology (SH BioTech HK), a wholly and indirectly owned subsidiary of Sino Harbour Holdings Group which is 75 percent owned by the group, has entered into a strategic cooperation framework agreement with Zhejiang University of Technology Assets Operation (Uni Assets) and Irvine Pharmaceutical Services.

  • 07 October 2015
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    frasers_logo

    Frasers Centrepoint’s AUD520 Million Australian Development Gets Green Light

    Fraser Property’s wholly-owned subsidiary, Frasers Property Australia and joint venture Sekisui House Australia have been given the green light for DUO, an AUD520 million two-tower, mixed used project in the AUD2 billion Central Park development.

  • 06 October 2015
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    LMIRT Logo

    LMIR Trust Considers Exercising Put Option For Lippo Mall Kemang

    LMIR Trust has announced the consideration of exercising the put option for Lippo Mall Kemang, a shopping centre located in South Jakarta, following delays in issuance of the strata-title certificates.

  • 06 October 2015
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    handshake

    Miyoshi Invests In Light Electric Vehicle Joint Venture

    Miyoshi has chalked up further strides in its nascent light electric vehicle (LEV) business with the signing of the Memorandum of Understanding with China-based Core Power (Fujian) Electric Co., for an investment in a joint venture company, registered as Core Power (Fujian) New Energy Automobile.

  • 06 October 2015
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    handshake

    NauticAWT Acquires Marine Engineering Services For $850,000

    NauticAWT has announced the execution of a sale and purchase agreement with IMC Offshore Engineering to acquire the entire issued and paid-up capital of Marine Engineering Services (MESPL).

  • 05 October 2015
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    Ramba thumbnail

    Ramba Energy Receives US$179.6 Million Investment From Mandala Energy

    Ramba Energy has announced that Mandala Energy will farm in to a 35 percent participating interest in the Lemang Production Sharing Contract from Ramba’s subsidiary PT Hexindo Gemilang Jaya.

  • 05 October 2015
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    Q&M

    Q&M Dental Acquires Shenyang Lan Hai Tong Mao Medical Equipment

    Q&M Dental Group (Singapore)’s indirect subsidiary, Q&M Dental (Shenyang), has announced the acquisition of 60 percent stake in Shenyang Lan Hai Tong Mao Medical Equipment, a distribution company located in Shenyang City, Liaoning Province, China.

  • 05 October 2015
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    handshake

    Aspial Corporation Acquires World Class Global As Part Of Restructuring

    Aspiral Corporation has announced the acquisition of 27 million ordinary shares, representing 90 percent of the issued and paid-up share capital of World Class Global from its subsidiary, World Class Land, for a total consideration of approximately $14.4 million.

  • 02 October 2015
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    Contract

    Nordic Group Clinches New Contracts Worth $4.3 Million

    Nordic Group announced that its wholly-owned subsidiaries, Nordic Flow Control and Austin Energy, have been awarded six contracts with value totaling $4.3 million.

  • 02 October 2015
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    Construction site

    BBR Holdings Awarded Design And Build Contract Worth $116 Million

    BBR Holdings’ wholly-owned subsidiary, Singapore Piling & Civil Engineering, has been awarded the design and build contract for the construction of the Wisteria Mall and The Wisteria (apartments) located at Yishun Ave 4, worth $116 millon.

  • 02 October 2015
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    oil and gas

    IEV Holdings Expands Asia Distributorship With 5th Oxifree License

    IEV Holdings has announced that its wholly-owned subsidiary, IEV International, has obtained an exclusive 5-year master license for the Oxifree corrosion control technology (Oxifree) in India.

  • 01 October 2015
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    solar-cell-record

    SBI Offshore Awarded First Solar Power Contract

    SBI Offshore has announced that its 51 percent-owned subsidiary, Graess Energy, through collaboration between Gräss Solartechnik Schweiz SA (GSS) and China Machinery Engineering Corporation (CMEC), has been awarded a contract for the sale of solar power in Maldives.

  • 01 October 2015
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    yellowpages

    Global Yellow Pages Proposes NZ$500 Million Development In Pakuranga

    Global Yellow Pages has announced development plans for Pakuranga Plaza to boost the attractive Auckland suburb’s reach of becoming the destination centre envisaged in the Pakuranga Masterplan.

  • 01 October 2015
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    sinocloud

    SinoCloud Forms Data Centre Management Unit In China

    SinoCloud has announced the formation of SinoCloud Asset Management, a strategic formation to manage the group’s data centre business in the People’s Republic of China.

  • 30 September 2015
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    Business Graph

    Xpress Holdings Recovers From The Red With FY15 Net Profit Of $311,000

    Xpress Holdings announced FY15 net profit of $311,000, a massive improvement from the net loss of $145.6 million last year, despite seeing a reduction in revenue.

  • 30 September 2015
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    Tick-Loss

    Lifebrandz FY15 Net Loss Worsens 33%

    Lifebrandz announced a net loss of $7.6 million for FY15, an increase of 32.8 from the net loss of $5.7 million last year despite recording higher revenue.

  • 30 September 2015
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    Croesus Retail Trust Acquires Japanese Suburban Mall For $95.2 Million

    Croesus Retail Trust announced the acquisition of Torius Property in Fukuoka Prefecture, Japan, for $95.2 million, marking the group’s fourth acquisition since its IPO in May 2013.

  • 29 September 2015
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    Contract

    Ryobi Kiso Holdings Awarded With $32.4 Million Worth Of New Contracts

    Ryobi Kiso Holdings has announced that additional contracts worth $32.4 million has been secured, bringing the total new contracts secured since January 2015 to $88.3 million.

  • 29 September 2015
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    Huationg1

    Huationg Global Secures New Contracts Worth $81.3 Million

    Huationg Global’s wholly-owned subsidiary, Huationg Contractor, has secured new civil engineering contracts from third parties worth a total of approximately $81.3 million.

  • 29 September 2015
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    frasers_logo

    Frasers Centrepoint Hospitality Arm Goes Global With Europe Launches

    Fraser Centrepoint’s hospitality arm, Frasers Hospitality, has announced the opening of Capri by Fraser, Berlin in 2017 following the recent opening of Capri by Fraser in Barcelona and Frankfurt.

  • 28 September 2015
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    Business Graph

    Sunright Reports FY15 Net Profit Of $3.1 Million

    Sunright has reported a FY15 net profit of $3.1 million, a massive improvement from the net profit of $135,000, despite revenue staying unchanged at approximately $137 million.

  • 28 September 2015
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    handshake

    CMC Infocomm Awarded $4 Million Worth Of Contracts

    CMC Infocomm has been awarded two contracts worth approximately $4.0 million by Singapore telecommunications companies.

  • 28 September 2015
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    handshake

    Civmec Joint Venture Awarded Major Contract

    Civmec, in a joint venture with Sedgmen has been awarded a contract by BHP Billiton Iron Ore for civil, structural, mechanical. Piping, electrical and commissioning works at the Jimblebar mine in the Pilbara region of Western Australia.

  • 25 September 2015
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    profitdrop

    TTJ Holdings Report 29% Slump In FY15 Net Profit

    TTJ Holdings has announced a 28.7 percent slump in FY15 net profit to $15.5 million, from $21.8 million last year on the back of an equivalent slump in revenue.

  • 25 September 2015
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    Construction site

    Sysma Holdings Recovers From The Red With $2.6 Million FY15 Net Profit

    Sysmas Holdings has announced a FY15 net profit of $2.6 million, pulling the group out of the red from the net loss of $11.8 million last year.

  • 25 September 2015
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    hongfok_logo

    Hong Fok Corporation Disposes Shares Of Winfoong International

    Hong Fok Corporation has entered into an agreement for the disposal of 38.8 percent shares of Winfoong International, to HK Guoxin Investment Group at a transfer price of HK$0.3618 per share, with a total consideration of approximately HK$370.5 million

  • 23 September 2015
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    Business Graph

    Vicplas Recovers From The Red With $5.7 Million FY15 Net Profit

    Vicplas International announced FY15 net profit of $5.7 million, a massive improvement from the net loss of $4.1 million last year, on the back of a 17.1 increase in revenue.

  • 23 September 2015
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    Joint Venture

    Innopac Holdings Establish Joint Venture To Cultivate Microalgae And Downstream Activities

    Innopac Holdings has announced the signing of a joint venture agreement with Primeforth Renewable Energy to commercially cultivate microalgae and engage in its downstream activities

  • 23 September 2015
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    thumb-handshake

    Lizhong Wheel Group Receives Offer For Entire Shareholding From Berkley International

    Lizhong Wheel Group has received a voluntary conditional cash offer from Berkley International’s for its entire shareholding.

  • 22 September 2015
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    oil-106913_1280

    NauticAWT Undertakes Decommissioning And Abandonment Projects With Enra Group

    NauticAWT’s (AWT) indirect subsidiary, AWT International (Asia), has entered into a binding heads of agreement with Enra Group, in connection with a collaboration to undertake well, platform and field abandonment and decommissioning projects in Malaysia.

  • 22 September 2015
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    Tigerair

    Tigerair And Cebu Pacific Strategic Alliance Gets CCS Approval

    Tiger Airways Holdings (Tigerair) has announced the strategic alliance agreement between Tigerair and Cebu Pacific has been approved by the Competition Commission of Singapore (CCS).

  • 22 September 2015
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    handshake

    Debao Property Development Acquires Sihui Project Business Development And Disposes Foshan Degangjian Invesment

    Debao Property Development’s wholly owned subsidiary, Foshan Nanhai Debao Property Development, has announced the acquisition of 45 percent shareholdings in Sihui Debao Jiangnan Mingju Property (Sihui Debao), and the disposal of 50 percent shareholdings in Foshan Degangjian Investment through another wholly-owned subsidiary, Foshan Sanshui Nengrun Property Development.

  • 21 September 2015
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    frasers_logo

    Frasers Centrepoint Divests 19.9% Interest In Australian Industrial Assets

    Frasers Centrepoint Limited’s wholly-subsidiary, Frasers property Australia and GIC, Singapore’s sovereign wealth fund, announced the divestment of their jointly owned Australian industrial assets with Ascendas REIT (A-REIT).

  • 21 September 2015
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    oil and gas

    SHS Holdings Disposes Entirety Of Subsidiaries For $100.3 Million

    SHS Holdings has announced the disposal of its entire shareholding interest of TAT Petroleum and Axxmo International, each a wholly-owned subsidiary of the group, as well as its 1 percent ownership of PT TAT Petroleum Indonesia, for a total of $100.3 million.

  • 21 September 2015
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    Sembcorp

    Sembcorp Industries Divests SembSita Pacific For AUD485 Million

    Sembcorp Industries’ wholly-owned subsidiary, Sembcorp Environment, has announced the divestment of its 40 percent stake in SembSita Pacific to 60 percent joint venture partner, Suez Environment Asia, for a consideration of AUD485 million

  • 21 September 2015
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    handshake

    TTJ Holdings Secure $16 Million Contract In Singapore And Malaysia

    TTJ Holdings has announced that it has secured two contracts totaling $16 million in Singapore and Malaysia, raising the group’s order book to $122 million as at 17 September 2015.

  • 18 September 2015
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    silverlake

    Silverlake Axis Acquires SunGard Ambit For US$12 Million

    Silverlake Axis has announced the acquisition of the entire share capital of SunGard Ambit (Singapore) (SAS) for a consideration of US$12 million.

  • 18 September 2015
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    contract

    Ascendas REIT To Acquire Australian Logistic Portfolio Worth AUD1 Billion

    Ascendas REIT (A-REIT) has identified for acquisition a portfolio of 26 logistics properties located in Australia, which will cost a total of AUD1,013 million.

  • 18 September 2015
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    handshake

    GKE Corporation Disposes Ever Flourish Development For Rmb15 Million

    GKE Corporation announced the sale of the group’s entire shareholdings in Ever Flourish Development for a consideration of Rmb15 million.

  • 17 September 2015
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    Sembcorp

    Sembcorp Industries Breaks Ground Of Seventh Vietnam Singapore Industrial Park

    Sembcorp Industries’ wholly-owned subsidiary, Sembcorp Development, hel the groundbreaking of its seventh Vietnam Singapore Industrial Park (VSIP) located in Nghe An province’s Hung Nguyen district.

  • 17 September 2015
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    frasers_logo

    Frasers Centrepoint Secures Over AUD275 Million Worth Of New Projects

    Frasers Centrepoint’s wholly-owned subsidiary, Frasers Property Australia (formerly known as Australand), has secured over AUD275 million worth of new development projects over the past 12 months.

  • 17 September 2015
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    Technic O&G

    Technics Oil & Gas Inks $70.5 Million Liftboat Contract

    Technics Oil & Gas has announced that the group’s subsidiary, Technics Offshore Engineering, has been awarded a $70.5 million contract for the construction of a Liftboat.

  • 16 September 2015
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    capita

    CapitaLand Expands Presence In Vietnam With $200 Million Residential Development

    CapitaLand, through its wholly-owned subsidiary, CapitaLand (Vietnam) Holdings has entered into a joint venture with Thien Duc Trading-Contruction Company to develop a prime site in District 2, Ho Chi Minh City, into an upscale residential development with approximately 1,000 homes.

  • 16 September 2015
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    hyflux

    Hyflux Secures $750 Million Waste-To-Energy Project

    Hyflux, together with its consortium partner Mitsubishi Heavy Industris (MHI), has secured a $750 million contract to develop a waste-to-energy (WTE) plant in Tuas.

  • 16 September 2015
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    ARA

    ARA Asset Management Raises US$325 Million For Private Real Estate Funds Platform

    ARA Asset Management has announced that the group has successfully raised US$325 million in capital commitments for its private real estate funds division via a new separate platform.

  • 15 September 2015
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    closed

    Macquarie Int’l Infrastructure Fund Closes Sale Of 90% Stake In Hua Nan Expressway

    Macquarie International Infrastructure Fund announced that it has reached financial close on the sale of its 90 percent stake in Hua Nan Expressway, to Topwise Consultants for a consideration of $110 million.

  • 15 September 2015
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    red_arrow_down_crash_1600_clr_2751

    China Flexible Packaging Holdings Sinks Deeper Into The Red For 9M15

    China Flexible Packaging Holdings’ 9M15 net loss spiked 909 percent to Rmb144.2 million, on the back of a 40.3 percent plunge in revenue to Rmb458.2 million.

  • 15 September 2015
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    oil and gas

    NauticAWT Sinks Into The Red For 1H15

    NauticAWT announced a 1H15 net loss of US$1.8 million despite a 56.7 percent increase in revenue, a massive plunge from the net profit of US$1.7 million last year.

  • 14 September 2015
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    red arrow

    XMH Holdings 1Q16 Net Profit Plunges 47%

    XMH Holdings has announced a 1Q16 net profit of $743,000, a plunge of 46.9 percent from the net profit of $1.4 million in 1Q15.

  • 14 September 2015
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    Sembcorp

    Sembcorp Industries’ First Power Plant In India Commences Full Operation

    Sembcorp Industries has announced that its power project in India, Thermal Powertech Corporation India (TPCIL), has successfully commenced full commercial operation with the completion of the second 660-megawatt unit.

  • 14 September 2015
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    cambridge_city_hotel

    CDL Hospitality REIT Acquires Cambridge City Hotel

    CDL Hospitality REIT, through M&C REIT Management has entered into a share purchase agreement for the indirect acquisition of Cambridge City Hotel with a consideration of £62.5 million (approximately S$135.3 million).

  • 10 September 2015
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    AREIT

    Ascendas REIT Completes Divestment Of BBR Building

    Ascendas REIT (A-REIT)has announced the completion of divestment of 50 Changi South Street 1, BBR Building, to BBR Holdings.

  • 10 September 2015
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    trading_halt

    International Healthway Corporation Halts Trading After SGX Cautionary Warning

    International Healthway has requested a trading halt on Thursday following SGX’s cautionary warning.

  • 10 September 2015
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    challenger_logo

    Challenger Technologies Sets Up New Investment Subsidiary

    Challenger Technologies has announced the set-up of a wholly-owned subsidiary, Challenge Ventures, to focus on investing in companies and businesses to complement the group’s existing business.

  • 09 September 2015
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    cable

    Hu An Cable Holdings Asked To Dispose 3 PRC Subisidiaries

    Hu An Cable Holdings has been asked by the PRC local government of Wuxi City, Guanlin Town to dispose of the assets and liabilities of the Group’s three PRC subsidiaries, namely Wuxi Hu An, Wuxi Shenhuan Electric and Shenhuan Cable Technology.

  • 09 September 2015
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    cortina_logo

    Cortina Holdings Positions Group For Further Growth In Malaysia

    Cortina Holdings has announced the increment of ownership in its subsidiary, Cortina Watch, to 90 percent by subscribing for approximately 38 million shares at RM1.99 each.

  • 09 September 2015
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    yuuzuu_logo

    YuuZoo In Distribution And Marketing Tie In With Sweden-based Mobile Game Firm

    YuuZoo Corporation has announced it has partnered with Sweden-based Circle of Champions (CoC) to distribute and market, in the markets where it has franchises and partners, CoC’s popular and high-revenue generating Android and iOS mobile games Powershot Challenge and Striker Challenge.

  • 08 September 2015
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    thumb-tee-land

    TEE Land Acquires Land In Greater Bangkok, Thailand For Housing Project

    TEE Land announced that its associate, Chewathai Plc, has entered into a sale and purchase agreement to acquire the freehold interest in a plot of land approximately 25,000 square metres, located at Rangsit Klong 1, Patumthani Province, Greater Bangkok, Thailand.

  • 08 September 2015
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    Raffles Medical Group

    Raffles Medical Group Opens New Medical Centre In Osaka, Japan

    Raffles Medical Group is opening a medical centre at Osaka, the second largest city in Japan which serves as a regional gateway city with increasing business and tourism linkages with Korea and China.

  • 08 September 2015
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    yuuzuu_logo

    YuuZoo Corporation Secures $30 Million Capital Commitment From GEM Global

    YuuZoo Corporation announced that it has secured access to a $30 million funding facility from New York based private alternative investment group, GEM Global Yield Fund.

  • 07 September 2015
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    Ramba thumbnail

    Ramba Energy Farms Out 25% Working Interest In Lemang Production Sharing Contract

    Ramba Energy announced entering into a memorandum of understanding with a strategic investor to farm-out 25% working interest in the Lemang production sharing contract from the group’s 80.4 percent-owned Indonesian subsidiary, OT Hexindo Gemilang Jaya.

  • 07 September 2015
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    Keppel REIT

    Keppel REIT Acquires 3 Remaining Prime Street Frontage Retail Units In Melbourne

    Keppel REIT Limited has announced that the group has contracted with Cerberos to acquire three remaining prime retail street-fronting units at 8 Exhibition Street in Melbourne for A$8.6 million (approximately $8.6 million).

  • 07 September 2015
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    Powermatic Data's investment property located at 7 9 Harrison Road

    Ascott Residence Trust Divests Six Rental Properties In Japan

    Ascott Residence, an indirect wholly-owned subsidiary of CapitaLand, has announced the divestment of the trust beneficiary interest of six properties under ARC-CapitaLand Three Tokutei Mokuteki Kaisha’s portfolio

  • 04 September 2015
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    choo-chiang-holdings-logo

    Choo Chiang Holdings 1H15 Net Profit Slumps 43%

    Choo Chiang Holdings announced a 1H15 net profit of $2.2 million, a slump of 43.3 percent from the net profit of $3.9 million last year.

  • 04 September 2015
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    Del Monte

    Del Monte Pacific 1Q16 Net Loss Narrows

    Del Monte Pacific announced 1Q16 net loss of US$12 million, an improvement of 45.1 percent from the net loss of US$21.9 million last year.

  • 04 September 2015
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    Contract Wins

    Uni-Asia To Reduce Ownership In Subsidiary

    Uni-Asia Holdings has announced a proposed a reduction of ownership of Fortuna Containership, a wholly-owned subsidiary, from 100 percent to 50 percent.

  • 03 September 2015
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    perennial

    Perennial Real Estate Holdings Buys 10% Stake In Perennial China Retail Trust Management

    Perennial Real Estate Holdings has announced the purchase of 13,000 ordinary shares to wholly-own Perennial China Retail Trust Management from Asdew Acquisitions.

  • 03 September 2015
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    Otto Marine

    Otto Marine Secures Charter Contract Worth US$25.2 Million

    Otto Marine’s wholly-owned subsidiary, Go Offshore, has entered into two long term charter contracts with a large oil and gas company, worth approximately US$25.2 million.

  • 03 September 2015
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    Oil rig

    Interra Resources’ Myanmar Drill Commence Operations

    Interra Resources announced that its joint venture entity, Goldpetrol Joint Operating Company, has commenced drilling development well YNG 3270 in the Yenangyaung oil field in Myanmar.

  • 02 September 2015
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    Singpost

    Singapore Post Completes Acquisition Of Local Subsidiary And Disposal Of DataPost

    Singapore Post’s (SingPost) wholly-owned subsidiary, General Storage Company, has completed the acquisition of the entirety of Store Friendly Self Storage Group, from Store Friendly Asia Holdings, as well as disposal of 90 percent interest in DataPost.

  • 02 September 2015
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    Acquisition

    Shaw Kwei Proposes Acquisition And Delist Of Chosen Holdings

    Southshore, a company owned by Shaw Kwer & Partners, announced the intention to make a voluntary conditional ash offer to acquire entirety of Chosen Holdings followed with the delisting of the group.

  • 02 September 2015
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    libra_logo

    Libra Group Secure Two Contracts Worth $14 million; Philips Project Terminated

    Libra Group announced its wholly-owned subsidiary, Kin Xin Engineering, two air-conditioning and mechanical ventilation works contracts total worth approximately $14.4 million, and the termination of the Philips Project contract.

  • 01 September 2015
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    ST eng

    Singapore Technologies Engineering Reorganises Aircraft Leasing Business

    Singapore Technologies Engineering’s wholly-owned subsidiary, ST Aerospace Resources, has announced the termination of a joint venture, WingStar Pte Ltd, with partner Wings Capital Partners Holdings.

  • 01 September 2015
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    sembcorp marine

    Sembcorp Marine Secures US$ 1 Billion UK North Sea Contract

    Sembcorp Marine’s subsidiary, SMOE pte ltd, has secured an engineering, procurement and construction contract worth over US$1 billion from Maersk Oil North Sea UK Limited.

  • 01 September 2015
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    Oil-Rig-1

    Keppel Corporation Acquires LETOURNEAU Rig Design And Rig Kit Business For US$100 Million

    Keppel Offshore & Marine’s wholly-owned subsidiary, Keppel Offshore & Marine USA, has acquired Cameron International Corporation’s offshore rigs business for US$100 million.

  • 31 August 2015
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    Raffles Medical Group

    Raffles Medical Acquires International SOS (MC Holdings) For US$24.5 Million

    Raffles Medical Group’s wholly-owned subsidiary, Raffles SurgiCentre, has acquired 55 percent of total issued shares of International SOS (MC Holdings) with a consideration of US$24.5 million.

  • 31 August 2015
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    China Everbright

    China Everbright Water Acquires Dalian Dongda Water For RMB800 Million

    China Everbright Water has announced the acquisition of the entire equity interest in Dalian Dongda Water Co with a consideration of RMB800 million.

  • 31 August 2015
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    magnus_logo

    Magnus Energy Still In The Red With FY15 Net Loss Of $2.7 Million

    Magnus Energy announced a FY15 net loss of $2.7 million, an improvement of 67.3% from the $8.1 million loss last year.

  • 28 August 2015
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    thumb-ezra-triyards

    Ezra Holdings Establish 50:50 Joint Venture With Chiyoda Corporation in Subsea Services

    Ezra Holdings has announced an agreement with Chiyoda Corporation for a proposed 50:50 joint venture company, NewCo, in the subsea services business.

  • 28 August 2015
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    olam_logo

    Olam International Receives $915 Million Investment From Mitsubishi Corporation

    Olam International announced the issue of approximately 332.7 million ordinary shares to Mitsubishi Corporation at a subscription price of $2.75 per new share, total worth of $915 million.

  • 28 August 2015
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    logo_hupsteel

    HupSteel Into The Red With FY15 Net Loss Of $8 Million

    Hupsteel Limited announced a FY15 net loss of $8 million, a massive plunge from the net profit of $3.6 million last year, due to write-down of inventories’ value, a goodwill written off and provision for doubtful debts.

  • 27 August 2015
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    Contract Wins

    Dyna-Mac Bags Singapore Contract Worth $12 Million

    Dyna-Mac has secured a $12 million contract from an established and reputable first time new customer, an MNC based in Singapore.

  • 27 August 2015
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    guocoland_logo

    Guocoland Suffers 26% Plunge In FY15 Net Profit

    Guocoland Limited reported a 25.6 percent drop in net profit to $226.4 million, from $304.2 million on the back of drops in revenue and other income.

  • 27 August 2015
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    grp logo

    GRP Suffers 70% Dive In FY15 Net Profit

    GRP reported FY15 net profit was down 69.5 percent from $2.8 million last year, to a mere $0.8 million due to lower revenue and higher expenses.

  • 26 August 2015
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    15897931272_2c0130aa8d_b

    Tiong Woon Reports 46% Fall In FY15 Net Profit

    Tiong Woon corporation reported a 45.8 percent drop in FY15 net profit from $22.1 million last year, to $12 million due to reduction in turnover.

  • 26 August 2015
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    creative

    Creative Technology FY15 Net Loss Worsens 53%

    Creative Technology reported FY15 net loss of US$33.4 million, 52.9 percent worse than the net loss of US$21.8 million last year, after revenue and other losses took a hit.

  • 26 August 2015
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    Kingsmen Creatives Showcases Designing Prowess To Ride On Asian Consumerism

    Kingsmen Creative Acquires Changi Leasehold Land For Headquarter Expansion

    Kingsmen Creatives has accepted an offer from JTC Corporation to acquire approximately 5,251 square metres of vacant leasehold land at Changi Business Park for approximately $7.1 million.

  • 25 August 2015
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    SilverlakeAxis_logo1-300x94

    Silverlake Axis FY15 Net Profit Up 14%

    Silverlake Axis announced a 13.6 percent rise in FY15 net profit, from RM500.7 million last year to RM516 million.

  • 25 August 2015
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    Midas Train

    Midas Holdings Secures Three Contracts Worth Rmb66.7 Million

    Midas Holdings’ subsidiary, Jilin Midas Aluminium Industries, has secured three supply contracts totaling Rmb66.7 million.

  • 25 August 2015
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    oxley-holdings

    Oxley Holdings FY15 Net Profit Slumps 79%

    Oxley Holdings announced a 78.7 percent dive in net profit from $286.7 million last year, to $60.9 million.

  • 24 August 2015
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    Sembcorp

    Sembcorp Industries Completes Divestment Of Zhumadian China Water

    Sembcorp Industries’s wholly-owned entity, China Water Company (Zhumadian) has completed the divestment of its entire 51 percent stake in Zhumadian China Water Co.

  • 24 August 2015
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    serial_logo

    Serial System Acquires 21% of Tong Chiang Group

    Serial System’s wholly-owned subsidiary, Serial System International, has entered into an agreement to acquire 21 percent of Tong Chiang Group with a consideration of $4.5 million.

  • 24 August 2015
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    Chiwayland

    Chiwayland International Acquires New Land In Suzhou For Residential Development

    Chiwayland International’s 60 percent subsidiary, Suzhou Chiway Shangcheng Real Estate, announced a successful bid for land use rights in Suzhou Industrial Park with a consideration of approximately Rmb363.6 million.

  • 24 August 2015
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    Letter

    OKH Global’s JV Signs 10-Year Property Lease With BMW Asia

    OKH Global announced that a wholly-owned subsidiary of its strategic joint venture company has entered into a lease agreement for a build-to-suit logistics property with BMW Asia Technology Centre.

  • 21 August 2015
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    Growth

    Chosen Holdings’ FY15 Net Profit Up 15%

    Chosen Holding announced a 14.7 percent boost in its FY15 net profit to $3.9 million from $3.4 million last year.

  • 21 August 2015
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    Handshake-World

    Hiap Seng Engineering’s Joint Venture Company Awarded US$57 Million Contract

    Hiap Seng Engineering’s joint venture company, PTTE Hiap Seng JV, has been awarded a contract of US$57 million for the works for the RAPID project in Malaysia.

  • 21 August 2015
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    Religare Health Trust

    Religare Health Trust Acquires New Land For Expansion In Punjab

    Religare Health Trust (RHT) announced that its subsidiary, International Hospital Limited, was successful in its bid for a freehold piece of land with a bid price equivalent to $15.7 million.

  • 20 August 2015
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    HengXin Technology

    Hengxin Technology Reports 1H15 Net Profit Of Rmb49.2 Million

    Hengxin Technology reported a 4.5 percent increase in net profit to Rmb49.2 million from Rmb47.1 million last year.

  • 20 August 2015
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    Tick-Loss

    Lion Asiapac Reports FY15 Net Loss Of $47.4 Million

    Lion Asiapac announced a FY15 net loss of $47.4 million, a massive plunge from the net profit of $1.8 million in FY14.

  • 20 August 2015
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    Urban development and infrastructure projects will generate demand for plastic pipes.

    Ley Choon Group Secures Two Contracts Worth $6 Million

    Ley Choon Group has announced that it has secured two watermains contracts worth a total of $6 million.

  • 19 August 2015
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    Offshore Drilling Platform and Sun

    SBI Offshore Disposes Its 35% Equity Interest In Jiangyin Neptune Marine

    SBI Offshore has entered into an agreement to disposal of its entire equity interest of 35 percent in Jiangyin Neptune Marine Appliance (NPT) for US$3.5 million.

  • 19 August 2015
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    Midas Train

    Midas Holdings Secures Three Contracts Worth Rmb94.6 Million

    Midas Holdings’ has secured three contracts worth Rmb94.6 million for the supply of aluminum alloy extrusion profiles for metro trains in China.

  • 19 August 2015
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    Japfa

    Japfa And Food Union To Develop US$200 Million Premium Milk Processing Plant

    Japfa and Food Union Group announced a US$200 million joint venture to build, own and operate premium milk processing plant in Shandong Province, China.

  • 18 August 2015
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    Wassana Oil

    KrisEnergy Commences Oil Production At Wassana Field

    KrisEnergy announced that oil production from the Wassana oil field in the G10/48 concession in the Gulf of Thailand commenced on 14 August 2015.

  • 18 August 2015
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    Contract Wins

    SATS And Singapore Post In Airmail Collaboration

    SATS and Singapore Post (SingPost) announced that they have signed a commercial agreement for SATS to provide airmail consignment handling services to SingPost.

  • 18 August 2015
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    Contract Wins

    CMC Infocomm Secures $2 Million Worth Of New Orders

    CMC Infocomm has secured $2 million worth of new orders from telecommunications companies in Singapore.

  • 17 August 2015
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    Tick-Loss

    Attilan Group Announces Net Loss Of $3.4 Million For 1H15

    Attilan Group announced a net loss of $3.4 million for 1H15, as revenue 64.4 percent following the disposal of subsidiaries in FY14.

  • 17 August 2015
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    Chiwayland

    Chiwayland International Reports Net Loss Of Rmb21.2 Million For 1H15

    Chiwayland International reported a net loss of Rmb21.2 million for 1H15 as revenue fell 16.8 percent.

  • 17 August 2015
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    Thai Bev

    Thai Beverage Announces 8 Percent Rise In 1H15 Net Profit

    Thai Beverage reported a rise of 8.2% in net profit, from THB11.5 billion last year to THB12.4 billion.

  • 14 August 2015
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    Otto Marine

    Otto Marine Reports Net Loss Of US$15.9 Million For 1H15

    Otto Marine announced a 15.9 percent increase in revenue for 1H15, while recording a net loss of US$15.9 million.

  • 14 August 2015
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    Contract Wins

    King Wan Corporation Secures New Contracts Worth $24 Million

    King Wan Corporation has secured five new mechanical and electrical projects during the period from June to August 2015, worth a total of $24 million.

  • 14 August 2015
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    GLP

    Global Logistic Properties Secures New Leases For 104,000 Square Metres In China

    Global Logistic Properties has secured new leases for 104,000 square metres in China.

  • 13 August 2015
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    thumb-443-arrow

    Far East Group Reports 1H15 Net Loss Of $1.3 Million

    Far East Group Limited reports 1H15 net loss of $1.5 million.

  • 13 August 2015
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    Tick-Loss

    Cosmosteel Holdings Announces 9M15 Net Loss Of $1.9 Million

    Cosmosteel Holdings announced a net loss of $1.9 million in 9M15, a vast difference from a net profit of $3.5 million in the same period last year.

  • 13 August 2015
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    Technic O&G

    Technics Oil And Gas Reports Net Profit Of $21.4 Million For 9M15

    Technics Oil and Gas reported a 9M15 net profit of $21.4 million, surging multi-folds from $1.1 million in the corresponding period last year.

  • 12 August 2015
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    Back to Black

    Mewah International Returns To The Black With Net Profit Of US$3.3 Million For 1H15

    Mewah International reported a 1H15 net profit of US$3.3 million as compared to a loss of US$7.2 million in the corresponding period last year.

  • 12 August 2015
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    Decline

    Sunpower Group’s 1H15 Net Profit Down 23%

    Sunpower Group announces a fall of 23.4 percent in net profit for 1H15, from Rmb33.4 million to Rmb25.6 million.

  • 12 August 2015
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    thumb- neo group

    Neo Group Returns To The Black for 1Q16

    Catering firm Neo Group recorded a 61.7 percent surge in turnover to $20.7 million for the first quarter ended 30 June 2015.

  • 11 August 2015
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    Diamond

    Sarine 2Q15 Net Profit Fell 68.7%, Revenue Down 41.7%

    Sarine Technologies reported its 2Q15 results, reflecting a 68.7 percent decline in net profit and a 41.7 percent drop in 2Q15 revenue. Weaker topline was weighed upon heavily by a decline in capital equipment sales and recurring revenue, due to significantly lower diamond manufacturing activities. Gross margin is however relatively stable at 72.3 percent. Interim [...]

  • 11 August 2015
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    noble-2

    Noble Group 1H15 Revenue Drops 16%, Profit Dips 22%

    1H15 revenue of Noble Group slid 15.7 percent, while net profit dipped 22.4 percent. The group recorded a fair value decline of US$487 million in 1H15. Other than the continued losses suffered by Noble Agri, the main drag on Noble Group’s 2Q15 results came from its Metals & Mining segment, while associate and joint venture [...]

  • 11 August 2015
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    Breadtalk

    BreadTalk’s 1H15 Net Profit Rises 10.4%

    BreadTalk posted a net profit of $4.9 million for 1H15, gaining 10.4 percent from than the same period last year, while revenue grew 9.6 percent to $307.3 million supported by improvements across all divisions.

  • 06 August 2015
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    S'pore O&G

    Singapore O&G’s 1H15 Net Profit Up 6.8%

    Singapore O&G has announced a net profit of $2.7 million for 1H15, 6.8 percent higher than the same period last year.

  • 06 August 2015
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    Thakral Corp

    Thakral Corporation Reports Net Profit Of $6.5 Million For 1H15

    Thakral Corporation has announced a net profit of $6.5 million for 1H15 as against a loss of $1.6 million in 1H14.

  • 06 August 2015
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    Gloves Production

    Riverstone Holdings’ 1H15 Net Profit Jumps 68.4%

    Riverstone Holdings announced a 38.7 percent growth in revenue to RM256.1 million, while net profit surged 68.4 percent to RM54 million.

  • 05 August 2015
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    Sembcorp

    Sembcorp Industries Maintains Net Profit For 1H15

    Sembcorp Industries announced an 8.4 percent decline in 1H15 revenue to $4,726 million, while net profit remain unchanged at $365.8 million.

  • 05 August 2015
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    Agriculture

    HLH Group Remains In The Red With A Net Loss Of $96,000 For 1H15

    HLH Group reported a net loss of $96,000 for 1H15 as revenue falls 35.4 percent.

  • 05 August 2015
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    Ho Bee

    Ho Bee Land Acquires Second Prime Office In West End London Within A Week

    Ho Bee Land’s wholly-owned subsidiary has entered into an agreement to acquire the office located at 110 Park Street, Mayfair, London W1 for GBP45.8 million.

  • 04 August 2015
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    Construction site

    Keong Hong Holdings To Build 20-Storey Medical Building For $107.5 Million

    Keong Hong Holdings has been awarded a contract worth $107.5 million by Raffles Hospital Properties for the construction of a medical building.

  • 04 August 2015
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    QT

    QT Vascular To Establish Drug Coating Development Centre In Singapore

    QT Vascular has announced the establishment of its drug coating development centre in Singapore, with the support of the Singapore Economic Development Board.

  • 04 August 2015
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    China Everbright

    China Everbright Water’s 1H15 Net Profit Leaps 27.3%

    China Everbright Water recorded an 87 percent increase in revenue for 1H15, while net profit grew 27.3 percent to HK$211.3 million.

  • 03 August 2015
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    Jardines

    Jardine Matheson Holdings Reports 13.3% Decline In 1H15 Net Profit

    Jardine Matheson Holdings announced a 4.1 percent decline in revenue to US$18.8 billion, while net profit slipped 13.3 percent to US$818 million.

  • 03 August 2015
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    Cosco Shipyard

    COSCO Corporation (Singapore) Reports Net Loss Of $4 Million For 1H15

    COSCO Corporation (Singapore) announced a 16 percent decline in revenue to $1.8 billion and a net loss of $4 million for 1H15, largely due to a decrease in shipyard and shipping revenue.

  • 03 August 2015
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    OCBC thumb

    Oversea-Chinese Banking Corporation’s 1H15 Earnings At A New High

    Oversea-Chinese Banking Corporation saw 1H15 net interest income grow 14 percent to $2,531 million, as compared with $2,213 million a year ago, largely from an 18 percent rise in interest-earning assets.

  • 31 July 2015
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    UOB

    United Overseas Bank 1H15 Earnings Dip 2.1%

    For the first six months of FY15, United Overseas Bank registered an 8.1 percent climb in net interest income to a new high of $2,414 million driven by healthy loan growth and higher net interest margin across wholesale and retail business segments.

  • 31 July 2015
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    SMRT

    SMRT Corporation Reports 10% Decline In 1Q16 Earnings

    SMRT Corporation saw its earnings for the quarter ended 30 June 2015 drop 10 percent to $20.1 million. Higher repairs and maintenance costs as well as recognition of costs associated with Kallang Wave mall negated a 7.8 percent rise in revenue.

  • 31 July 2015
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    SIA

    Singapore Airlines 1Q16 Net Profit More Than Double On Lower Fuel Costs

    For the quarter ended 30 June 2015, Singapore Airlines saw its net profit surged 162.1% to $92.1 million on the back of reduction in net fuel costs.

  • 30 July 2015
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    Construction site

    TEE Land Back In The Back With Net Profit Of $11.1 Million For FY15

    TEE Land announced FY15 revenue of $217.9 million, up 7.4 percent from a year ago, swinging back to the black with a net profit of $11.1 million.

  • 30 July 2015
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    SGX01e_0_0

    Singapore Exchange’s FY15 Net Profit Up 8.8% To $348.6 Million

    Singapore Exchange announced FY15 operating revenue of $778.9 million, expanding 13.4 percent from a year ago, while net profit grew 8.8 percent to $348.6 million.

  • 30 July 2015
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    Oil rig

    Sembcorp Marine’s 1H15 Net Profit Slips 15.3% To $215.1 Million

    Sembcorp Marine announced 1H15 revenue of $2,511.3 million, down 6.2 percent from the same period last year, while net profit fell 15.3 percent to $215.1 million.

  • 30 July 2015
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    Singpost

    Singapore Post’s 1Q16 Net Profit Up 15.8% To $46.6 Million

    Singapore Post announced 1Q16 revenue of $254.6 million, gaining 20.7 percent from the same period last year, while net profit expanded 15.8 percent to $46.6 million.

  • 29 July 2015
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    GLP

    Global Logistic Properties To Acquire US$4.6 Billion Logistics Portfolio

    Global Logistic Properties has entered into a definitive agreement to acquire a US$4.55 billion logistics portfolio from Industrial Income Trust.

  • 29 July 2015
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    Sing Hldg

    Sing Holdings Reports Net Profit Of $1.3 Million For 1H15

    Sing Holding’s announced 1H15 revenue of $32.1 million, more than triple from the same period last year, while net profit surged $1.3 million from $17,000 in 1H14.

  • 29 July 2015
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    Lian Beng

    Lian Beng Group’s FY15 Earnings Up 24% To $108 Million

    Lian Beng Group announced FY15 revenue of $747 million, up 9.4 percent from the same period last year, while net profit grew 24 percent to $108 million.

  • 29 July 2015
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    Parkway Life Reit

    Parkway Life REIT’s 1H15 Distributable Income Up 14.8% To $39.7 Million

    Parkway Life REIT announced revenue of $50.4 million a marginal increase of 1 percent from the same period last year, while income available for distribution grew 14.8 percent to $39.7 million.

  • 28 July 2015
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    Fortune Reit

    Fortune REIT’s 1H15 Distributable Income Rose 12.8% To HK$440.3 Million

    Fortune REIT announced total revenue of HK$922.6 million an increase of 13.4 percent from the same period last year, boosting income available for distribution by 12.8 percent to HK$440.3 million.

  • 28 July 2015
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    SIA Engrg

    SIA Engineering Company’s 1Q16 Earnings Down 22.8% To $41.3 Million

    SIA Engineering Company announced 1Q16 revenue of $277.3 million sliding 5.7 percent from the same period last year, while net profit fell 22.8 percent to $41.3 million.

  • 28 July 2015
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    Raffles Medical

    Raffles Medical Group’s 1H15 Net Profit Up 2.5%

    Raffles Medical Group announced 1H15 revenue of $194.3 million representing a 7.8 percent increase from the same period last year, while net profit inched up 2.5 percent to $30.9 million.

  • 27 July 2015
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    Yoma

    Yoma Strategic Holdings’ 1Q16 Net Profit Up 77.7% To $2.6 Million

    Yoma Strategic Holdings’ 1Q16 revenue increased 30.7 percent to $22.6 million while net profit surged 77.7 percent to $2.6 million.

  • 27 July 2015
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    DBS

    DBS Group Holdings’ 1H15 Earnings Up 8.5% To A New High Of $2,386 Million

    DBS Group Holdings announced 1H15 total income of $5,562 million expanding 12.1 percent from the same period last year, while net profit grew 8.5 percent to a new high of $2,386 million.

  • 27 July 2015
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    GLP

    Global Logistic Properties Secures New Leases For 81,000 Square Metres In China

    Global Logistic Properties has secured new leases for 81,000 square metres in China.

  • 24 July 2015
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    Sats

    SATS’ 1Q16 Net Profit Jumps 14.5% Despite Lower Revenue

    SATS announced 1Q16 revenue slipped 4.2 percent to $416.9 million, while net profit grew 14.5 percent to $49.6 million.

  • 24 July 2015
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    Oil rig

    Keppel Corporation’s 1H15 Net Profit Up By 1.6%

    Keppel Corporation announced 1H15 revenue of $5,377.1 million representing a 12.9 percent decline from the same period last year, while net profit inched up 1.6 percent to $756.9 million.

  • 24 July 2015
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    Port

    Hutchison Port Holdings Trust’s 1H15 Earnings Fell 26.1%

    Hutchison Port Holdings Trust announced net earnings of HK$685.7 million for 1H15, falling 26.1 percent from $927.3 million in 1H14.

  • 23 July 2015
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    Changi City Point

    Frasers Centrepoint Trust Announces New-High Distribution Per Unit Of 3.036 Cents For 3Q15

    Frasers Centrepoint Trust announced distribution per unit of 3.036 cents for 3Q15, a new-high for a quarter, while 9M15 net property income grew 14.5 percent to $99.3 million.

  • 23 July 2015
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    Ascott

    Ascott Residence Trust’s 1H15 Unitholders’ Distribution Slips 1.5%

    Ascott Residence Trust announced 1H15 revenue of $188.7 million representing a 12 percent increase from the same period last year, while amount distributable to unitholders fell marginally by 1.5 percent to $59.3 million.

  • 23 July 2015
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    Tigerair

    Tiger Airways Holdings Narrows Net Loss To $1.7 Million For 1Q16

    Tiger Airways Holdings recorded an operating profit of $0.6 million in 1Q16, compared to an operating loss of $16.4 million a year ago.

  • 22 July 2015
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    Oil rig

    Keppel Shipyard Secures Vessel Conversion Contract For US$684 Million

    Keppel Shipyard has secured a contract worth approximately US$684 million with Golar Gandria to perform the conversion of liquefied natural gas carrier into a floating liquefaction facility.

  • 22 July 2015
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    Stratech

    Stratech Group Secures Contract From Miami International Airport

    Stratech Group has secured a contract for its flagship iFerretTM intelligent vision system from Miami International Airport.

  • 22 July 2015
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    M1

    M1’s 1H15 Earnings Up 3.8%

    M1 announced 1H15 revenue of $571.7 million, expanding 19.2 percent due to higher handset sales.

  • 21 July 2015
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    GLP

    Global Logistic Properties Leases Out 44,000 Square Metres In Greater Chicago

    Global Logistic Properties has leased 44,000 square metres to a leading global retailer in Greater Chicago, US

  • 21 July 2015
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    HLH

    HLH Group To Start Cassava Starch Production Facility In Cambodia

    HLH Group’s wholly-owned subsidiary has signed an agreement to purchase US$2.2 million of cassava starch processing equipment in Cambodia.

  • 21 July 2015
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    Decline

    Aztech Group’s 1H15 Earnings Lower By 36.4%

    Aztech Group announced 1H15 revenue of $169.6 million dipping 1.8 percent from 1H14, while net profit falls 36.4 percent to $2.2 million.

  • 20 July 2015
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    Vallianz

    Vallianz Holdings’ Order Book At Record High After US$458 Million Contract Win

    Vallianz Holdings has secured new contracts valued at up to US$458 million with an existing customer in the Middle East, which is one of the world’s largest national oil companies.

  • 20 July 2015
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    Sabana

    Sabana Shari’ah Compliant REIT’s 1H15 Earnings Down 3.3%

    Sabana Shari’ah Compliant REIT announced 1H15 revenue of $50.8 million, a marginal 1.7 percent increase from 1H14.

  • 20 July 2015
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    Commercial buildings

    Singapore’s Non-Oil Domestic Exports Up 4.7 Percent Year-On-Year In June

    Singapore’s non-oil domestic exports rose by 4.7 percent year-on-year in June, from a 0.3 percent decline in the previous month, due to an increase in both electronic and non-electronic exports.

  • 16 July 2015
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    Tick-Loss

    CEFC International Announces Net Loss Of US$1.7 Million For 1H15

    CEFC International recorded a net loss of US$1.7 million in 1H15 due to higher expenses which were not covered by profit from trading activities.

  • 16 July 2015
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    ISDN

    ISDN Holdings To Develop 20 Megawatt Hydropower Facility In Indonesia

    ISDN Holdings has received the in-principle approval to develop a 20 megawatt hydropower plant along the Rawa River in the Sigi Regency, Central Sulawesi.

  • 16 July 2015
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    Spackman

    Spackman Entertainment Group Collaborates With Hong Kong-Listed Firm

    Spackman Entertainment Group has entered into a business partnership agreement with National Arts Entertainment and Culture Group to collaborate on and promote each other’s entertainment‐related businesses.

  • 15 July 2015
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    Oil rig

    Sembcorp Marine To Build The World’s Largest Semi-Submersible Crane Vessel For US$1 Billion

    Sembcorp Marine has secured a US$1 billion contract with Heerema Offshore Services to build a new semi-submersible crane vessel.

  • 15 July 2015
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    Growth

    Soilbuild Business Space REIT’s 1H15 Earnings Up 8.8%

    Soilbuild Business Space REIT announced total return before distribution of $22.6 million for 1H15, an 8.8 percent increase from $20.8 million in 1H14.

  • 15 July 2015
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    Commercial buildings

    Singapore’s 2Q Gross Domestic Product Expanded 1.7% Year-On-Year, Weaker Than Expected

    Singapore’s economy expanded by 1.7 percent year-on-year in the second quarter of this year, falling short of economists estimates of 2.7 percent.

  • 14 July 2015
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    CNA

    CNA Group’s FY14 Net Loss Increased 83.6 Percent

    CNA Group recorded a net loss of $46.1 million, sinking 83.6 percent deeper into the red from a $25.1 million net loss in FY13.

  • 14 July 2015
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    Heeton

    Heeton Holdings Leads Consortium To Acquire Prominent Site In United Kingdom

    Heeton Holdings has led a consortium of developers in a second venture in United Kingdom, following its maiden acquisition in Hammersmith, London, in March 2015.

  • 14 July 2015
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    Keppel

    Keppel FELS Secures Liftboat Order For US$85 Million

    Keppel Corporation’s indirect wholly owned subsidiary, Keppel FELS, has secured a contract for a high specification liftboat worth US$85 million.

  • 14 July 2015
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    Contract Wins

    CapitaLand Partners Qatar Investment Authority For US$600 Million Fund

    CapitaLand’s serviced residence business unit, The Ascott, has established a 50:50 joint venture company with Qatar Investment Authority to set up a serviced residence fund with an initial focus on the Asia Pacific and Europe regions.

  • 13 July 2015
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    Closing Down

    ISEC Healthcare To Cease Eye Clinic Operations In Mount Elizabeth Novena Specialist Centre

    ISEC Healthcare will cease its eye clinic operation in Mount Elizabeth Novena Specialist Centre from December 2015.

  • 13 July 2015
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    Vallianz

    Vallianz Holdings Secures US$300 Million Contract In The Middle East

    Vallianz Holdings has secured a time charter valued at up to US$300 million with an existing customer, which is one of the world’s largest national oil companies.

  • 13 July 2015
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    Thakral Corp

    Thakral Corporation Secures Exclusive China Distribution Rights For MTG Group’s “SIXPAD” Products

    Thakral Corporation has secured the exclusive distribution rights for MTG Group’s “SIXPAD” range of products in China.

  • 10 July 2015
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    Acquisition

    Oxley Holdings Acquires Property In London For GBP35 Million

    Oxley Holdings wholly-owned subsidiary, Oxley Deanston, has entered into an agreement to acquire a property in London from Iron Mountain (UK) Services for GBP35 million.

  • 10 July 2015
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    EMAS

    Ezra Holdings 9M15 Net Profit Rises 50.6%

    Ezra Holdings saw its net profit for 9M15 grow 50.6 percent to US$51.5 million despite a net loss of US$3 million for the latest quarter.

  • 10 July 2015
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    ST Aerospace

    Singapore Technologies Aerospace Secures $920 Million Of New Contracts In 2Q15

    Singapore Technologies Engineering’s aerospace arm, Singapore Technologies Aerospace, has secured new contracts worth $920 million in 2Q15.

  • 10 July 2015
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    Joint Venture

    Singapore Post And Alibaba Group To Expand E-Commerce Logistics Cooperation

    Singapore Post and Alibaba Group Holding announced three new initiatives for collaboration and growth following the signing of a joint venture agreement.

  • 09 July 2015
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    Corporate awards

    Megachem Wins Four Awards At The Singapore Corporate Awards

    Megachem has been accorded four awards at the 2015 Singapore Corporate Awards.

  • 09 July 2015
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    Corporate awards

    CapitaLand Receives Best Chief Financial Officer Of The Year Award

    CapitaLand’s group chief financial officer, Arthur Lang, has been accorded the prestigious best chief financial officer of the year award.

  • 09 July 2015
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    Jasper Investments Records US$289.1 Million Loss For FY15

    Jasper Investments registered a revenue of US$75,000 for FY15 after the disposal of its subsidiaries in February 2015.

  • 09 July 2015
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    Construction site

    KSH Holdings Secures Contract Worth $34.8 Million

    KSH Holdings has secured a $34.8 million contract for the construction of a steel structure, electrical intake station and ancillary works.

  • 08 July 2015
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    GCCP

    GCCP Resources To Supply 60,000 Metric Tons Of Calcium Carbonate

    GCCP Resources has secured a contract to supply 60,000 metric tons of calcium carbonate to Lhoist Group.

  • 08 July 2015
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    SPHREIT

    SPH REIT’s 9M15 Earnings Grew 4.6 Percent

    SPH REIT’s revenue for 9M15 grew 2.1 percent to $154.3 million, from $151.2 million in 9M14.

  • 08 July 2015
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    EMAS

    EMAS Offshore Secures US$24 Million In New Orders

    EMAS Offshore has secured three new awards for charters in West Africa and Thailand worth US$24 million.

  • 07 July 2015
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    Triyards

    Triyards Holdings Secures New Orders Worth US$175 Million

    Triyards Holdings secures new orders for two enhanced BH450 series liftboats worth US$175 million, extending its order book visibility into FY17.

  • 07 July 2015
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    First ship

    First Ship Lease Trust Secures New Time Charter Contracts Worth US$61 Million

    First Ship Lease Trust has reached a US$61 million agreement with a leading global commodities trader to charter three vessels for two years.

  • 07 July 2015
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    Contract

    AsiaPhos To Acquire LY Resources In $37 Million Deal

    Singapore-headquartered mineral resources firm, AsiaPhos, announced that it will acquire the entire stake in LY Resource (LYR) for $36.8 million from Luo Yong, owner of 50 percent equity stake in Mianzhu Dashan Mining Co (Dashan), the group’s cooperation partner in China. According to the company, the acquisition will allow it to obtain the economic benefits [...]

  • 06 July 2015
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    1

    Miyoshi Back In The Black For 3Q15

    For the third quarter ended 31 May 2015, Miyoshi reported a 5.4 percent rise in revenue to $13.5 million, underpinned by new and increased orders from customers in the photo imaging business.

  • 06 July 2015
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    Geo Energy

    Geo Energy Resources Secures Contract To Supply 1.5 Million Tonnes Of Coal

    Geo Energy Resources has entered into a contract to supply 1.5 million tonnes of coal to BTG Pactual Commodities (Singapore).

  • 03 July 2015
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    GLP

    Global Logistic Properties Leases Out 58,000 Square Metres In China

    Global Logistic Properties has signed new lease agreements totaling 58,000 square meters with four industry leaders in China.

  • 03 July 2015
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    Building

    BBR Holdings (Singapore) Secures Contract To Construct Student Hostel

    BBR Holdings (Singapore) has secured its second pre-fabricated pre-finished volumetric construction contract for a student hostel development at Nanyang Technological University.

  • 03 July 2015
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    Element

    Ascott Residence Trust Acquires Hotel In New York For US$163.5 Million

    Ascott Residence Trust to acquire Element New York Times Square West for US$163.5 million.

  • 02 July 2015
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    Geoservice

    Tiong Seng Holdings Secures Contract Worth $277.3 Million

    Tiong Seng Holdings’ wholly-own subsidiary, Tiong Seng Contractors, has secured a $277.3 million contract from JTC Corporation.

  • 02 July 2015
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    Warehouse

    Figtree Holdings Secures $65 Million Contract For Logistics Hub In Singapore

    Figtree Holdings’ wholly-owned subsidiary, Figtree Projects, has secured a $65 million contract for the construction of a logistics hub in Singapore.

  • 02 July 2015
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    Warehouse

    Mapletree Logistics Trust Acquires Distribution Centre In Australia For AUD253 Million

    Mapletree Logistics Trust has acquired a freehold cold store warehouse in Australia for AUD253 million.

  • 01 July 2015
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    Plane service

    Singapore Technologies Engineering Secures Contract Worth US$350 Million

    Singapore Technologies Engineering’s aerospace arm, Singapore Technologies Aerospace, has signed a contract with India’s second largest airline, Jet Airways.

  • 01 July 2015
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    Artivision

    Artivision Technologies Secures 5 Contracts In Israel

    Artivision Technologies’ wholly-owned subsidiary, Artimedia Technologies, has secured five contracts in Israel.

  • 01 July 2015
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    Vibrant Group

    Vibrant Group’s FY15 Net Profit Falls 29.7%

    Vibrant Group’s revenue for FY15 grew 6.2 percent to $203.2 million.

  • 30 June 2015
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    Profit Loss

    IPCO International Announces FY15 Net Loss Of $3.2 Million

    IPCO International recorded a revenue of $49.1 million for FY15.

  • 30 June 2015
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    Del Monte

    Del Monte Pacific Reports US$38 Million FY15 Net Loss

    For FY15, Del Monte Pacific reported a net loss of US$38 million despite a 190.5 percent growth in revenue.

  • 30 June 2015
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    Decline

    Ace Achieve Infocomm’s FY15 Net Profit Falls 37.7 Percent

    Ace Achieve Infocomm’s revenue for FY15 slipped 1.1 percent to Rmb235.3 million while net profit fell 37.7 percent to Rmb13 million.

  • 29 June 2015
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    Otto Marine

    Otto Marine Secures Contracts Worth US$131 Million

    Otto Marine has secured new orders worth $55.9 million in the second quarter of FY15 to-date.

  • 29 June 2015
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    SIA Eng

    SIA Engineering Company Renews $197 Million Service Agreement With SilkAir

    SIA Engineering Company has renewed its service agreement, worth $197 million, with SilkAir.

  • 29 June 2015
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    Stamford Tyres

    Stamford Tyres Corporation’s Net Profit Plunges 83 Percent

    Stamford Tyres Corporation’s revenue for FY15 remained relatively unchanged at $292.5 million.

  • 26 June 2015
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    Contract Wins

    Nordic Group Secures Contracts Worth $3.7 Million

    Nordic Group’s subsidiary has been awarded three contracts valued at approximately $3.7 million.

  • 26 June 2015
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    GLP

    Global Logistic Properties Leases 68,000 Square Metres In Brazil

    Global Logistic Properties leases 68,000 square meters with three industry-leading companies in Brazil.

  • 26 June 2015
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    Ascendas

    Ascendas REIT Commences Legal Proceedings Against 2 Contractors

    Ascendas REIT has commenced court proceedings and arbitration proceedings against two contractors to seek adjudication on the total amounts payable for services purportedly rendered by them.

  • 25 June 2015
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    Vard

    Vard Holdings Acquires ICD Software For NOK91.3 Million

    Vard Holdings has acquired ICD Software for NOK 91.3 million.

  • 25 June 2015
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    ryobi kiso

    Ryobi Kiso Holdings Secures Contracts Worth $55.9 Million

    Ryobi Kiso Holdings has secured multiple contracts worth $55.9 million since January 2015.

  • 25 June 2015
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    Courage Marine

    Courage Marine Group To Dispose Vessel For US$6.4 Million

    Courage Marine Group has entered into an agreement with Providence Shipping Corporation for the disposal of a vessel, MV Cape Pioneer, for US$6.4 million.

  • 24 June 2015
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    China Merchant

    China Merchants Holdings (Pacific) To Acquire 3 Expressways In China

    China Merchants Holdings (Pacific) have entered into several agreements in relation to acquire three expressways located in Guangxi Zhuang Autonomous Region in China for Rmb3 billion.

  • 24 June 2015
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    SATS

    SATS’ Japan Subsidiary Signs $325 Million Contract With Delta Airlines

    SATS’ 59.4%-owned subsidiary in Japan, TFK Corporation (TFK), has secured a multi-year inflight catering contract worth about JPY30 billion (approximately $325 million) from Delta Air Lines.

  • 24 June 2015
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    Acquisition

    Roxy-Pacific Holdings To Acquire A Land Parcel In Jakarta

    Roxy-Pacific Holdings’ wholly-owned subsidiary, Roxy Jakarta Hotels have entered into an agreement to acquire a 49 percent interest in a land parcel located at Jalan Kramat Raya No. 110, Kecamatan Senen, Indonesia for a purchase consideration of Rp33.4b.

  • 23 June 2015
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    Grand Banks Yachts

    Grand Banks Yachts Warns Loss For FY15

    Grand Banks Yachts has announced that a net loss is expected for FY15.

  • 23 June 2015
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    Broadcast

    Ntegrator International Secures Contracts Worth $8.2 Million

    Ntegrator International has secured four contracts worth $8.2 million from repeat customers in Myanmar and Singapore.

  • 23 June 2015
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    capita

    CapitaLand’s Japan Trust Acquires Japanese Mall For JPY3.1b

    CapitaLand’s wholly-owned trust vehicle, CMA Japan Trust, has entered into agreements for the purchase of the entire interest in Vivit Minami Funabashi (Vivit) in Japan for a total JPY3,050 million (approximately $33.2 million).

  • 22 June 2015
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    Q&M

    Q&M Dental Acquires 6 Dental Clinics In Malaysia

    Q&M Dental Group (Singapore) has entered into binding points of agreement to acquire a 60 percent stake in Yong Dental, Smilebay Dental and Smilebay (BW) (collectively known as Smilebay Dental Clinics), which operates six dental clinics in Penang, Malaysia.

  • 22 June 2015
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    Gloves Production

    Riverstone Holdings To Ramp Up Production By 1 Billion Gloves

    Riverstone Holdings’ wholly-owned subsidiary, Eco Medi Glove, had awarded to a company incorporated in Malaysia for the construction of a new glove factory building for RM15.8 million.

  • 19 June 2015
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    Wassana Oil

    KrisEnergy Commences Oil Production In The Gulf Of Thailand

    KrisEnergy has commenced oil production from three initial wells at the Nong Yao field in the Gulf of Thailand with an initial production rate of 2,500 barrels of oil per day (bopd).

  • 19 June 2015
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    Asphalt Resurfacing

    Ley Choon Group Holdings Wins $24.8m Contract

    Ley Choon Group Holdings has been awarded a $24.8 million contract from the Changi Airport Group to resurface the taxiways at Changi Airport.

  • 19 June 2015
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    Acquisition

    Frasers Centrepoint Acquires UK Hotel Operator For $759.5m

    Frasers Centrepoint’s hospitality arm, Frasers Hospitality UK Holdings, has acquired MHDV Holdings (UK) (MHDVUK) for approximately $759.5 million.

  • 18 June 2015
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    Micro Power Plant

    Sino Construction Receives Green Light To Operate Micro Power Plant

    Sino Construction’s subsidiary, Magnum Modular Power Generation (MMPGPL), which is a joint venture with Primeforth Renewable Energy, has received approval from the Korea Power Exchange to commence operations for its first micro power plant.

  • 18 June 2015
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    Contract Wins

    Logistics Holdings Wins $13.8m Contract From JTC Corporation

    Logistics Holdings has secured a $13.8 million contract through its subsidiary, Logistics Construction, from JTC Corporation.

  • 18 June 2015
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    Aircraft Maintenance

    Singapore Technologies Engineering Secures US$100m Contract

    Singapore Technologies Aerospace (ST Aerospace), the aerospace arm of Singapore Technologies Engineering, has secured a 7-year contract worth more than US$100m, for aircraft component support with Flybe.

  • 17 June 2015
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    Yusuf Alireza

    Noble Group Denies Claims And Questions Iceberg’s Credibility

    Yusuf Alireza, chief executive officer of the commodities trader Noble Group, has issued a letter in response to Michael Dee’s statements about the company.

  • 17 June 2015
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    Deep Sea Mining

    Keppel Corporation’s Unit Awarded Seabed Exploration Contract

    Ocean Mineral Singapore (OMS), majority owned by Keppel Corporation, has entered into a 15-year exploration contract for polymetallic nodules.

  • 17 June 2015
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    Midas Train

    Midas Holdings’ Joint Venture Unit Wins Contracts Worth Rmb2.1b

    Midas Holdings’ 32.5 percent joint venture unit, Nanjing SR Puzhen Rail Transport Co. (NPRT), has secured three contracts for metro trains and trams in China valued at Rmb2.1 billion scheduled for delivery between 2016 and 2017.

  • 16 June 2015
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    Cosco Shipyard

    COSCO Corporation (Singapore) Secures Rmb129m Contract

    COSCO (Guangdong) Shipyard Co., a subsidiary of COSCO Corporation (Singapore)’s 51 percent owned subsidiary, COSCO Shipyard Group Co., has entered into a contract valued over Rmb129 million from an Asian buyer to build one research vessel.

  • 16 June 2015
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    Aircraft

    Singapore Airlines’ Passenger Load Factor Declined In May

    Singapore Airlines’ systemwide passenger carriage decreased 4.2 percent in May, with a 2.6 percent reduction in capacity.

  • 16 June 2015
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    Letter

    Noble Group’s Chairman Seeks Confidence From Shareholders And Employees

    In a letter to shareholders and employees which was announced through the Singapore Exchange on 11 June 2015, Richard Elman, chairman of the commodities trader Noble Group, asked for confidence and patience.

  • 15 June 2015
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    Sandhill Plaza

    Mapletree Greater China Commercial Trust Acquires Sandhill Plaza For $402m

    Mapletree Greater China Commercial Trust (MGCCT) has acquired Sandhill Plaza, a premium quality business park located in Zhangjiang hi-tech park in Shanghai, for $402 million from MSREF VII Leaphart BV.

  • 15 June 2015
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    Handshake-World

    Ezra Secures Contract Wins Valued More Than US$115m

    Ezra Holdings announced that its subsea services division, EMAS AMC, has secured several global contracts, including one for rigid pipelay on the Aviat field development in the United Kingdom North Sea, bringing the total contract value to more than US$115 million.

  • 15 June 2015
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    Contract Wins

    Otto Marine Secures US$27m Contract

    Otto Marine’s wholly owned subsidiary, Swordfish 1, has entered into a long-term bareboat charter contract worth US$27 million.

  • 12 June 2015
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    China Flexpack Reports 1H15 Net Loss Of Rmb106.9m

    China Flexible Packaging Holdings saw a 31.6 percent decline in revenue to Rmb198.1 million due to the lower average selling price of the group’s major product.

  • 12 June 2015
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    Profit-Loss Guidance

    Singapore eDevelopment Expects Net Loss For 1H15

    Singapore eDevelopment has announced that the group expects to report a net loss for 1H15.

  • 12 June 2015
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    ifast

    iFAST Proposes Acquisition Of HK Stockbroking Firm

    iFAST Corporation has proposed the acquisition of Winfield Securities for an estimated consideration of HK$14.7 million, to be financed through its initial public offering proceeds.

  • 11 June 2015
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    Starburst

    Starburst To Secure $16.1m Contract In The Middle East

    Starburst Holdings’ wholly owned subsidiary, Starburst Engineering, has received letters of intent with a total contract value of approximately $16.1 million for firearm shooting range projects in the Middle East.

  • 11 June 2015
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    Offshore Drilling Platform and Sun

    EMAS Offshore Secures US$30m Contract In West Africa

    EMAS Offshore has secured a contract, valued at more than US$30 million, for the charter of four marine vessels to an oil major in West Africa for the provision of accommodation, anchor handling, towing, supplying and other support services.

  • 11 June 2015
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    Australand Secures Major Industrial Deals In Melbourne

    Frasers Centrepoint’s subsidiary, Australand, has secured major industrial deals for around 200,000 square metres of industrial space in Melbourne in the last six months. The combined deals are valued at approximately $200 million.

  • 10 June 2015
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    wpid-1297213462_best-handshake

    Soilbuild Construction Group Awarded Residential Development Contract in Myanmar

    Soilbuild Construction Group has been awarded a contract for the design and build of a proposed 24-storey residential development with 4 levels of semi-basement in Yangon, Myanmar.

  • 10 June 2015
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    thumb-handshake

    Vard Secures Contract With Kreuz Subsea

    Vard Holdings has secured a contract for the design and construction of one diving support and construction vessel for Singapore-based Kreuz Subsea group.

  • 09 June 2015
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    red_arrow_down_crash_1600_clr_2751

    TTJ Holdings 9M15 Net Profit Declines 40.1 Percent

    TTJ Holdings announced a 37.5 percent decrease in revenue to $67 million for 9M15, due to lower sales recorded in the structural steel business. As a result, net profit fell 40.1 percent to $9.6 million from $16.1 million in 9M14.

  • 09 June 2015
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    debt

    Keong Hong Holdings Launches $50 million 6 Percent Notes Due 2018

    Keong Hong Holdings has announced the launch and pricing of the $50 million 6 percent notes due 2018 to be issued under its $150 million multicurrency medium term note programme.

  • 09 June 2015
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    Stocks In Focus SG (Jasper Invs, Koyo Int’l, Spackman) – 08/06/15

    Jasper Investments has entered into two commercial management agreements, for the provision of management services in relation to the oil and gas industry. Under the agreement, the company will receive a total fee of US$82,500 per month for services provided under the contracts, which will begin on 6 July 2015.

  • 08 June 2015
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