News

NOL to issue S$280 mln notes due 2020

NOL to issue S$280 mln notes due 2020

Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.

Wilmar International completes acquisition of Natoleo

Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.

Tiger Airways to suspend 2 under-performing Australian flights

Operations would be stopped temporarily on November 10 and would resume if demand picks up.

Chip Eng Seng receives letter of intent for $142 mln contract

Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.

Cosco delivers vessel to European buyer

The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.

SGX to delist Avaplas

The manufacturer of plastic injection molding is expected to be taken off the official list of SGX-ST starting 9:00 am on 27 August 2010.

Central Depository to assist shareholders of delisted companies

Talks between MAS and ACRA regarding possible changes to the law that will help shareholders obtain their share certificates are on-going.

Wilmar to acquire Indonesian and Singaporean sugar refineries

Deals on 2 acquisitions to be expected to be completed on last quarter of 2010.

Raffles Education profit up 8.2% to S$55.8mln

Group established eight new colleges despite revenue fell 6.9% to S$188.1mln mainly behind lower enrolments in China.

COSCO delivers FPSO Cidade de Angra Dos Reis MV22

Company also secured contracts for construction of 2 deck barges of 15,000 dwt each worth US$12mln.

MAS lifts ban on 6 brokers' structured notes sale

Encourages consumers to refer to "Making Sense of Structured Products" guidebook before investing in structured notes.

Technical consumer goods sale in eight Asian markets up 13%

Singapore among countries wherein demand for Small Domestic Appliances grew by as much as 80%.

Changi Airport passengers up 16% in July

Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.

MaxLee Development borrows S$220 mln from UOB and OCBC

The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.

SMX and TOCOM deploy KVH-SingTel low latency network solutions

KVH and Singtel partnership offer ultra low-latency capability expansion for improving liquidity in and SMX and TOCOM.

CapitaLand subsidiary sells 49% stake in OneSentral Park

Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.

Wilmar buys Windsor & Brook Trading

The agribusiness company continues to delve into the sugar business.