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C&G Environmental Protection shares surge 25% on S$400-million reverse takeover offer

Electric services company C&G Environmental Protection Holdings said it entered into a deal with India's Param Mitra Coal Resources for a S$400 million reverse takeover.

Dec 29, 2017

By Aastha Agnihotri

Noble Group strengthens hold on Mongolian market via NMRL stake purchase

Commodities trader Noble Group said its wholly-owned subsidiary acquired an additional 10 percent stake in Northern Mongolian Railways Ltd (NMRL) for US$1.4 million.

Dec 29, 2017

By Aastha Agnihotri

Tim Cook earns $102 mln in 2017, must use private jet for security reasons

Apple Inc's Chief Executive Tim Cook received a salary of $102 million in 2017, which included an incentive payout of $9.33 million.

Dec 28, 2017

By Aastha Agnihotri

Singapore Press names new CFO as Mallek's term ends

Singapore Press Holdings, which began a review of its media business last year, appointed Chua Hwee Song as the new chief financial officer (CFO), effective next year.

Dec 28, 2017

By Aastha Agnihotri

CapitaLand forays into Germany with S$392 mln office space

Property developer CapitaLand on Thursday said it acquired an office building known as Main Airport Center (MAC) in Frankfurt, Germany.

Dec 28, 2017

By Aastha Agnihotri

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Singapore media regulator imposes S$150,000 fine on NetLink

Singapore media regulator has imposed a financial penalty of S$150,000 on fibre network operator NetLink Trust for failing to meet its quality service targets.

Dec 28, 2017

By Aastha Agnihotri

Hard disks are pictured inside a server room at a company in Bangkok

Datapulse substantial shareholders call EGM to seek removal of directors

Datapulse Technology on Thursday said it had received a requisition notice to convene an extraordinary general meeting to sack four directors on its board, among other things.

Dec 28, 2017

By Aastha Agnihotri

Keppel shares plunge on US$422 mln Brazil bribery fine

Shares of mainboard-listed Keppel Corp fell as much as 5 percent to S$7.09 on the Singapore Exchange on Tuesday.

Dec 26, 2017

By Aastha Agnihotri

Keppel's S$597 million Chinese divestment stalls amid legal hurdles

Conglomerate Keppel Corp's S$597 million divestment remained stalled after a minority shareholder of China marina project initiated legal proceedings in Singapore.

Dec 26, 2017

By Aastha Agnihotri

Oil rebounds after 8% fall as Iran says open to talks with Saudi Arabia

Sembcorp Marine to bear S$24 mln loss if West Rigel sale goes through

Sembcorp Marine on Tuesday said its unit Jurong Shipyard signed an agreement for the sale of the semi-submersible rig West Rigel to a buyer for US$500 million.

Dec 26, 2017

By Aastha Agnihotri

Toast Box owner BreadTalk partners with 115-year-old Japanese trader to boost growth

Food and beverage maker BreadTalk Group on Friday said its unit Together Inc formed a joint venture agreement with Japanese trader Shinmei Co.

Dec 22, 2017

By Aastha Agnihotri

Debt-laden Noble buys stake in Australia's Symbol Mining for A$375,000

Embattled commodities trader Noble Group on Friday said its unit, Noble Resources International bought a stake in Australia-listed Symbol Mining for A$375,000.

Dec 22, 2017

By Aastha Agnihotri

Spackman buys advisory firm Constellation Agency for S$16.6 mln

Spackman Entertainment, a South Korean theatrical film production group, on Friday said it entered into deal to buy Constellation Agency for S$16.6 million.

Dec 22, 2017

By Aastha Agnihotri

Moody's reviews Lippo Malls Retail Trust's rating for downgrade, shares plunge

Moody's Investors Service has placed the Baa3 issuer rating of Lippo Malls Indonesia Retail Trust (LMIRT) on review for downgrade.

Dec 22, 2017

By Aastha Agnihotri

Singapore's competition watchdog asks public feedback on proposed ComfortDelGro-Uber deal

The Competition Commission of Singapore (CCS) is asking public for their feedback on the proposed collaboration between ComfortDelGro and Uber Technologies.

Dec 22, 2017

By Aastha Agnihotri