Company News – Latest Companies news and Analysis IBTimes Singapore

EMAS Offshore gets $50 mln lifeline amidst restructuring efforts

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, entered into a revised term sheet with BT Investment (BTI) after terminating the prior term sheet last week.

Dec 12, 2017

By Aastha Agnihotri

Noble Group completes sale of U.S.-based coal unit for $34.5 mln

Embattled commodities trader Noble Group on Tuesday said it completed the sale of U.S.-based coal unit, MR Coal Marketing for US$34.5 million to an unnamed buyer.

Dec 12, 2017

By Aastha Agnihotri

Keppel Offshore wins orders worth S$130 mln from Petrobras, SOFEC

Keppel Offshore & Marine on Monday said its unit Keppel FELS Brasil and Keppel Shipyard secured projects worth S$130 million from repeat customers, Petrobras and SOFEC Inc.

Dec 11, 2017

By Aastha Agnihotri

Noble Group shares surge 13% amidst huge volume; Dec 15 deadline looms

Shares in the embattled commodities trader Noble Group jumped as much as 12 percent to S$0.14 on the Singapore Exchange on Monday.

Dec 11, 2017

By Aastha Agnihotri

Thai Beverage, others line up for Vietnam's Sabeco sale: report

Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are preparing to bid for a stake in Vietnam's largest brewer, Sabeco, Reuters reported on Sunday.

Dec 11, 2017

By Aastha Agnihotri

Hundreds of millions of people travel home for Chinese New Year causing a complete chaos [PHOTOS]

Singapore and Shandong to boost cooperation in education, healthcare

Singapore and Shandong have agreed to further increase trade and investments in the fields of mutual interest, such as education, healthcare and energy and petrochemicals.

Dec 11, 2017

By Aastha Agnihotri

China, Taiwan part of international recall of Lactalis baby formula milk

French baby-milk maker Lactalis and health authorities have ordered a major international product recall after the discovery of salmonella bacteria.

Dec 11, 2017

By Aastha Agnihotri

Fullerton Healthcare buys 60% stake in Philippine-based Intellicare

Singapore-based Fullerton Healthcare Corp on Monday said it entered into agreements to acquire a 60 percent stake in Philippine-based Intellicare Group.

Dec 11, 2017

By Aastha Agnihotri

ComfortDelGro jumps 4% after Uber deal, volume spikes

Shares in ComfortDelGro climbed as much as 4.2 percent to S$1.99 after the Singapore's largest taxi company entered into an agreement with U.S.-based ride-hailing firm Uber Technologies.

Dec 11, 2017

By Aastha Agnihotri

City Developments seals S$3.63 bln deal with London-listed hotelier M&C

London-listed hotel arm Millennium & Copthorne (M&C) Hotels agreed accepted about 2 billion pounds (S$3.63 billion) offer from its majority shareholder City Developments after an earlier bid was rebuffed by minority investors.

Dec 11, 2017

By Aastha Agnihotri

ComfortDelGro inks S$642 mln deal with Uber as competition grows

Singapore's largest taxi company, ComfortDelGro on Friday said it entered into an agreement with U.S.-based ride-hailing firm Uber Technologies to manage its fleet of vehicles and booking software solutions in Singapore.

Dec 8, 2017

By Aastha Agnihotri

Apple may offer metal casing instead of glass back for iPhones next year: report

Apple is reportedly working on a 6.1-inch LCD iPhone with a metal casing, Nikkei Asian Review reported on Thursday citing an unnamed source.

Dec 8, 2017

By Aastha Agnihotri

YouTube to launch music subscription service next year in third attempt: report

YouTube plans to introduce a paid music service in March, Bloomberg reported on Thursday.

Dec 8, 2017

By Aastha Agnihotri

Singapore's ComfortDelGro under pressure as ride-hailing rivalry heats up

Singapore's largest taxi company, ComfortDelGro is facing tough competition from private-hire services such as Uber and Grab, which make up half the market for point-to-point transport options.

Dec 8, 2017

By Aastha Agnihotri

Ellipsiz ends talks with 'third party' regarding a possible takeover deal

Ellipsiz, which offers products and services to the semiconductor industry, said that it was no longer in discussions with the 'third party' relating to the possible transaction involving the shares of the company.

Dec 8, 2017

By Aastha Agnihotri