Company News – Latest Companies news and Analysis IBTimes Singapore

Elon Musk wins bet as Tesla mega-battery is built in just 60 days

Tesla has activated the worlds largest lithium ion battery in Australia. The project took just 60 days to complete, securing a bet Tesla founder Elon Musk made that promised Australia would receive the battery for free if it wasnt finished in 100 days.

Dec 2, 2017

By Staff Reporter

Elon musk

GP Batteries gets 73.5 mln yuan payment from Dongguan property sale

GP Batteries' wholly-owned subsidiary Dongguan Chao Ba Batteries agreed to sell an industrial land in Dongguan last year for S$21.9 million last year.

Dec 1, 2017

By Aastha Agnihotri

Keppel Infra, China Harbour win S$5.3 bln waste management contract in Hong Kong

Keppel Infrastructure and China Harbour Engineering on Friday secured a project to build an integrated waste management facility (IWMF) in Hong Kong for HKD 31 billion (about S$5.3 billion).

Dec 1, 2017

By Aastha Agnihotri

AsiaPhos' chairman raises stake via share purchase

Singapore-listed AsiaPhos on Friday said Non-Executive Chairman Pian Tee Hong purchased shares in the phosphate mining company.

Dec 1, 2017

By Aastha Agnihotri

Singapore's IPO fundraising doubles from last year as growth rebounds

Fundraising from Singapore domestic initial public offerings so far in 2017 have doubled compared to the entire 2016.

Dec 1, 2017

By Aastha Agnihotri

Palm oil giant Wilmar steps up effort to curb child labour after Indonesian probe

The world's biggest palm oil processor Wilmar International has launched fresh policies to enhance the welfare of children living in oil palm plantations.

Dec 1, 2017

By Aastha Agnihotri

Oxley joins FTSE ST Large & Mid Cap Index, FTSE ST Mid Cap Index

Real estate developer Oxley Holdings on Friday said the company has been included on the FTSE ST Large and Mid Cap Index and the FTSE ST Mid Cap Index.

Dec 1, 2017

By Aastha Agnihotri

BRC Asia surges 41% to over 1-year high as trading resumes, volumes spike

Shares in Singapore-based steel maker BRC Asia jumped as much as 41 percent to S$1.27 on Friday following the resumption of trading.

Dec 1, 2017

By Aastha Agnihotri

Marco Polo gets court nod for debt restructuring; EGM on Dec 14

Logistics group Marco Polo Marine said it has received approval from the Singapore High Court for its restructuring plan.

Dec 1, 2017

By Aastha Agnihotri

StarHub takes 9% stake in mm2 Asia to drive pay TV offerings in Singapore

StarHub outgoing CEO pares S$2.55 mln worth stake

StarHub said its outgoing Chief Executive Tan Tong Hai reduced his stake in the telecoms service provider.

Dec 1, 2017

By Aastha Agnihotri

Cromwell European REIT makes muted debut on SGX

Shares in Cromwell European Real Estate Investment Trust (CEREIT) opened unchanged in Thursday's trading debut.

Nov 30, 2017

By Aastha Agnihotri

Property developer Aspen buys industrial land in Malaysia's Selangor for S$63 mln

Malaysian property developer Aspen Group Holdings on Thursday said its associate company, Global Vision Logistics bought industrial land in Shah Alam, Selangor for 190 million Malaysian ringgit (about S$63 million).

Nov 30, 2017

By Aastha Agnihotri

GLP shareholders overwhelmingly support privatization scheme

Global Logistic Properties (GLP), which was bought by a Chinese consortium for S$16 billion, on Thursday said its shareholders approved the privatization scheme.

Nov 30, 2017

By Aastha Agnihotri

Singapore's first euro-denominated REIT says IPO subscribed 3.1 times

Cromwell European Real Estate Investment Trust (CEREIT) said its initial public offering was about 3.1 times subscribed.

Nov 30, 2017

By Aastha Agnihotri

Thai Beverage buys remaining stake in Vietnamese management consultancy firm

Thai Beverage, a maker of wide range of branded beer and spirits in Thailand, said its unit BeerCo bought a 49 percent stake in Vietnamese management consultancy firm.

Nov 30, 2017

By Aastha Agnihotri