Company News – Latest Companies news and Analysis IBTimes Singapore

Ezion tries to tempt bondholders by offering refinancing protection

Ezion Holdings, a provider of offshore marine logistics services, on Monday offered bondholders protection in case its refinancing does not go as planned.

Oct 30, 2017

By Aastha Agnihotri

Raffles Medical Group Q1 profit rises 3.7%; revenue up 23%

Singapore's Raffles Medical posts 1% rise in third-quarter profit

Raffles Medical Group on Monday reported a 1 percent growth in third-quarter net profit, as lower renewal rates for expatriate plans offset higher local patient loads at the hospitals.

Oct 30, 2017

By Aastha Agnihotri

Ascott wins contracts to manage properties in Raffles Place, Citadines Rochor

CapitaLand's serviced residence business unit, the Ascott on Monday said it secured contracts to manage two properties in the Central Business District (CBD) and near the Ophir-Rochor Corridor.

Oct 30, 2017

By Aastha Agnihotri

SIA Engineering to gain US$14.7 mln via Asian Compressor sale

Aircraft maintenance company SIA Engineering on Friday signed an agreement with MB Aerospace for the sale of Taiwan-based Asian Compressor Technology Services that would result in a gain of about S$14.7 million.

Oct 27, 2017

By Aastha Agnihotri

Malaysia jails 8 Indonesians for hijacking oil tanker last year

Triyards Holdings gets US$9.1 mln demand letter from lenders

Engineering company Triyards Holdings on Friday said it received demand letters from two of its lenders for about US$9.1 million.

Oct 27, 2017

By Aastha Agnihotri

Singapore's SGX wooing Saudi Aramco's secondary listing - Report

Singapore Exchange chief bullish on winning world's biggest IPO: report

Singapore Exchange's chief executive officer said his company is still in the running to win a listing of the shares of oil giant Aramco, Bloomberg reported on Friday.

Oct 27, 2017

By Aastha Agnihotri

GLP says independent adviser finds privatisation bid 'fair and reasonable'

Global Logistic Properties (GLP) on Friday said its independent financial adviser has deemed a proposed privatisation to be fair and reasonable.

Oct 27, 2017

By Aastha Agnihotri

Palm oil maker IndoAgri's quarterly profit drops 37%

Indofood Agri Resources, a maker of edible oils and fats products in Indonesia, on Friday reported a 37 percent fall in third-quarter profit.

Oct 27, 2017

By Aastha Agnihotri

Yoma Strategic Q2 profit plunges on absence of telecom tower gains

The Myanmar-based conglomerate Yoma Strategic Holdings on Friday reported a near 57 percent slump in second-quarter net profit.

Oct 27, 2017

By Aastha Agnihotri

Singapore "haze" crisis improves, returns to moderate range

CDL Hospitality quarterly distribution falls on rights issue

CDL Hospitality on Friday reported a 3 percent fall in distribution per stapled security, reflecting the effects of a rights issue completed in August.

Oct 27, 2017

By Aastha Agnihotri

UnUsUaL to showcase 'Disney On Ice' shows in Korea, Taiwan

Event organiser UnUsUaL Ltd on Thursday said its unit UnUsUaL Entertainment signed letters of intent with Feld Entertainment to jointly present "Disney On Ice" shows in Korea and Taiwan.

Oct 26, 2017

By Aastha Agnihotri

Yang Kee Logistics to buy New Zealand's Fliway for S$52.1 mln

Singapore's Yang Kee Logistics said it entered into an agreement to buy New Zealand-listed logistics firm Fliway Group for S$52.1 million.

Oct 26, 2017

By Aastha Agnihotri

Tung Lok Restaurants warns on first-half profit

Tung Lok Restaurants said it is expected to report a net loss for the half-year ended September 30 citing fall in revenue.

Oct 26, 2017

By Aastha Agnihotri

Jaya Holdings to liquidate and delist from SGX

Jaya Holdings, which builds, manages and charters ships, said it will convene a board meeting for the proposed voluntary liquidation of the firm.

Oct 26, 2017

By Aastha Agnihotri

Keppel sells stake in Keppel Cove project for S$597 mln

Keppel Land China, a unit of Keppel Land, on Thursday said it will sell its entire stake in a Chinese waterfront residential and recreational development for about 2.9 billion yuan.

Oct 26, 2017

By Aastha Agnihotri