News

SIAS clears Parkway directors over independence issue

In an extraordinary press conference, SIAS president David Gerald said Parkway independent director Richard Seow had acted correctly within the law, but asked that authorities review the laws pertaining to independent directors.

SIAS clears Parkway directors over independence issue

In an extraordinary press conference, SIAS president David Gerald said Parkway independent director Richard Seow had acted correctly within the law, but asked that authorities review the laws pertaining to independent directors.

Wilmar buys Sucrogen Limited for A$1.75bln

Top agribusiness group ventures into the sugar business with the acquisition of Sucrogen Limited, the largest raw sugar producer in Australia.

Cascal to remain neutral on Sembcorp offer

Cascal Board of Directors say stockholders may not realise the value of their shares.

Straits Asia stands firm on claims regarding Jembayan failure

Extending help to Straits Asia are MSN Loss Management and Cunningham & Lindsey (C&L) as independent loss assessors.

Security trading slows down in June

This, despite Singapore Exchange (SGX) witnessing growth in its commodities and clearing businesses.

SIAS to get the real score straight from Parkway

Parkway agrees to meet with SIAS in a one time, big time chance to clear things up in the issue concerning Parkway, Fortis and Khazanah.

80,000 expected at Marina Bay waterfront promenade's opening

Prime Minister Lee Hsien Loong will attend the opening event on 17 and 18 July to be organised by the Urban Redevelopment Authority (URA).

Parkway asks BT to stop implying

Singapore's leading healthcare operator said the Business Times article does not capture concerned parties' key point obligations in the agreement.

Buyers frustrated as residential property prices reach record high

But analysts say property prices may soften in the next few months due to falling sales volume.

HSBC snaps Clarke Quay from CapitaMalls

Property giant CapitaMalls Asia Limited announced on Thursday that the transaction with a subsidiary of HSBC has been completed.

UOL Group borrows S$1bln for refinancing

The property developer aims to raise funds with the billion dollar loan.

IE and Henan province team up for eco-projects

IE Singapore signed a Memorandum of Understanding (MOU) with the Henan Provincial Bureau of Commerce in Zhengzhou, capital city of Henan.

COSCO confirms carrier delivery to Europe

The Singapore-based shipping company announces on Thursday that it has delivered “Chang Shan Hai” and one unit of tender support jack-up rig.

CapitaLand expands assets in Australia

The Singapore realty giant goes down under with the opening of Citadines Melbourne in Victoria on 1 July.

Grade A space in Singapore in short supply

Jones Lang La Salle said opportunities are not in Grade A spaces but to be found in Grade B and suburban markets.

SGX appoints Gan, Ramaswami as Co-Presidents

Singapore Exchange (SGX) announced on Wednesday a new organisation to better capitalise on emerging Asian opportunities in the global financial markets.

StorHub demands more time to seek approvals

Cap Store Pte Ltd and Hersing Store Pte Ltd have rescheduled the completion of its Storhub acquisition from 30 June 2010 to 31 July 2010.