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SPH Reit prices S$3m in 4.1% perpetual securities, Companies & Markets

SPH Reit prices S$3m in 4.1% perpetual securities, Companies & Markets

Fri, Aug 23, 2019 – 8:25 PM RETAIL landlord SPH Reit has priced its offering of S$3 million of 4.1 per cent subordinated perpetual securities, under its S$1 billion multicurrency debt issuance programme announced on Wednesday. The…

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Cordlife extends presence to Bangladesh with appointment of marketing agent, Companies & Markets

Cordlife extends presence to Bangladesh with appointment of marketing agent, Companies & Markets

Fri, Aug 23, 2019 – 4:07 PM MAINBOARD-LISTED Cordlife Group said on Friday that its subsidiary Cordlife Sciences (India) has appointed Cordcell Bangladesh as its marketing agent to extend its presence to Bangladesh. Cordcell is…

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Social responsibility won’t save corporate America, Opinion

Social responsibility won’t save corporate America, Opinion

Fri, Aug 23, 2019 – 5:50 AM Washington WE’VE been here before: one of those portentous moments when corporate America promises to be more socially “responsible”. These episodes are, it seems, a permanent feature of…

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CapitaLand unit prices S$800m 10-year notes at 3.15% , Banking & Finance

CapitaLand unit prices S$800m 10-year notes at 3.15% , Banking & Finance

Fri, Aug 23, 2019 – 1:47 PM A UNIT of CapitaLand has closed the order book for S$800 million of 10-year notes, with the order book recording about S$1.4 billion from over 65 accounts which…

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Ayondo in convertible note deals worth up to S$9.9m; granted extensions to release Q2, Q3 results, Companies & Markets

Ayondo in convertible note deals worth up to S$9.9m; granted extensions to release Q2, Q3 results, Companies & Markets

Fri, Aug 23, 2019 – 12:53 PM CATALIST-LISTED Ayondo on Thursday entered into three convertible note agreements worth up to S$9.9 million. Two of the deals are with partner Golden Nugget Jinzhuan Limited and one…

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Cautious trading ahead of Jackson Hole

Cautious trading ahead of Jackson Hole

MINUTES from the US Federal Reserve’s meeting in July may have cast a pall on sentiment from those expecting the US central bank to be outwardly dovish – but its effect was limited in the…

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Sakae warns of fiscal 2019 loss on S$3.2m impairment charge, Companies & Markets

Sakae warns of fiscal 2019 loss on S$3.2m impairment charge, Companies & Markets

Fri, Aug 23, 2019 – 8:13 AM SAKAE Holdings expects to record a loss for the financial year ended June 30, largely from a goodwill impairment of S$3.2 million in connection with its purchase of…

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Frasers Property to redeem S$600m 4.88% perpetual bonds on Sept 24, Companies & Markets

Frasers Property to redeem S$600m 4.88% perpetual bonds on Sept 24, Companies & Markets

Fri, Aug 23, 2019 – 9:01 AM FRASERS Property said on Friday that it is redeeming S$600 million of 4.88 per cent subordinated perpetual bonds issued in 2014 that were also the biggest sale that…

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China plays fast catch-up with the global ESG wave, Opinion

China plays fast catch-up with the global ESG wave, Opinion

Fri, Aug 23, 2019 – 5:50 AM THE environmental, social and governance (ESG) movement has swept the globe, being transformed from a luxury toy of the ethically engaged to a pillar of mainstream investment practice.…

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US$3.7m claim against unit to hit Baker Tech’s profitability, Companies & Markets

US$3.7m claim against unit to hit Baker Tech’s profitability, Companies & Markets

Fri, Aug 23, 2019 – 8:23 AM OILFIELD services provider Baker Technology on Friday said that a claim of about US$3.7 million against its subsidiary, CH Offshore, will have a material impact on the company’s cash…

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