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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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UOB expands in Vietnam with Hanoi branch, Companies & Markets

UOB expands in Vietnam with Hanoi branch, Companies & Markets

At the official opening of UOB Hanoi branch are (from left) Jason Yeo, branch director, UOB Hanoi Branch, UOB; Vu Van Chung, deputy director, Foreign Investment Agency; Nguyen Minh Tuan, director, State Bank of Vietnam…

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Boustead unit wins S$100m energy contract in Europe, Companies & Markets

Boustead unit wins S$100m energy contract in Europe, Companies & Markets

Singapore BOUSTEAD Singapore’s subsidiary, Boustead International Heaters (BIH), has secured a contract worth about S$100 million from the oil & gas (O&G) industries.  The contract involves the design, engineering and supply of waste heat recovery units for…

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BT journalist Marissa Lee wins SGX Orb Award, Companies & Markets

BT journalist Marissa Lee wins SGX Orb Award, Companies & Markets

Singapore A JOURNALIST with The Business Times was among the winners in the second edition of the SGX (Singapore Exchange) Orb Awards, which honour efforts at delivering broader, deeper coverage of financial news. Marissa Lee…

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