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UOL Group sells Pan Pacific Suzhou unit, will continue to run hotel, Companies & Markets

UOL Group sells Pan Pacific Suzhou unit, will continue to run hotel, Companies & Markets

Fri, Aug 23, 2019 – 8:11 PM UOL Group is selling China unit Suzhou Wugong Hotel Co (SWHC), which owns the Pan Pacific Suzhou hotel, it announced on Friday. “Prior to completion, the company’s hospitality…

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SPH Reit prices S$300m in 4.1% perpetual securities, Companies & Markets

SPH Reit prices S$300m in 4.1% perpetual securities, Companies & Markets

Fri, Aug 23, 2019 – 8:25 PM RETAIL landlord SPH Reit has priced its offering of S$300 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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Pine Capital’s Greater China chief exits after ACPAM board removal, Companies & Markets

Pine Capital’s Greater China chief exits after ACPAM board removal, Companies & Markets

Fri, Aug 23, 2019 – 10:53 PM PINE Capital Group has announced the cessation of Wang Meng as its head of Greater China with effect from Aug 19, with Mr Wang expressing concerns related to…

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GuocoLand posts 24% rise in Q4 net profit to S$183.7m, Companies & Markets

GuocoLand posts 24% rise in Q4 net profit to S$183.7m, Companies & Markets

Fri, Aug 23, 2019 – 9:47 PM GUOCOLAND’S net profit attributable to equity holders rose 24 per cent to S$183.7 million for the fourth quarter ended June 30, up from a restated S$147.5 million in…

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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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