ST Engineering: MINDEF Awards ST Kinetics Contract For Next Generation Armoured Fighting Vehicle.

22 Mar 2017 - ShareInvestor Express
Singapore Technologies Engineering Ltd's land systems arm, Singapore Technologies Kinetics Ltd, has been awarded a contract by the Ministry of Defence for the production and supply of the Next Generation Armoured Fighting Vehicle. Under the contract, ST Kinetics will also provide integrated logistics ...

YuuZoo: Buys Exclusive Option To Acquire The Holding Company Of Cinram.

22 Mar 2017 - ShareInvestor Express
The acquisition would give YuuZoo complete end-to-end e-Commerce capabilities in all major European markets including the much covered "Last Mile" delivery capabilities. As one of Europe's top companies in logistics, Cinram in 2016 posted revenues of SGD 261 million (EUR 173 million) with a 7.4 million ...

QT Vascular: Secures Up To S$20 Million Capital Commitment From GEM Global.

22 Mar 2017 - ShareInvestor Express
S$10 million capital commitment from GEM Global with an additional S$10 million on the same terms, at the Company's discretion...

Libra: Secures S$22.4 Million Worth Of New Contracts.

22 Mar 2017 - ShareInvestor Express
Libra Group Limited has secured approximately S$22,420,000 worth of new contracts...

TIH discloses possible change of control, but says price will be lower

22 Mar 2017 - Business Times Breaking News
ANOTHER restructuring might be on the way for listed private equity fund TIH Limited, which said on Wednesday morning that there are discussions that might lead to a change of control at the company.However, the price is likely to be lower than its last traded price.The structure of the transaction if ...

Singapore: CapitaLand, BlackRock in talks for Asia Square 2 asset

22 Mar 2017 - DealStreetAsia
Singapore’s largest developer CapitaLand is in exclusive talks to acquire the Asia Square Tower 2 in Singapore’s Marina Bay from top global asset manager BlackRock Real Estate Fund III, the Mingtiandi reported. Pegged at $2.34 billion, the 46-storey tower stands on 1,220,000 square foot (113,350 square ...

Singapore: QT Vascular secures $7m from GEM Global, has option to raise more

22 Mar 2017 - DealStreetAsia
Medical technology company QT Vascular Ltd. on Tuesday announced that New York-based private alternative investment group GEM Global has agreed to provide it S$10 million ($7 million) in funding over the next 30 months. GEM Global will route the investment through its GEM Global Yield Fund LLC SCS, QT ...

Chinese firm Mobike rolls into Singapore's bike-sharing market

22 Mar 2017 - Channel NewsAsia
SINGAPORE: Beijing-based company Mobike officially launched its bike-share services in Singapore on Tuesday (Mar 21), marking the firm's first expansion out of China. Mobike now joins two other bike-share providers - local start-up oBike and China-based Ofo - who are both currently operating in Singapore. ...

Mapletree raises $535m for Student Accommodation Private Trust

22 Mar 2017 - DealStreetAsia
Singapore-listed Mapletree Investments Pte Ltd said it had successfully raised $535 million for its Mapletree Global Student Accommodation Private Trust (MGSA P-Trust). The first Singapore-based trust that focuses on the student accommodation sector, which has shown itself to be resilient and strong-yielding, ...

SIA's cargo arm ready to make S$111.8m financial provision

22 Mar 2017 - Singapore Business Review
In case the airline does not appeal the European Commission’s fine. Singapore Airlines (SIA) on Monday announced that its cargo arm may make a financial provision of S$111.8m for FY17 as a result of a EUR74.8m (S$113m) fine imposed by the European Commission (EC), according to OCBC. After having this ...