Healthway: Gets New Lease Of Life, Agrees To Revised Convertible Notes Deal With Singapore PE Firm Gateway Partners.

23 Mar 2017 - ShareInvestor Express
Deal structure provides immediate as well as longer term capital to Healthway for sustainable growth. Proceeds from first tranche will fund immediate liquidity needs and enable Healthway to fully restore payment schedules for its doctors and suppliers. Gateway to appoint non-executive director to the ...

ST Engineering: Board & Board Committee Changes.

23 Mar 2017 - ShareInvestor Express
Singapore Technologies Engineering Ltd announced that Mr Koh Beng Seng and Mr Davinder Singh will be retiring as independent non-executive Directors of the Company at the 20th Annual General Meeting of the Company to be held on 21 April 2017. Their retirement accords with good corporate governance and ...

Wee Hur: Award Of S$22.8 Million PUB Construction Project.

23 Mar 2017 - ShareInvestor Express
Wee Hur Holdings Ltd.'s wholly-owned subsidiary, Wee Hur Construction Pte Ltd, has secured a S$22.8 million redevelopment of WaterHub project from PUB, Singapore's National Water Agency. The scope of the Project covers the erection of a 6-storey office block and additions and alterations to the existing ...

Keppel Land: To Collaborate On investment Opportunities With Vietnam's State Capital Investment Corporation.

23 Mar 2017 - ShareInvestor Express
Keppel Land Limited has signed a Memorandum of Understanding with Vietnam's State Capital Investment Corporation to collaborate on investment opportunities in Vietnam...

UOB gets preliminary nod to set up a foreign-owned subsidiary bank in Vietnam

23 Mar 2017 - Business Times Breaking News
UNITED Overseas Bank Limited (UOB) said on Thursday that it has received preliminary approval from the State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam. The State Bank of Vietnam has said it would issue UOB an in-principle approval for the licence by June 2017.

UOB: First Singapore Bank To Receive Preliminary Approval To Set Up A Foreign Owned Subsidiary Bank In Vietnam.

23 Mar 2017 - ShareInvestor Express
United Overseas Bank Limited received preliminary approval from the State Bank of Vietnam to establish a foreign-owned subsidiary bank in Vietnam. UOB will be the first Singapore bank to be granted a foreign-owned subsidiary bank licence. The announcement was made by the State Bank of Vietnam during ...

Sembcorp studying feasibility of building 8th Vietnam-Singapore Industrial Park

23 Mar 2017 - Business Times Breaking News
SEMBCORP Development is exploring the possibility of building another Vietnam-Singapore Industrial Park in Vietnam's Quang Tri province.If it does eventually materialise, this would be Sembcorp's eighth such industrial park in Vietnam.On Thursday in Hanoi, Sembcorp CEO Kelvin Teo inked a memorandum of ...

Healthway agrees to some changes to Gateway's convertible bonds deal

23 Mar 2017 - Business Times Breaking News
HEALTHWAY Medical Corp has agreed to certain amendments to its convertible bonds deal with Gateway Partners due to overall lower cost of funding and speed of disbursement of funds to address the company's immediate liquidity needs. The company has also requested for trading halt to be lifted.The proposed ...

Singapore's consumer prices rise for third consecutive month

23 Mar 2017 - Channel NewsAsia
SINGAPORE: Consumer prices in Singapore rose for the third straight month in February, due in part to increases in transport and education costs. The consumer price index (CPI) - a key measure of headline inflation - rose 0.7 per cent in February from a year ago, up from the previous month’s 0.6 per ...

Why ThaiBev must focus on becoming a "total beverage player"

23 Mar 2017 - Singapore Business Review
Its property arm is a non-core asset for the firm. The market had long been expecting a corporate restructuring of Thaibev’s estimated 28% stake in both F&N and FCL, according to CIMB. "That is, divesting its FCL stake and buying a bigger F&N stake. Management shared that the restructuring is expected ...