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 ...

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 ...

Daily Briefing: Alibaba and Lazada team up in Singapore; New phones for cash-strapped expats

23 Mar 2017 - Singapore Business Review
And here's what commuters need to know about surge pricing. From Bloomberg: Alibaba’s bringing its teeming Taobao internet marketplace to Singapore. Alibaba Group Holding Ltd. and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their ...

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 ...

CDL pops the champagne as sales momentum picked up

23 Mar 2017 - Singapore Business Review
It sold 20 home units in two days. City Developments (CDL) saw a healthy take-up of 20 residential units across its Singapore projects over the weekend, after a surprise easing of policy measures, according to RHB. A bulk of the sales came from its mass to mid-range projects. This is in line with RHB’s ...

YuuZoo to acquire Cinram Europe's holding company for 7.5m shares

22 Mar 2017 - Business Times Breaking News
SINGAPORE-LISTED YuuZoo Corporation has acquired an exclusive option to buy the holding company of Cinram Europe for 7.5 million YuuZoo shares.Cinram is one of the biggest logistics and distribution companies in Europe and the acquisition is from US-based 46 State Street LLC and an affiliate. The acquisition ...

SGX: Listed Companies Can Electronically Transmit Shareholder Documents.

22 Mar 2017 - ShareInvestor Express
Listed companies will soon be able to use electronic communication to transmit annual reports and other documents to shareholders...

Here's how the Ezra bankruptcy filing is impacting Triyards

22 Mar 2017 - Singapore Business Review
Lenders might demand immediate repayment. Following the bankruptcy filing announcement made by Triyards Holdings Limited's ultimate holding company, Ezra Holdings Limited, Triyards in an SGX filing said it will work closely with its financial institutions to ensure minimal or no disruption. To recall, ...

Loyz Energy has US$22.6m loans backed by vehicle of Ezra's CEO

22 Mar 2017 - Business Times Breaking News
LOYZ Energy said some US$22.6 million bank loans on its books are backed by corporate guarantees from an investment vehicle of Ezra Holdings' group chief executive and shareholder, Lionel Lee. The investment vehicle, Jit Sun, also holds in excess of 151 million shares representing about 9.9 per cent ...
594 5DN

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 ...