Capital
Australian regulator increases capital add-on requirement for ANZ to A$750 million
AUSTRALIAN prudential regulator on Friday (Aug 23) said it has increased the capital add-on requirement for lender ANZ Group to A$750 million (S$658.5 million), reflecting escalating worries about the...
Food Empire to receive US$40 million from Ikhlas Capital under strategic partnership
The capital injection would go into a special-purpose vehicle owned by Food Empire, in exchange for five-year redeemable exchangeable notes at 5.5% annual interest FOOD Empire Holdings will receive...
Porsche agrees to provide capital in battery maker’s restructuring deal
GERMAN battery maker Varta said on Saturday (Aug 17) it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.The...
Shareholders at RE&S scheme meeting approve privatisation offer from Southern Capital Group unit
RE&S shareholders present at the group’s scheme meeting agreed to a proposed acquisition by Relish Investments that would take the company private, said the food services group on Thursday...
ESR-Logos Reit prices S$100 million perpetual capital securities at 6%
ESR-Logos Real Estate Investment Trust (Reit) priced S$100 million perpetual capital securities at 6 per cent, said its manager on Tuesday (Aug 13). This is in addition to the...
Income Insurance needs adequate capital in order to stay financially sustainable: NTUC
INCOME Insurance needs adequate capital in order to stay financially sustainable, National Trades Union Congress (NTUC) leaders said on Monday (Aug 5), following public unhappiness over its proposed sale...
Suntec Reit DPU falls 12.5% to S$0.03042 due to lack of capital distribution
SUNTEC Real Estate Investment Trust (Suntec Reit) recorded a distribution per unit (DPU) of S$0.03042 in the six months ended Jun 30, 2024, marking a 12.5 per cent fall...
Smaller boutique managers winning private capital with localised knowledge
They also offer advantages such as greater flexibility and good exposure to particular sectorsBETTER value, local networks and specialised knowledge. These are some of the reasons smaller private markets...
