Cash
Broadway Industrial Group receives privatisation offer with S$0.197 per share cash option
ENGINEERING solutions provider Patec Group has made a mandatory conditional cash offer to take Broadway Industrial Group private at S$0.197 in cash a share, it was announced on Monday...
Thames Water seeks £3 billion from creditors on urgent cash needs
THAMES Water Utilities seeks to raise up to £3 billion (S$5.1 billion) from its creditors to buy the company more time to avoid going into special administration early next...
Israel Unveils Hezbollah’s Secret Bunker with Millions in Cash and Gold Under Beirut Hospital
Israel has declassified intelligence that exposes a secret Hezbollah financial hub hidden beneath Al-Sahel Hospital in Beirut. The Israel Defense Forces (IDF) claim the bunker contains hundreds of millions...
Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their...
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention centre next to...
Thames Water hit by more rating agency downgrades as cash crunch looms
If a majority of its creditors cannot agree on releasing reserves early, the company could come to a standstill at the end of DecemberTHAMES Water’s debt was further downgraded...
Estate of Dyna-Mac’s founding shareholder says voluntary conditional cash offer not compelling
DYNA-MAC’S single-largest shareholder, the estate of founder Desmond Lim, said the voluntary conditional offer of S$0.60 a share by South Korean company Hanwha is not compelling.
On Monday (Sep...
Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
BOEING is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Sep 13 including considering temporary furloughs for many employees, managers...
