Million
Switzerland’s Sulzer opens S$10 million R&D facility in Singapore
SWISS fluid and chemical engineering company Sulzer has opened a new research and development (R&D) facility in Singapore, its first one in Asia-Pacific and the second outside of Switzerland....
Adani storms into bond market with a US$409 million sale
ADANI Group saw huge demand for its first public bond sale since a report last year by short seller Hindenburg Research, in yet another sign that the Indian conglomerate...
Aviva re-enters Lloyd’s market with US$300 million acquisition
BRITISH insurer Aviva said on Monday (Mar 4) it has re-entered the Lloyd’s insurance market with a US$307 million acquisition of insurance platform Probitas. The deal includes taking over...
Olam Agri acquires feed producer in Senegal for 17 million euros
OLAM Group’s 64.5 per cent-owned subsidiary Olam Agri has acquired Avisen, a major feed supplier in Senegal, for 17 million euros (S$24.8 million), the group said on Monday (Mar...
Elite Commercial Reit secures £135 million debt facilities
ELITE Commercial Real Estate Investment Trust (Reit) has obtained a committed offer for debt facilities of up to £135 million (S$229.7 million) from a group of financial institutions. At...
TA Corp H2 net profit up 9% to S$11.7 million
PROPERTY and construction company TA Corporation posted a 9 per cent rise in net profit to S$11.7 million for its second half ended Dec 31, 2023, from S$10.8 million...
Singapore to spend up to S$500 million on AI compute, S$27 million on AI training for students
SINGAPORE will invest up to S$500 million in high-performance compute resources to support artificial intelligence (AI) innovation and capacity building, said Senior Minister of State for Communications and Information...
PropertyGuru reports S$1.1 million net profit in Q4 amid higher Singapore revenue
ONLINE property portal PropertyGuru posted a net income of S$1.1 million for the fourth quarter ended December, reversing from a net loss of S$5.2 million a year prior and...
