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RHB says Suntec Reit unitholders should reject S$1.16 per unit offer, sees positives for the Reit
Offer price is a 44% discount to the trust’s net asset value per unit, notes the research houseRHB has recommended unitholders of Suntec Real Estate Investment Trust (Reit) to...
Sembcorp unit signs 10-year LNG supply deal with Chevron
The delivery of about 0.6 million tonnes of liquefied natural gas a year is expected to start in 2028A SEMBCORP Industries wholly-owned subsidiary, Sembcorp Fuels, has signed a 10-year...
Sembcorp unit inks second power purchase agreement with Equinix
It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolioSEMBCORP Industries’ wholly owned subsidiary, Sembcorp Power, has signed a second long-term...
Sats unit to shed stake in Saudi Arabia subsidiary for S$52.6 million
IN-FLIGHT caterer and ground handler Sats intends to divest 49 per cent of its interest in its Saudi Arabia cargo-handling subsidiary for S$52.6 million to a private limited company...
Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing...
Koh Brothers Eco unit wins S$77.6 million contract for upcoming Toa Payoh development
CATALIST-listed engineering solutions provider Koh Brothers Eco Engineering was awarded a S$77.6 million contract by Sport Singapore (SportSG) through its wholly owned subsidiary, Koh Brothers Building & Civil Engineering...
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on Tuesday (Nov 19). This comprises...
Fonterra to assess IPO as one option for consumer unit sale
FONTERRA Cooperative Group will go ahead with the sale process for its global consumer businesses, saying it will consider an initial public offering (IPO) and reiterating that a successful...
