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SGX
IPO
Nanofilm makes strong trading debut, market cap hits nearly $2 billion
Nanofilm opened at $2.77 and reached as high as $3.02
October 30, 2020
REITs
Unitholders of Starhill Global REIT may now opt to receive new units instead of cash through distribution reinvestment plan
The DRP was established on Oct 28. It has been approved by unitholders at the annual general meeting (AGM) held on the same day.
October 28, 2020
Company in the news
Aspen applies to transfer listing to mainboard
The company, by doing so, wants to raise its visibility
October 26, 2020
Company in the news
UG Healthcare appoints executive director as COO
Lee is the son of UG Healthcare’s executive director and CEO Lee Keck Keong and controlling shareholder Sim Ai Cheng.
October 21, 2020
Company in the news
Citing disagreements over investment in China, Kwek Leng Peck quits CDL's board
CDL has committed a total of $1.9 billion to support Sincere Property Group, in which it holds a 51% stake
October 21, 2020
Aviation & Engineering
Cathay Pacific to let go of 5,900 employees under restructuring process
The restructuring will cost the airline some HK$2.2 billion ($385.3 million).
October 21, 2020
REITs
Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit
The private placement was approximately 5.5 times covered including the upsize option.
October 21, 2020
M&A
SingPost acquires 38% stake in Australian freight company for $84.1 mil
SingPost says the acquisition is “in line with” its group strategy.
October 19, 2020
Company in the news
SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk
The bankruptcy was filed back in July 30
October 12, 2020
Offshore & Marine
Keppel O&M secures $600 mil contract in the offshore renewable energy industry
The contract is said to be "in line" with Keppel's Vision 2030.
October 09, 2020