SGX

GS Holdings subsidiary enters into joint venture to develop, franchise and manage several F&B brands - THE EDGE SINGAPORE

Deals, joint ventures & alliances

GS Holdings subsidiary enters into joint venture to develop, franchise and manage several F&B brands

The JV company will be incorporated in Singapore with an issued and paid-up share capital of $20,000.
SPH REIT posts 4Q DPU of 0.54 cents, defers 0.52 cents DPU to FY2021 - THE EDGE SINGAPORE

Results

SPH REIT posts 4Q DPU of 0.54 cents, defers 0.52 cents DPU to FY2021

For the 2HFY20, the REIT posted DPU of 1.04 cents, 63.5% lower than the 2.85 cents in 2HFY19.
Nera Telecommunications files police report over misdirected remittance - THE EDGE SINGAPORE

Telecommunications

Nera Telecommunications files police report over misdirected remittance

The misdirected remittance was due to a fraudulent instruction by a party purporting to be a supplier.
Kim Heng Offshore & Marine Penjuru property sale will not be proceeding - THE EDGE SINGAPORE

Company in the news

Kim Heng Offshore & Marine Penjuru property sale will not be proceeding

The cancellation of the OTP is not expected to have any material adverse impact on the NTA or EPS of the company for this FY.
MAS and CAD arrests current and former directors and officers of EHT's managers - THE EDGE SINGAPORE

Company in the news

MAS and CAD arrest current and former directors and officers of EHT's managers

EHT says investigations are still ongoing and that none of the individuals have been charged for any offence.
NSG confirms chairman Goh is under CAD probe, appoints new CEO - THE EDGE SINGAPORE

Management & Corporate Governance

NSG confirms chairman Goh is under CAD probe, appoints new CEO

William Teo Thiam Chuan, NSG's finance director, is assisting in the investigation as well.
New Silkroutes Group and former executive director Oo under CAD probe - THE EDGE SINGAPORE

Management & Corporate Governance

New Silkroutes Group and former executive director Oo under CAD probe

Teho International named Oo's involvement in the CAD probes
First ETF under VCC structure launched - THE EDGE SINGAPORE

Funds

First ETF under VCC structure launched

CSOP Asset Management launches Chinese bond ETF as a sub-fund under a VCC structure

Markets

As global markets move towards a recovery, SGX reports 23% month-on drop in securities market

SGX market activity down 23% from June, but 5% higher than a year ago as markets move towards a recovery.

Broker's Calls

945 Brokers' Digest

Take a look at these three stocks this week: Jardine Matheson, Singtel, and SGX.
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