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Stocks in Singapore not affected by global recall of Lactalis baby milk: govt

Dairy products sold by Lactalis in Singapore are not affected by the global recall of French company's formula milk products, the Agri-Food and Veterinary Authority (AVA) said.

Dec 12, 2017

By Aastha Agnihotri

Infinio shares soar 50% as company explores fund raising options

Shares in Infinio Group jumped as much as 50 percent to S$0.003 on the Singapore Exchange on Tuesday.

Dec 12, 2017

By Aastha Agnihotri

Temasek invests in local medtech startup Advent Access

Singapore-based medtech company Advent Access has raised S$2.6 million from Temasek to advance the development and commercialisation of its patented av-Guardian technology.

Dec 12, 2017

By Aastha Agnihotri

Thai Beverage requests trading halt amidst reports co eyeing stake in Vietnam's Sabeco

Brewing group Thai Beverage on Tuesday requested for a trading halt on its shares pending the release of an announcement.

Dec 12, 2017

By Aastha Agnihotri

Singapore's Clearbridge Health seeks to raise S$24.6 mln via Catalist listing

Clearbridge Health plans to raise about S$24.6 million through its initial public offering on the Singapore Exchange (SGX) Catalist Board to build a healthcare business focused on precision medicine services.

Dec 12, 2017

By Aastha Agnihotri

EMAS Offshore gets $50 mln lifeline amidst restructuring efforts

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, entered into a revised term sheet with BT Investment (BTI) after terminating the prior term sheet last week.

Dec 12, 2017

By Aastha Agnihotri

Noble Group completes sale of U.S.-based coal unit for $34.5 mln

Embattled commodities trader Noble Group on Tuesday said it completed the sale of U.S.-based coal unit, MR Coal Marketing for US$34.5 million to an unnamed buyer.

Dec 12, 2017

By Aastha Agnihotri

Keppel Offshore wins orders worth S$130 mln from Petrobras, SOFEC

Keppel Offshore & Marine on Monday said its unit Keppel FELS Brasil and Keppel Shipyard secured projects worth S$130 million from repeat customers, Petrobras and SOFEC Inc.

Dec 11, 2017

By Aastha Agnihotri

Noble Group shares surge 13% amidst huge volume; Dec 15 deadline looms

Shares in the embattled commodities trader Noble Group jumped as much as 12 percent to S$0.14 on the Singapore Exchange on Monday.

Dec 11, 2017

By Aastha Agnihotri

Thai Beverage, others line up for Vietnam's Sabeco sale: report

Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are preparing to bid for a stake in Vietnam's largest brewer, Sabeco, Reuters reported on Sunday.

Dec 11, 2017

By Aastha Agnihotri

Hundreds of millions of people travel home for Chinese New Year causing a complete chaos [PHOTOS]

Singapore and Shandong to boost cooperation in education, healthcare

Singapore and Shandong have agreed to further increase trade and investments in the fields of mutual interest, such as education, healthcare and energy and petrochemicals.

Dec 11, 2017

By Aastha Agnihotri

China, Taiwan part of international recall of Lactalis baby formula milk

French baby-milk maker Lactalis and health authorities have ordered a major international product recall after the discovery of salmonella bacteria.

Dec 11, 2017

By Aastha Agnihotri

Fullerton Healthcare buys 60% stake in Philippine-based Intellicare

Singapore-based Fullerton Healthcare Corp on Monday said it entered into agreements to acquire a 60 percent stake in Philippine-based Intellicare Group.

Dec 11, 2017

By Aastha Agnihotri

ComfortDelGro jumps 4% after Uber deal, volume spikes

Shares in ComfortDelGro climbed as much as 4.2 percent to S$1.99 after the Singapore's largest taxi company entered into an agreement with U.S.-based ride-hailing firm Uber Technologies.

Dec 11, 2017

By Aastha Agnihotri

City Developments seals S$3.63 bln deal with London-listed hotelier M&C

London-listed hotel arm Millennium & Copthorne (M&C) Hotels agreed accepted about 2 billion pounds (S$3.63 billion) offer from its majority shareholder City Developments after an earlier bid was rebuffed by minority investors.

Dec 11, 2017

By Aastha Agnihotri