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Singapore's Neo in talks to buy fishcakes maker, Teochew noodles seller

Food catering firm Neo Group on Wednesday said it entered into an exclusive negotiation agreement with Jil & Yellowtail, Li Xin and two potential vendors to buy shares in Jil and Li Xin.

Nov 22, 2017

By Aastha Agnihotri

Lifebrandz shares gain in early trading, prompts SGX query

Shares in Lifebranz, which develops and manages brands in lifestyle-related sectors, gained as much as 2 percent to S$0.06 in early trading.

Nov 22, 2017

By Aastha Agnihotri

RE&S Holdings soars 64% above the IPO price on trading debut

Shares in Japanese restaurant group RE&S Holdings, which operates brands such as Kuishin Bo, jumped as much as 64 percent above the IPO price in Wednesday's debut.

Nov 22, 2017

By Aastha Agnihotri

Olam International Q1 net profit surges more than 200 percent

Olam founder bumps up stake for first time since 2012

Singapore-listed Olam International said its founder raised stake in the commodities trader for the first times in five years, restoring Kewalram Singapore's position as a substantial shareholder in Olam.

Nov 22, 2017

By Aastha Agnihotri

Singapore billionaire firm UOL takes control of SingLand

Property investor UOL Group said it acquired full control of its subsidiary Singapore Land through a mandatory unconditional cash offer of S$11.85 a share.

Nov 22, 2017

By Aastha Agnihotri

Alliance Mineral ropes in ex-Ernst & Young Australia director as CFO

Alliance Mineral Assets, an explorer and excavator of minerals, on Tuesday appointed Shaun Menezes as the chief financial officer, effective immediately.

Nov 21, 2017

By Aastha Agnihotri

Viva Industrial Trust to be part of MSCI Singapore Small Cap Index from Nov 30

Viva Industrial Trust, a Singapore-focused business park and industrial property trust, on Tuesday said it will be included in the MSCI Singapore Small Cap Index as of the close of November 30.

Nov 21, 2017

By Aastha Agnihotri

Changi Airport gears up for S$7 mln trial for remote air traffic control

The Civil Aviation Authority of Singapore on Tuesday said it has hired UK-based Air Traffic Management service provider NATS to develop a smart digital tower prototype to be trialled at Changi Airport.

Nov 21, 2017

By Aastha Agnihotri

Temasek hires Goldman executive to ramp up North America business

Singapore's Temasek sells S$2.4 mln stake in StarHub

Singapore state investor Temasek Holdings sold S$2.45 million worth of shares in telecoms service provider StarHub.

Nov 21, 2017

By Aastha Agnihotri

Fart ignites fire during operation in Japan; patient seriously burnt

OUE Lippo clarifies on media reports regarding Kuala Lumpur land sale

OUE Lippo Healthcare, which owns, manages, and operates hospitals and nursing facilities, on Tuesday clarified on media reports saying it hasn't yet reached a decision to sell a prime parcel of land in Kuala Lumpur.

Nov 21, 2017

By Aastha Agnihotri

Keppel gets in legal trouble for S$597 mln Chinese divestment

Conglomerate Keppel Corp's S$597 million divestment hit a roadblock on Tuesday after a minority shareholder of China marina project initiated legal proceedings in Singapore.

Nov 21, 2017

By Aastha Agnihotri

Wilmar buys Cargill's edible oil facilities in Malaysia

Singapore-based agribusiness giant Wilmar International on Monday said its unit entered into an agreement with Cargill Palm Plantation for the purchase of Cargill's edible oil facilities in Kuantan, Malaysia.

Nov 20, 2017

By Aastha Agnihotri

ST Engineering wins 15-year support contract for Gulf Air's new Boeing fleet

Singapore Technologies Engineering (ST Engineering) on Monday said its aerospace arm, Ltd won a 15-year contract for Boeing 787 aircraft component support by Gulf Air.

Nov 20, 2017

By Aastha Agnihotri

Singapore's DBS among banks in bid to buy Barclays' Asian wealth unit

DBS Bank, OCBC, UOB to use NETS QR code for cashless payments

Seven banks in Singapore, including DBS Bank, OCBC and United Overseas Bank will be offering cashless payments in Singapore via NETS' QR code platform by mid-2018.

Nov 20, 2017

By Aastha Agnihotri

Singapore "haze" crisis improves, returns to moderate range

ETC controlling shareholder seeks EGM to oust two existing directors

Emerging Towns & Cities Singapore (ETC) on Monday said controlling shareholder Luo Shandong has called for an extraordinary general meeting to replace two existing directors with his own nominees.

Nov 20, 2017

By Aastha Agnihotri