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MindChamps inks deal with China First, Hillhouse ahead of IPO

MindChamps Preschool on Wednesday signed agreements with investment firms China First Capital Group and Hillhouse Capital ahead of its planned initial public offering (IPO) on the mainboard of the Singapore Exchange.

Oct 25, 2017

By Aastha Agnihotri

Indian banks rally on record $32 bln capital injection

India's state-run banks surged between 20 percent to 35 percent on Wednesday after the government pledged to inject record 2.11 trillion rupees ($32 billion) of capital into the lenders to revive credit growth.

Oct 25, 2017

By Aastha Agnihotri

5 things you need to know about Infosys results

Infosys, India's second largest software services company by revenue, reported its September quarter results on Tuesday.

Oct 25, 2017

By Aastha Agnihotri

Changi Airport conducts dress rehearsal ahead of Terminal 4 opening

Changi Airport Group (CAG) said it conducted its full dress rehearsal for Terminal 4 as it prepared to commence operations at the terminal on October 31.

Oct 25, 2017

By Aastha Agnihotri

Frasers Centrepoint Trust Q4 DPU rises 5.5%

Frasers Centrepoint Trust, a real estate investment trust, on Wednesday reported a 5.5 percent in fourth-quarter distribution per unit.

Oct 25, 2017

By Aastha Agnihotri

Mapletree Industrial forms JV to buy data centers worth S$1 bln

Mapletree Industrial Trust (MIT) on Tuesday formed a joint venture with Mapletree Investments to buy a portfolio of 14 data centres located in the U.S. for US$750 million (about S$1 billion).

Oct 24, 2017

By Aastha Agnihotri

Keppel Logistics eyes online growth via UrbanFox launch

Keppel Logistics on Tuesday launched an integrated logistics brand called UrbanFox to tap the growing popularity of e-commerce.

Oct 24, 2017

By Aastha Agnihotri

Marco Polo Marine requests haircut from bondholders to settle debt

Integrated shipping company Marco Polo Marine is seeking noteholders' approval to take a haircut and waive key obligations for a S$50 million series of 5.75 percent notes due 2016.

Oct 24, 2017

By Aastha Agnihotri

Insurer Great Eastern Holdings Q3 profit rises

Life insurance company Great Eastern Holdings on Tuesday reported a 21 percent jump in third-quarter net profit.

Oct 24, 2017

By Aastha Agnihotri

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines signs $13.8 bln deal with Boeing

Singapore Airlines on Tuesday formally agreed to a previously announced deal with Boeing for the purchase of its 39 aircraft worth $13.8 billion during a White House event with Singapore's prime minister.

Oct 24, 2017

By Aastha Agnihotri

Ascott in tie-up with Tujia, targets 2,000 units in China

Ascott Residence quarterly DPU slips, shares drop

Ascott Residence Trust, a serviced residence real estate investment trust, on Tuesday reported a 28 percent drop in third-quarter distribution per unit.

Oct 24, 2017

By Aastha Agnihotri

Builder Soilbuild Construction warns on Q3 profit

Soilbuild Construction Group on Monday warned on third-quarter profit, citing lower revenue and bump up in costs.

Oct 23, 2017

By Aastha Agnihotri

CapitaLand Retail China Trust Management ekes out 0.4% gain in Q3 DPU

CapitaLand Retail China Trust Management on Monday reported a 0.4 percent rise in third-quarter distribution per unit (DPU).

Oct 23, 2017

By Aastha Agnihotri

Singapore's iX Biopharma gets European patent for WaferiX technology

Specialty pharmaceutical firm iX Biopharma on Monday secured European patent for its WaferiX drug delivery technology.

Oct 23, 2017

By Aastha Agnihotri

Singapore stocks rally to over 2-year high

Singapore stocks gained on Monday, led by lenders such as DBS Group and OCBC Bank, with Japanese advancing to two-decade high as an election win for Shinzo Abe's ruling bloc paved way for a continuation of loose monetary policy.

Oct 23, 2017

By Aastha Agnihotri