Company News – Latest Companies news and Analysis IBTimes Singapore

City Developments requests trading halt pending announcement

Property developer City Developments on Monday requested for a trading halt pending the release of an announcement.

Oct 9, 2017

By Aastha Agnihotri

Donald Trump faces financial setback: Scottish Golf resorts suffer heavy losses

Oil price crash and currency costs are considered the major reasons behind the losses at Donald Trump's golf courses

Oct 9, 2017

By Nirmal Narayanan

Dove apologises for 'racist' Facebook ad

Skincare brand Dove apologised this weekend after publishing an advertisement on its Facebook page showing a black woman turning into a white woman.

Oct 9, 2017

By Aastha Agnihotri

Global Logistic Properties to delist from SGX by April 14

Global Logistic Properties (GLP), which was bought by a Chinese consortium for S$16 billion, said on Monday it received SGX approval to delist the company by April 14, 2018.

Oct 9, 2017

By Aastha Agnihotri

Keppel to list US REIT on Singapore Stock Exchange

Singapore conglomerate Keppel Corp said it received an eligibility-to-list letter from the SGX for the proposed initial public offering of a U.S. commercial real estate investment trust on the mainboard.

Oct 9, 2017

By Aastha Agnihotri

Oil rebounds after 8% fall as Iran says open to talks with Saudi Arabia

Sembcorp Marine's unit signs S$1.77 bln deal with Borr Drilling

Sembcorp Marine said its unit PPL Shipyard signed agreements for the sale of nine Pacific Class 400 jackup drilling rigs for about US$1.3 billion.

Oct 9, 2017

By Aastha Agnihotri

Noble clarifies to SGX on North America business sale

Commodity trader Noble Group on Monday said it will announce the consideration paid by Mercuria Energy America Inc for its unit after adjustments for closing date net working capital.

Oct 9, 2017

By Aastha Agnihotri

Elon Musk wants to save Puerto Rico with solar power

Much of Puerto Rico is still without power after The island was devastated by Hurricane Maria in September. But Tesla CEO Elon Musk says he can rebuild Puerto Ricos power grid with solar power.

Oct 7, 2017

By Staff Reporter

Elon musk

Watch: Trump repeatedly says Puerto Rico with a weird Spanish accent

President Trump said Puerto Rico with a spanish-sounding accent three times in a row while speaking during a Hispanic Heritage Month event.

Oct 7, 2017

By Staff Reporter

SIA Engineering teams up with Air India to provide aviation services

Aircraft maintenance company SIA Engineering on Friday said it would collaborate with Air India's subsidiary to provide maintenance, repair and overhaul services in India.

Oct 6, 2017

By Aastha Agnihotri

Soilbuild Construction wins S$50 contract from SB Waterfront

Builder Soilbuild Construction said it won a S$50 million contract by SB (Waterfront) Investment to erect a 7-storey single user general industrial factory development.

Oct 6, 2017

By Aastha Agnihotri

Chinese firm snap up Normanton Park for S$830.1 mln

Singapore's Normanton Park, a development near Science Park, was purchased by Chinese firm Kingsford Huray Development for S$830.1 million.

Oct 6, 2017

By Aastha Agnihotri

United Food to buy three Chinese agribusiness firms for S$24.5 mln

United Food Holdings, a producer and supplier of soybean products, said it would buy 80 percent stakes in each of three animal feed-related companies in China for 120 million yuan (S$24.5 million).

Oct 6, 2017

By Aastha Agnihotri

Singapore Airlines commences biggest internal overhaul: report

Singapore Airlines (SIA) has commenced a three-year turnaround plan to review work processes and operations companywide.

Oct 6, 2017

By Aastha Agnihotri

Embattled EMAS Offshore to re-start financial reporting

Singapore-listed EMAS Offshore, a unit of oilfield services firm Ezra Holdings, said on Thursday it expects to re-commence financial reporting around November amidst ongoing restructuring efforts.

Oct 5, 2017

By Aastha Agnihotri