Company News – Latest Companies news and Analysis IBTimes Singapore

Singapore's Raffles Education slumps 8%, here's why

Raffles Education Corp, an operator of colleges and universities, said its chairman had been approached by various parties regarding his shareholding but no agreement has been reached.

Sep 21, 2017

By Aastha Agnihotri

CapitaLand Commercial Trust requests trading halt pending announcement

CapitaLand Commercial Trust on Thursday requested for a trading halt pending the release of an announcement.

Sep 21, 2017

By Aastha Agnihotri

Great Eastern assessing options for stake sale in Malaysian unit

Great Eastern Holdings on Thursday said "it is assessing possible options" in reponse to media reports suggesting that the life insurance company is mulling to divest its stake in Malaysia operations.

Sep 21, 2017

By Aastha Agnihotri

Singapore's Great Eastern eyeing US$1 bln stake sale in Malaysian units: report

Life insurance company Great Eastern Holdings is mulling to divest its stake in Malaysia operations for US$1 billion, the Wall Street Journal reported on Tuesday.

Sep 20, 2017

By Aastha Agnihotri

Perennial-Yanlord ordinary share offer for United Engineers lapses

The takeover offer by Perennial-Yanlord consortium for the ordinary shares of United Engineers (UE) lapsed on Tuesday as there were few takers.

Sep 20, 2017

By Aastha Agnihotri

ST Engineering injects S$7.8 mln in U.S.-based cyber security startup

ST Engineering said it invested US$5.8 million (about S$7.8 million) for a minority stake in U.S.-based cyber security provider Janus Technologies Inc.

Sep 20, 2017

By Aastha Agnihotri

Keppel Land buys prime property in Indonesia for S$60 mln

Singapore's Keppel Land, a unit of conglomerate Keppel Group, on Tuesday said it acquired a prime site in Jakarta's central business district for 586 billion Indonesian rupiah (about S$60 million).

Sep 19, 2017

By Aastha Agnihotri

Aung San Suu Kyi breaks silence on Rohingya crisis

In an televised address Aung San Suu Kyi condemned all human rights violations in regards to the violent clashes in the Rakhine state that has seen over 400,000 minority Rohingya flee to Bangladesh. The defacto leader had previously been criticised for not speaking out. She stated she did not fear international scrutiny and wanted to find out why the Rohingya were leaving. Suu Kyi said she was committed to the restoration of peace and stability and the rule of law.

Sep 19, 2017

By Staff Reporter

Toys R Us files for bankruptcy

The largest toy store chain in the US, Toys R Us, has filed for bankruptcy protection. The chain has been facing pressure from online retailers and discount stores in recent years, and this latest move casts doubt on the future of thousands of staff, and their stores across the US and Canada.

Sep 19, 2017

By Staff Reporter

SGX commences trading under iron ore futures indices

A statement by the SGX said SGX Iron Futures Indices is a suite of inverse and leveraged indices calculated off the SGX TSI Iron Ore CFR China Index Futures.

Sep 19, 2017

By Peter Del Rosario

IPC Corp forays into artificial intelligence; stock surges 71%

Investment holding firm IPC Corp said it signed agreement with Xinyuan China Real Estate Co for the acquisition of 51 percent stake in Beijing iJourney Technology.

Sep 19, 2017

By Aastha Agnihotri

Artificial intelligence

SembMarine to build compressed gas liquid carriers with U.S.-based SeaOne

Sembcorp Marine said its unit signed a letter of intent with the U.S.-based SeaOne for the construction of compressed gas liquid carriers.

Sep 19, 2017

By Aastha Agnihotri

CCTV appears to show Parsons Green bomb suspect

CCTV footage appears to show images of the Parsons Green bomb suspect on his way to plant the device. The images were filmed in Sunbury, where a home was under police investigation.

Sep 18, 2017

By Staff Reporter

Billionaire Peter Lim backed Rowsley appoints new CEO

Billionaire Peter Lim backed real estate services provider Rowsley on Monday said it appointed Tan Wee Tuck as chief executive officer with immediate effect.

Sep 18, 2017

By Aastha Agnihotri

Alec Baldwin offers Emmy win to President Trump

Alec Baldwin won best supporting actor in a comedy series at the 2017 Emmy Awards.He was awarded the accolade for his Saturday Night Live Parody of President Donald Trump.In his acceptance speech he joked At long last, Mr. President, here is your Emmy.

Sep 18, 2017

By Staff Reporter