Mainboard-listed yard group, Sembcorp Marine's unit PPL Shipyard has terminated two contracts worth about US$400 million with the subsidiaries of Malaysia's Perisai Petroleum Teknologi Bhd.
Singapore-based agribusiness giant Wilmar International said it bought 50 percent stake in Aalst Chocolate Pte in a bid to expand the business portfolio of chocolate ingredients in Asia.
Singapore-listed EMAS Offshore, a unit of Ezra Holdings, said it has started its restructuring process after signing a binding term sheet with potential investors.