Articles by Aastha Agnihotri

Geo Energy makes foray into Indonesian e-commerce biz

Coal miner Geo Energy Resources on Tuesday said it has formed a new subsidiary to invest in a controlling stake in an online e-commerce portal in Indonesia.

Aug 29, 2017

Keppel Corp's unit to issue S$150 mln worth of 2.843% notes due 2023

Singaporean conglomerate Keppel Corp said its Keppel Land has priced S$150 million worth of 2.843 percent notes due 2023.

Aug 29, 2017

Perennial, Yanlord extend United Engineers' offer to Sept 12

A consortium led by Singapore-listed property developers Perennial Real Estate Holdings and Yanlord Land Group have extended their takeover offer for United Engineers (UE) to September 12.

Aug 29, 2017

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Fragrance Group property purchase to Micro-Mechanics profit surge, get your daily dose of all the latest in the world of business right here.

Aug 28, 2017

Singapore's CapitaLand shuffles management deck

Property developer CapitaLand on Monday announced a slew of management changes, which will take effect from January 1, 2018.

Aug 28, 2017

Indian shares advance; Infosys climbs as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys after the country's second-largest software exporter named former CEO and co-founder Nandan Nilekani as its new chairman.

Aug 28, 2017

Singapore's Fragrance Group buys UK's Townhouse Hotel for 12.5 mln stg

Property developer Fragrance Group on Monday said it has acquired the Townhouse Hotel in United Kingdom for 12.5 million sterling.

Aug 28, 2017

Singapore stocks edge higher; lenders gain

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings.

Aug 28, 2017

Micro-Mechanics Q4 profit jumps; declares special dividend

Precision tools maker Micro-Mechanics Holdings on Monday reported a 61 percent jump in fourth-quarter net profit, sending its shares up as much as 6.2 percent.

Aug 28, 2017

Indian shares gain; Infosys rallies as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys.

Aug 28, 2017

SGX drifts higher; Hurricane Harvey's impact eyed

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings, but mood remained somber as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers.

Aug 28, 2017

ST Engineering buys repair assets in U.S. for S$34 mln

ST Engineering said it acquired selected rig repair assets from World Marine of Mississippi in the United States for about S$34 million.

Aug 28, 2017

GuocoLand Q4 profit surges as home sales bump up

Property developer GuocoLand reported a six-fold jump in fourth-quarter net profit, driven by higher residential sales and progressive revenue recognition from residential projects in Singapore.

Aug 28, 2017

Tiong Seng, Ocean Sky unit buys Sloane Court Hotel for S$80.5 mln

TSky Development said it had entered into a deal to buy Sloane Court Hotel at 17 Balmoral Road and lot 99899P of town sub division 26 for S$80.5 million.

Aug 28, 2017

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Keppel Corp order win to Cromwell REIT IPO nod, get your daily dose of all the latest in the world of business right here.

Aug 24, 2017

Indian shares steady ahead of global central bankers meet

Indian shares ended little changed on Thursday as gains in IT stocks such as Infosys offset losses in realty shares.

Aug 24, 2017

Singapore stocks edge higher; Jackson Hole in focus

Singapore stocks edged higher on Thursday, led by gains in Keppel Corp after new order win, but caution remained ahead of the global central bankers meeting later in the day.

Aug 24, 2017

Cromwell REIT gets Singapore Exchange approval for S$1.6 bln IPO

Cromwell European Real Estate Investment Trust (CEREIT) on Thursday said it received nod from Singapore Exchange for a proposed initial public offering of S$1.6 billion.

Aug 24, 2017

Indian shares ekes out gain; Infosys rallies

Indian shares edged higher for a third day on Wednesday, tracking broader Asian shares, but caution remained ahead of the global central bankers meeting later this week.

Aug 24, 2017

Singapore shares up on Asia gains; Keppel Corp leads

Singapore stocks edged higher on Thursday, led by gains in Keppel Corp after new order win, but caution remained ahead of the global central bankers meeting later in the day.

Aug 24, 2017

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