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Sembcorp Industries unit forms JV with Japanese property firm

Updates from Singapore Business Review: Sembcorp Industries unit forms JV with Japanese property firm Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Sembcorp Infra Holdings was incorporated with an issued capital of $139,267. Sembcorp Development, a wholly-owned urban business of Sembcorp Industries, formed a joint venture (JV) with Japanese property firm CRE [...]

By | July 6th, 2020|business news, News|Comments Off on Sembcorp Industries unit forms JV with Japanese property firm

Temasek, Google in talks to fund Indonesia’s Tokopedia

Updates from Singapore Business Review: Temasek, Google in talks to fund Indonesia's Tokopedia Uploaded By:  Clarist Zablan Submitted By:  Clarist Zablan Case Study:  No The e-commerce firm has previously held talks with US internet giants. Google and Temasek are in negotiations to join a funding round of between $696.4m (US$500m) and $1.39b (US$1b) for Indonesian [...]

By | July 6th, 2020|business news, News|Comments Off on Temasek, Google in talks to fund Indonesia’s Tokopedia

Sembmarine CEO named co-chair of maritime decarbonisation panel

Singapore Business Times (companies-markets): Sembmarine CEO named co-chair of maritime decarbonisation panel SEMBCORP Marine (Sembmarine) president and chief executive officer Wong Weng Sun has been appointed co-chair of the International Advisory Panel on Maritime Decarbonisation (IAP).

By | July 6th, 2020|business news, News|Comments Off on Sembmarine CEO named co-chair of maritime decarbonisation panel

MAS, CAD issue joint probe on Citadelle, Senjo over Wirecard mishap

Updates from Singapore Business Review: MAS, CAD issue joint probe on Citadelle, Senjo over Wirecard mishap Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Both firms are also being probed over carrying on a trust business without a licence. The Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary [...]

By | July 6th, 2020|business news, News|Comments Off on MAS, CAD issue joint probe on Citadelle, Senjo over Wirecard mishap

Singaporeans to pursue online banking even after the pandemic: survey

Updates from Singapore Business Review: Singaporeans to pursue online banking even after the pandemic: survey Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No This includes older Singaporeans who have adapted to more online services. Increased comfort with digital services looks likely to remain beyond the pandemic, with 80% of Singaporeans agreeing they [...]

By | July 6th, 2020|business news, News|Comments Off on Singaporeans to pursue online banking even after the pandemic: survey

AnAn unit proposes acquisition of French petrol products distributor for 4m euros

Singapore Business Times (companies-markets): AnAn unit proposes acquisition of French petrol products distributor for 4m euros A UNIT of fuel oil trader AnAn International on Thursday proposed to acquire Orceyre, a French distributor of refined petroleum products, for about four million euros (S$6.3 million), the mainboard-listed company said in a bourse filing late on Friday.

By | July 6th, 2020|business news, News|Comments Off on AnAn unit proposes acquisition of French petrol products distributor for 4m euros

Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m

Updates from Singapore Business Review: Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No It will continue to own 75% stake in AustAsia. Japfa has closed the sale of 25% share capital in AustAsia Investment Holdings to Meiji for a total cash [...]

By | July 6th, 2020|business news, News|Comments Off on Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m

Golden Energy sells 0.95% stake in Australian gold miner for A$9m

Singapore Business Times (companies-markets): Golden Energy sells 0.95% stake in Australian gold miner for A$9m MAINBOARD-LISTED mining company Golden Energy and Resources (Gear) has completed an on-market sale to dispose of a 0.95 per cent interest in Australia-listed gold miner Westgold Resources for A$9 million (S$8.7 million) in cash.

By | July 6th, 2020|business news, News|Comments Off on Golden Energy sells 0.95% stake in Australian gold miner for A$9m

Q&M buys Covid-19 test kits, related business

Singapore Business Times (companies-markets): Q&M buys Covid-19 test kits, related business A WHOLLY-OWNED subsidiary of Q&M Dental Group on Friday completed its acquisition of Covid-19 test kits and related business from biotech company Acumen Research Laboratories (ARL), Q&M said in a bourse filing late on Sunday.

By | July 6th, 2020|business news, News|Comments Off on Q&M buys Covid-19 test kits, related business

Japfa completes China dairy unit stake sale to Meiji for US$254.4m

Singapore Business Times (companies-markets): Japfa completes China dairy unit stake sale to Meiji for US$254.4m AGRI-FOOD company Japfa on Friday closed the sale of a 25 per cent stake in AustAsia Investment Holdings, which operates the group's dairy farming business in China, to Japan's Meiji.

By | July 6th, 2020|business news, News|Comments Off on Japfa completes China dairy unit stake sale to Meiji for US$254.4m