Markets & Investing

Global Marine Boiler and Engineering convicted of tax evasion

GMBE was ordered to pay a penalty of $421,282.08 and a fine of $8,000 for under-reporting profits amounting to $780,152 for YA 2008.

Global Marine Boiler and Engineering convicted of tax evasion

GMBE was ordered to pay a penalty of $421,282.08 and a fine of $8,000 for under-reporting profits amounting to $780,152 for YA 2008.

Temasek Trust appoints Jacqueline Wong as CEO

Ms Wong will help shape the institution as well as its strategic direction and its mission.

Merger between ASX and SGX is the best option going forward:SGX

The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.

Temasek and Government of Singapore Investment Corporation have recovered their pre-crisis values

Their objective is to achieve good long-term investment returns across economic cycles.

SGX February securities turnover up 32% to $31.5bn

Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.

Singapore Exchange proposes to list rubber futures on derivatives platform

This is part of SGX's plan to bring all commodities contracts onto one single trading platform.

Singapore Exchange lists Dyna-Mac Holdings to mainboard

Through the listing of Dyna-Mac Holdings, Singapore Exhchange boosts its maritime and offshore cluster.

SingTel priced US$600mn 10.5-year notes at 4.5%

The order book closed after registering approximately US$1.8 billion of interest and was oversubscribed by more than three times.

Singapore Exchange expands food sector

Home grown brand, Chew's Group Limited, is now listed on Calatist, under the stock code of "5SY".

CapitaMall's 2-year retail bonds increased to $300mn

The 2-year retail bonds were subscribed 1.9 times, said CapitaMall Trust.

$1.1bn 20-year SGS bond re-opening fetched yield of 3.26%

The SGS bond had a 9bp tail to cut off at 3.35%, and a bid-cover ratio of 1.9x.

Venture net profit surged 30.9% in 2010

However, full year revenue declined from $3.4 billion in FY2009 to $2.7 billion in FY 2010.

UOL net attributable profit jumped 76% in FY2010

Net attributable profit increased to $745.8 million for the financial year ended 31 December 2010.

Intensifying clashes in Libya likely to affect Singapore firms

Rising violence in Libya is throwing the market focus on oil, said OCBC.

$1.1bn 20-year SGS bonds to attract insurers if yield exceeds 3.45%

But, the SGS bond is currently yielding only around 3.33 percent.

OCBC Group achieved record profit of $2,253mn in 2010

But profit for fourth quarter last year posted an 11% quarter-on-quarter decrease.

SGX, ASX revamp merger proposal

SGX and ASX made changes to their merger proposals in a bid to boost the deal's chances of getting regulatory approval in Australia.