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Trek2000 subsidiary Racer Technology to issue 6m new shares worth $7.2m
For business expansion and capital expenditure purposes.
Trek2000 subsidiary Racer Technology to issue 6m new shares worth $7.2m
For business expansion and capital expenditure purposes.
Office REITs worst S-REITs last week
Mainly pulled down by CapitaCommercial Trust.
Manulife at risk from $1.6b bancassurance deal with DBS
Asian expansion will dilute Manulife’s strength.
Ascott’s Citadines brand forays into three new overseas locations
It is one of their fastest growing brands.
United Envirotech acquires water-treatment plants for $175m
It will add 6-7% to UENV’s design capacity.
Aspial’s penthouse project becomes most costly flat ever sold in Australia
It was sold for $25m.
TEE International secured $45m engineering works in Singapore
It’s unfulfilled order book stands at $410m.
SGX welcomes Fubon Futures as trading member in derivatives market
It’s one of the leading broking firms in Taiwan.
MM2 acquires 51% of Vividthree productions
For a consideration of $3.06m.
KrisFlyer miles can now be redeemed on Scoot and Tigerair
Vouchers will be available for redemption starting today.
M1 to offer voice over LTE calls
4G customers can get it at no additional charge.
Dairy Farm completes 20% acquisition in Yonghui Superstores
For a total consideration of RMB5.69b.
Ntegrator bags $25m contract to install nationwide broadband fibre network
It will supply services for installation, operation and maintenance.
CWT named logistics service provider for 28th SEA games
It will provide full supply chain management.
Asia Fashion to list up to 58.8m placement shares on the Mainboard
It has received approval-in-principle from the SGX.
Trek 2000 bags second contract worth $67.8m with Rely/Mattel
To supply Wi-Fi memory modules for smart devices.
EMAS Offshore’s net profit surged 143% to $13.2m in Q2
Thanks to cost benefits from its merger.
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