Stocks to watch: ST Engineering, Del Monte, Oxley, OUE Lippo, MCT, Soilbuild, China Haida

19 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Singapore Technologies Engineering (ST Engineering): The group on Tuesday said it has divested its pilot training business in Australia for S$9.3 million on a cash-free and debt-free basis to Regional Express ...
hkex:226 sgx:o32 sgx:s7p lse:opg sgx:5g9 sgx:d03 sgx:5h7w sgx:u05 sgx:u04 lse:mct sgx:5ux sgx:bupw sgx:5wa sgx:z25 klse:5182 sgx:s63 sgx:cy6u sgx:lj3 sgx:n2iu sgx:s68

Singapore shares add 0.6% on Monday after China rate cut

18 Nov 2019 - The Business Times
A REVERSE repo rate cut by The People's Bank of China (PBOC) was unexpected, but it boosted market sentiment and raised hopes of further stimulus measures by Beijing, making for a noticeably risk-on session which saw most Asian benchmarks close higher. Here, the Straits Times Index (STI) opened lower ...
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OCBC and Standard Chartered complete Singapore's first OIS trade using SORA

18 Nov 2019 - Singapore Business Review
The trade is a one-year interest rate swap fixed against SORA. OCBC Bank and Standard Chartered have completed Singapore’s first overnight indexed swap (OIS) derivatives transaction using the Singapore Overnight Rate Average (SORA) as the interest rate benchmark, the two banks announced. The trade completed ...
sgx:o39 hkex:2888

GIC, Tencent in talks to form consortium for Universal Music Group stake

19 Nov 2019 - The Edge Markets
(Nov 18): Tencent Holdings is in talks with potential co-investors for its proposed bid for a minority stake in Universal Music Group from Vivendi SA, according to people with knowledge of the matter. Hillhouse Capital and Singapore’s sovereign wealth fund GIC are among potential investors that the Chinese ...
hkex:700 lse:oct

DBS becomes first bank in Southeast Asia to adopt Equator Principles

19 Nov 2019 - The Edge Markets
SINGAPORE (Nov 18): DBS has become the first bank in Singapore and Southeast Asia to adopt the Equator Principles, which will see it go the extra mile in disclosing information related to large-scale developments that it is involved in. This is a step further than the due diligence processes the bank ...
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DBS to adopt risk management framework The Equator Principles

18 Nov 2019 - Singapore Business Review
This will allow it to test its funded projects according to environmental and social standards. DBS will adopt The Equator Principles (EPs) in order to enhance efforts in disclosing information related to large-scale developments that it is involved in, a press release revealed. “We are proud to be the ...
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Time to embrace sustainability in the fashion industry

18 Nov 2019 - Singapore Business Review
Greenhouse gas emissions from the apparel industry is expected to increase to 49% in the next decade. The US$2.5t fashion and apparel industry is one of the largest industries in the world and shows no sign of slowing down. With populations in Southeast Asia getting more affluent, demand for fast fashion ...

Grand Ming Group Holdings Limited Announces Interim Results for the Period Ended 30 September 2019

18 Nov 2019 - ACN Newswire
Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its first half year results for the period ended 30 September 2019 ("FH 2019/20").Highlights- Recorded revenue of HK$367 million, an increase of 35.1%.- Attained net ...
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Tiong Seng secures $125m green loan from OCBC, DBS

18 Nov 2019 - Singapore Business Review
It will be used to build green buildings and generate renewable energy. Construction company and property developer Tiong Seng Holdings has secured $125m worth of green loan and environmental performance-linked facilities from OCBC Bank and DBS Bank, according to an SGX filing. These facilities are reportedly ...
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Three Squirrels, China's Favorite Snack Brand, Surprises Again on Double 11

17 Nov 2019 - ACN Newswire
Chinese e-commerce juggernaut Alibaba's annual '11.11' Global Shopping Festival was less than an hour old, and it had already generated CNY84 billion (USD12.0 billion) in GMV. Alibaba, parent of online retailers Taobao and Tmall, launched this mammoth, 24-hr online shopping holiday on 'Singles Day' eleven ...
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