Pan Ocean invests $182.86m in medium-range tankers

17 Jan 2020 - Singapore Business Review
The first vessel is expected to be delivered on 30 June 2021. SGX-listed, South Korean shipping firm Pan Ocean will invest in a shipbuilding contract for four medium-range tankers for $182.86m (₩157.37b), according to an SGX filing. Ratio to the equity capital is 5.92% of $3.09b (₩2.66t). The firm also ...
sgx:s68 sgx:azy

---

SGX RegCo mulls Singapore-registered auditors for all listed companies, new rules on property valuers and valuations

16 Jan 2020 - The Edge Markets
SINGAPORE (Jan 16): Singapore Exchange Regulation (SGX RegCo) is proposing to strengthen oversight of audits by requiring all listed companies to appoint an auditing firm and audit partner registered with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). Foreign issuers that wish to appoint ...
sgx:s68

---

Top ten agriculture and F&B stocks averaged total return of 13% in 2019

16 Jan 2020 - Singapore Business Review
ThaiBev led the ten with a 49% total return. The ten best performing agriculture and F&B stocks by average daily turnover saw an average total return of 13% in 2019 with a total return of 17%, according to an SGX report. These stocks are said to have outpaced regional and global peers. Thai Beverage ...
sgx:d01 sgx:s68 sgx:s58 sgx:f34 sgx:e5h sgx:eb5 sgx:vl6 sgx:ov8 sgx:y92 sgx:ud2

---

SPH prices 10-year US$500m notes at 3.2%

16 Jan 2020 - Singapore Business Review
It will be used for financing its general working capital. Singapore Press Holdings (SPH) has priced its offering of US$500m at 3.2% senior unsecured fixed rate notes due 2030, the company announced. The notes will be issued under its $1b Multicurrency Debt Issuance Programme. Proceeds from the offering ...
sgx:o39 sgx:s68 sgx:u11 sgx:d05 sgx:t39

---

Hyflux applies for another debt moratorium extension

16 Jan 2020 - Singapore Business Review
The hearing is scheduled on 29 January 2020. Hyflux and its three subsidiaries have filed applications for a three-month extension of its debt moratorium to the Singapore High Court, an SGX filing revealed. They also filed applications for leave to convene meetings of parties in respect of whom the Hyflux ...
sgx:s68 sgx:600

---

SGX RegCo proposes to require listed firms to have a Singapore-registered auditor

16 Jan 2020 - Singapore Business Review
The regulator aims to strengthen auditor accountability and investor confidence. The Singapore Exchange Regulation (SGX RegCo) has launched a consultation for its proposal to require all listed companies to appoint an auditor registered by the Accounting and Corporate Regulatory Authority (ACRA), according ...
sgx:s68

---

Stocks to watch: Singtel, TEE Intl, Mapletree Industrial Trust, OUE, Golden Energy, JEP

15 Jan 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: Singtel: As part of its mega fundraising exercise, Singtel's Indian associate Bharti Airtel will issue US$1 billion of 1.5 per cent foreign-currency convertible bonds due 2025. Airtel will also place out ...
sgx:lj3 sgx:s68 sgx:m1z sgx:z74 sgx:me8u sgx:1j4 sgx:5fa sgx:m03 sgx:aue hkex:535 sgx:1c1w sgx:41h lse:0i9f

---

MIT buys 10 data centres in North America for $750.1m

15 Jan 2020 - Singapore Business Review
Its portfolio now has a total of 27 data centres in the said continent. Mapletree Rosewood Data Centre Trust (MRODCT), a unit of Mapletree Industrial Trust (MIT), has acquired 10 powered shell data centres in North America for about $750.1m (US$557.3m) from Digital Realty Trust, according to an SGX filing. ...
sgx:s68 sgx:me8u lse:0i9f

---

Singtel's Bharti Airtel closes qualified institutions placement at $8.43 per share

15 Jan 2020 - Singapore Business Review
The fundraising was made ahead of paying $6.62b dues to the Indian government. Singtel’s India-based associate Bharti Airtel has closed its qualified institutions placement of equity shares at an issue price of $8.43 (INR445) per share, according to an SGX filing. About 323.6 million shares will be allotted ...
sgx:s68 sgx:b2f sgx:z74 lse:fees sgx:cc3

---

Singapore stocks: STI resumes Tuesday afternoon up 0.38% on day

14 Jan 2020 - The Business Times
SINGAPORE shares resumed trading in positive territory on Tuesday afternoon, with the Straits Times Index gaining 12.38 points or 0.38 per cent to 3,263.45 as at 1.03pm. Advancers outnumbered decliners 174 to 159, after about 748.9 million shares worth S$476.5 million changed hands. Among the most ...
sgx:o39 sgx:s68 sgx:m1z sgx:d05 sgx:41h klse:0080 sgx:s9b sgx:j37 sgx:y92

---