Lendlease issues $200m perpetual securities at 4.2% rate

28 May 2021 - Singapore Business Review
Lendlease Global Commercial REIT had initially planned to issue $150m perps but was faced with strong demand. Lendlease Global Commercial REIT is offering an aggergate $200m of perpetual securities with a 4.2% fixed rate, it announced in a bourse disclosure. Perps will be issued in denominations of $25,000 ...
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Moonstake Wallet Now Supports IOST Staking

25 May 2021 - ACN Newswire
Starting from today, users can stake IOST to earn passive income on Moonstake Web Wallet. Through formal technical collaboration with the seasoned development team behind IOST, the integration fulfills its promise of bringing about a satisfactory staking experience for IOST holders on Moonstake Wallet.Now ...
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City Developments executive flags potential cooling measures amidst rising residential prices

25 May 2021 - Singapore Business Review
Billionaire Kwek Leng Beng said cooling measures might be introduced if residential property prices continue to rise. The government could introduce cooling measures if residential property prices continue to rise, according to City Developments Limited (CDL) Executive Chairman Kwek Leng Beng. “The Chairman ...
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DBS, SGX, Standard Chartered, and Temasek team up to take climate action

21 May 2021 - Singapore Business Review
The new joint venture will create a global exchange and marketplace for high-quality carbon credits. Singapore Exchange (SGX), Standard Chartered and Temasek together with DBS, have joined forces to take climate action through a joint venture to establish Climate Impact X (CIX) which aims to be a global ...
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Silverlake EBITDA up by 11%, despite lower sales

20 May 2021 - Singapore Business Review
The financial sector-focused tech company had an EBITDA of MYR59.6m for the third quarter. Malaysia-based, SGX-listed firm Silverlake Axis reported an EBITDA of MYR 59.6m for the third quarter ending in March 31. This is 11% higher than the MYR53.4m recorded for the same period last year despite lower ...
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First Resources net profit drops by more than 60%

19 May 2021 - Singapore Business Review
Higher export taxes in Indonesia stabbed at the palm oil producer’s profits. First Resources Limited saw a significant drop in their net profit for the first quarter of 2021. In a disclosure to the Singapore Exchange, the palm oil producer reported a net profit of US$8.8m for the first quarter, a hefty ...
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Things you need to know about SGX's top traded Catalist energy and iron ore plays

19 May 2021 - Singapore Business Review
The top three companies’ market cap is close to $1.2b. Rex International Holding, Fortress Minerals, and Southern Alliance Mining were the three most traded energy and iron ore plays listed on Catalist, with a combined market capitalisation of $1.2b The three stocks have seen a combined average daily ...
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Commodities Intelligence Centre and ZALL Group Wins Gold and Silver Awards at The 2021 Asia-Pacific Stevie Awards

14 May 2021 - ACN Newswire
Commodities Intelligence Centre (CIC), a physical commodities B2B e-trade platform, announced today that it has won the prestigious Gold Stevie(R) Award for "Innovation in Business-to-Business Services". Its parent company, ZALL Smart Commerce Group (ZALL Group), a leading Chinese B2B e-commerce group ...
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NutryFarm Ventures Into Singapore's Durian Market with Established Singapore E-Commerce Company, Ebuy

12 May 2021 - ACN Newswire
The Board of Directors (the "Board") of NutryFarm International Limited (the "Company', and together with its subsidiaries, the "Group") wishes to announce that Global Agricapital Holdings Pte. Ltd. ("Global Agricapital"), a wholly-owned subsidiary of the Company, had on 11 May 2021 entered into a memorandum ...
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Net profit of petrochemical specialist Sinostar surges to $15.36m in Q1 2021

10 May 2021 - Singapore Business Review
The company has bounced back after a net profit loss in the same period last year. SGX-listed Sinostar PEC Holdings Limited, a producer and supplier of downstream petrochemical products within the Shandong Dongming Petrochemical Industrial Zone recovered from a net profit loss of $58k (CNY2.8m) in 2020 ...
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