CIVMEC: Incorporation Of A New Valve Services Company, ForgacsValco.

5 Dec 2016 - ShareInvestor Express
Civmec Limited's wholly-owned subsidiary, Forgacs Marine and Defence, together with Valco Group Australia Pty Ltd, have incorporated a new company in Australia named ForgacsValco Pty Ltd. ForgacsValco will provide valve maintenance services for all makes and a range of valve types...
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SGX appoints former ANZ banker as head of fixed income sales

5 Dec 2016 - Business Times Breaking News
SINGAPORE Exchange (SGX) has appointed Michael Luk as the new head of fixed income origination and sales at the exchange. Mr Luk was previously ANZ's global head of capital markets, based in Hong Kong. He will build the growth of SGX's fixed income businesses through deeper and broader relationships ...
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SGX: Strengthens Its Fixed Income Businesses With A New Lead.

5 Dec 2016 - ShareInvestor Express
Singapore Exchange is pleased to appoint Michael Luk as the new Head of Fixed Income Origination and Sales, effective 1 January 2017. Mr Luk has more than 18 years' experience in debt capital markets covering all fixed income debt financing products including public bonds, high yield, leveraged finance, ...
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Singapore banks' credit quality deterioration not over yet

5 Dec 2016 - Singapore Business Review
Credit costs could range 39-44bps from 2016-2018. Amid sluggish growth and a rising interest rate environment, MayBank KimEng believes default risks for Singapore banks could be higher. "Our FY17E and FY18E provision estimate for the three banks is 14-25% and 8-20% higher than consensus," it said. The ...
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Nam Cheong's client terminates vessel contract

5 Dec 2016 - Singapore Business Review
The ship builder considers legal recourse. Nam Cheong announced it has received a notice of cancellation dated 1 December 2016 from Petra Offshore Limited (POL), a wholly owned subsidiary of Perdana Petroleum Berhad in relation to the sale of one unit of Accommodation Work Barge, Hull No. 317 . The vessel ...
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Singapore, CapitaLand formed tripartite venture with Chinese firm

5 Dec 2016 - Singapore Business Review
It is aimed at helping local SMEs enter China. International Enterprise (IE) Singapore, CapitaLand and UrWork, Asia’s real estate company headquartered and listed in Singapore and China’s co-working space operator, signed a Memorandum of Understanding (MOU) to facilitate Singapore companies’ entry into ...
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STI posts longest winning streak since December 2014

5 Dec 2016 - Singapore Business Review
It climbed to as high as 2.4%. Singapore's Straits Times Index climbed 2.4% to 2,928.58 on December 1, making it the seventh-best performer globally according to a report from Bloomberg. The gauge has risen for eight straight days, the longest stretch of gains since December 2014. It is also still one ...

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Hot stock: Swee Hong falls on watch-list entry

5 Dec 2016 - Business Times Breaking News
SHARES of construction firm Swee Hong fell on Monday, as it was placed on Singapore Exchange's watch-list for failing to meet the exchange's minimum continuing criteria. The stock fell 8.33 per cent or 0.1 Singapore cent to S$0.011. It was among the most actively traded stock, with some six million shares ...
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Demand pressure for analyst roles amongst the highest across Singapore workforce

5 Dec 2016 - Singapore Business Review
There are 6 candidates available for each financial analyst role. The slowing economy has kep accounting an finance professionals on their guard over the recent month, a study by Randstad revealed. "Firms are under the increasing pressure to streamline operations, and disruptive technologies are changing ...

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Here's why GLP can hinge on e-commerce tenants for growth

5 Dec 2016 - Singapore Business Review
E-commerce tenants account for 25% of GLP's leased area in China. Leading provider of modern logistics facilities Global Logistics Properties are seeing good days ahead in China, where there is a continued demand coming from e-commerce players. According to UOB KayHian analysts Derek Chang and Vikrant ...
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