Has Noble Group Limited Breached The Minimum Trading Price Rule?

28 Jun 2016 - The Motley Fool Singapore
Earlier this month, Noble Group Limited (SGX: N21) had proposed a rights issue on the basis of one rights share for every ordinary share of the company. The rights shares have an issue price of S$0.11 each. The company’s shares closed at a price of S$0.30 apiece just prior to the announcement, giving ...
sgx:^sti sgx:n21

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Singapore: Savills IM seeking to divest from 77 Robinson Road for S$575m

28 Jun 2016 - DealStreetAsia
Savills Investment Management is looking to offload 77 Robinson Road, an office building in Singapore’s central business district, and is seeking a consideration estimated at S$575 million. It was formerly known as the Singapore Airlines building. This is third attempt by SEB Asset Management, which ...

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Here’s how First Resources is bringing profits back to life in 2016

28 Jun 2016 - Singapore Business Review
Sales volume, ASP are poised to rebound. A catch-up is around the corner for First Resources (FR), as analysts predict healthier average selling prices (ASP) and heftier sales volume from downstream operations. According to a report by UOB Kay Hian, FR is poised to see stronger earnings ahead. For 2Q16, ...
sgx:eb5

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Completed condo prices dropped 0.8% in May

28 Jun 2016 - Singapore Business Review
Prices of small units saw the largest drop. Prices of completed non-landed residential homes dropped by 0.8% in May, according to the National University of Singapore (NUS) Singapore Residential Price Index (SRPI). Prices of units in the central region—excluding properties smaller than 506 square feet—dropped ...

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Singapore: Top Glove starts trading on SGX via secondary listing

28 Jun 2016 - DealStreetAsia
Glove manufacturing firm Top Glove Corporation Bhd, which maintains a primary listing on the Bursa Malaysia, has commenced trading on the Singapore Exchange (SGX) via a secondary listing on the bourse. Top Glove is the world’s largest rubber glove manufacturer with an annual capacity of 45 billion gloves ...
sgx:s68 sgx:buy

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Singapore: Song Fa Bak Kut Teh raises S$500k via New Unio

28 Jun 2016 - DealStreetAsia
Singapore-based New Union, which provides debt-based business finance – connecting local businesses with accredited and institutional investors – has successfully raised S$500,000 for hospitality company Song Fa Bak Kut Teh through its crowdfunding platform in early May. New Union, which was established ...

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Manufacturing, retail giants wage war against haze

28 Jun 2016 - Singapore Business Review
They want to increase the uptake of sustainably-produced palm oil. Some of Singapore's largest manufacturers and retailers in a bid to deliver haze-free products to consumers in Singapore. The Singapore Alliance for Sustainable Palm Oil has been jointly founded by Unilever, Ayam Brand, Danone, IKEA and ...

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Why Have Raffles Medical Group Ltd’s Shares Gained 117% In Value In 5 Years?

28 Jun 2016 - The Motley Fool Singapore
A veteran investor once told me that “investing is about giving up your purchasing power today in the hopes of getting higher purchasing power in the future.” In stock market investing, the above quote translates into buying stocks that will increase in value in the future. That value can come from an ...
sgx:r01

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Is Genting Singapore PLC Making Good Use Of Its Billions In Cash?

28 Jun 2016 - The Motley Fool Singapore
Genting Singapore PLC (SGX: G13) is supposed to be an easy business to understand. The company had built a multi-billion asset that opened in 2010 – the integrated resort many Singaporeans are familiar with, Resorts World Sentosa. With the resort up and running, Genting Singapore’s job is simply to draw ...
sgx:g13

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12 industrial sites released under Government land sales programme

28 Jun 2016 - Channel NewsAsia
SINGAPORE: Twelve industrial sites have been released under the Industrial Government Land Sales (IGLS) Programme for the second half of 2016, amid a slowing economic outlook and weakening demand for factory space. There will be seven sites on the confirmed list and five sites on the reserve list, with ...

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