TSH announces capital reduction and special dividend

16 Sep 2016 - Business Times Breaking News
CATALIST-LISTED former consumer electronics and homeland security devices firm TSH Corporation said that it will distribute S$0.1072 a share in cash in a proposed capital reduction as well as a special dividend of S$0.016 a share. The distributions come after the firm completed the disposal of its main ...
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Swiber claims rise slightly to US$231.4 million

16 Sep 2016 - Business Times Breaking News
CLAIMS received by beleaguered offshore marine group Swiber Holdings were at US$231.4 million as at Sept 15, up slightly from a week ago, when they were at US$230.7 million. "The company is currently seeking legal advice on the above claims," said Swiber's interim judicial managers in an update to the ...
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Quek Leng Chan relinquishes director post at GL Limited

16 Sep 2016 - Business Times Breaking News
GL Limited, formerly known as GuocoLeisure, on Friday said that - with effect from Sept 15 - Malaysian tycoon Quek Leng Chan has relinquished his position as a director and the non-executive chairman of the board, following internal restructuring of the Hong Leong Group. GL is a member of the Hong Leong ...
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CSC dips into development work overseas with 21% stake acquisition in HK firm

16 Sep 2016 - Business Times Breaking News
ENGINEERING company CSC Holdings Limited is dipping its toes into development work overseas, with a maiden investment in the development of a freehold project in the UK. It said on Friday that it will, through a wholly owned unit, invest ??500,000 (S$900,000) to acquire a 21 per cent stake in Hong Kong-incorporated ...
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mm2 Asia plans two-for-one share split

16 Sep 2016 - Business Times Breaking News
CATALIST-LISTED film and TV content producer mm2 Asia said that it is planning a share split of every one ordinary share in the company into two ordinary shares. Upon completion, it will have an issued and paid-up share capital of around S$88.2 million, comprising 1.05 billion shares.
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Brokers' take: Frasers Logistics & Industrial Trust primed for growth

16 Sep 2016 - Business Times Breaking News
OCBC Investment Research has initiated coverage on Frasers Logistics & Industrial Trust (FLT) with a "buy" rating premised on a fair value estimate of S$1.09. "We believe FLT has ample avenues to spur its future growth. This would come in the form of both organic and inorganic growth drivers," a research ...
sgx:buou

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3 Things You Need To Know About The Singapore Stock Market Today

16 Sep 2016 - The Motley Fool Singapore
Welcome to Friday evening! Here are three things about Singapore’s stock market and investing in general that you might want to look at today and over the weekend. 1. Thai Beverage Public Company Limited (SGX: Y92) has been one of the best-performing large caps in Singapore in the past decade. Since ...
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Temasek's offer price for SMRT 'in line or above' valuations of comparable companies: ISS

16 Sep 2016 - Business Times Breaking News
SINGAPORE state investor Temasek Holdings' offer for mainboard-listed SMRT is "in line with or above" valuations for comparable companies and previous takeovers, says Institutional Shareholder Services Inc (ISS). Thus, shareholders are urged to approve Temasek's bid to take the transport operator private, ...
sgx:s53

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Update: Eran Feldhay to step down as Trendlines VP, Misgav CEO

16 Sep 2016 - Business Times Breaking News
THE Trendlines Group announced before trading hours on Friday that its vice-president, Dr Eran Feldhay, will be stepping down by Sept 20. Dr Feldhay, 44, will also be relinquishing his role as the chief executive officer of Trendlines' medtech incubator, Misgav.
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Gold set for first weekly loss in three as investors seek riskier assets

16 Sep 2016 - Business Times Breaking News
[BENGALURU] Gold held steady on Friday amid lower trading activity because of Asian holidays but was set for its first weekly loss in three as investors were choosing more riskier assets such as equities rather than holding value in the yellow metal. Equity markets were higher after weak US data reduced ...
sgx:5tp

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