Credit Bureau Asia's IPO 60.8 times subscribed

CREDIT Bureau Asia (CBA) received applications from retail investors for 60.8 times the number of shares available in the public portion of its initial public offering (IPO), it announced on Wednesday.

Credit Bureau Asia's IPO 60.8 times subscribed

CREDIT Bureau Asia (CBA) received applications from retail investors for 60.8 times the number of shares available in the public portion of its initial public offering (IPO), it announced on Wednesday.

STI closes 0.1% down at 2,810.95

THE benchmark Straits Times Index sank into the red on Wednesday, declining 0.11 per cent or 3.17 points to close at 2,810.95.

Denzai acquires majority stake in Huationg

DENZAI Holdings on Tuesday completed the acquisition of a 71 per cent stake in Huationg Holdings, a local heavy lifting and specialised transportation provider firm, for an undisclosed sum.

STOCKS

Asian stocks rally on positive vaccine news, upbeat Chinese data

AGAINST the backdrop of positive vaccine developments and upbeat Chinese data, the Straits Times Index (STI) ended Tuesday 0.29 per cent or 8.17 points higher at 2,814.12.

Asian stocks rally on Tuesday, STI up 0.29%

AGAINST the backdrop of positive vaccine developments and upbeat Chinese data, the benchmark Straits Times Index (STI) rebounded from the previous day's loss to close 0.29 per cent or 8.17 points higher at 2,814.12.

Q3 corporate profits show signs of recovery amid rebound in economic activity

FOR the third-quarter ended September 2020, earnings for Singapore-listed companies, while still weaker than a year earlier, point to signs of a recovery as economies start to open up, said analysts.

STOCKS

STI ends session 1.75% down, but up 15.8% for the month of Nov

THE benchmark Straits Times Index (STI) ended Monday down 1.75 per cent or 49.87 to close at 2,805.95.

STI ends the day down 1.75%, but chalks strongest monthly price gain since 2009

THE benchmark Straits Times Index (STI) ended Monday down 1.75 per cent or 49.87 to close at 2,805.95.

Proxy advisers Glass Lewis, ISS recommend proposed merger of Sabana and ESR-Reit

PROXY advisers Glass Lewis and ISS have issued recommendations in favour of the resolutions up for voting at the upcoming extraordinary general meeting (EGM) and scheme meeting of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit on Dec 4, which...

Credit Bureau Asia to sell 58m shares at S$0.93 each in mainboard flotation

CREDIT Bureau Asia (CBA) on Thursday lodged its final prospectus for an initial share offering that will raise S$53.9 million.

Sabana Reit’s proposed merger with ESR-Reit

In the run-up to the extraordinary general meetings of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit on Dec 4, where unitholders will vote on the proposed merger of the two Reits, The Business Times posed questions to the manager of Sabana Reit and...

Credit Bureau Asia's IPO to sell 58m shares at S$0.93 each

CREDIT Bureau Asia (CBA) on Thursday lodged its final prospectus for an initial share offering that will raise S$53.9 million.

Driving the world via data analytics, AI

HAVING a system predict whether a first-year student will, at the end of his time in school, graduate at the top of his class or in the lower percentile may seem eerily prescient, but that is precisely what Azendian Solutions is trying to do.

Sabana Reit says 'no' to EGM requisition from Quarz Capital, Black Crane

THE manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) said it will not be convening the extraordinary general meeting (EGM) requisitioned by Quarz Capital and Black Crane Capital.

Sabana Reit not convening EGM requisitioned by fund managers

THE manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) said it will not be convening the extraordinary general meeting (EGM) requisitioned by Quarz Capital and Black Crane Capital.

Seizing a juicy opportunity

AFTER leaving his decade-long career as an engineer in the semiconductor industry, Bruce Zhang thought about opening a chain of fruit juice stalls after noticing that people were jumping on the bandwagon of healthy eating.

Quarz, Black Crane plan EGM requisition to approve internalisation of Sabana Reit manager

QUARZ Capital and Black Crane Capital, in a joint statement released on Wednesday and seen by The Business Times, said they intend to requisition an extraordinary general meeting (EGM) for the internalisation of the manager of Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana...

Quarz, Black Crane plan EGM requisition to approve internalisation of Sabana Reit manager

QUARZ Capital and Black Crane Capital, in a joint statement released on Wednesday and seen by The Business Times, said they intend to requisition an extraordinary general meeting (EGM) for the internalisation of the manager of Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana...

SUNBURST 2020

Sunburst goes virtual this year, with a dash of imagination

LIGHTS, camera, action - but this show will not have an opening curtain or an audience in attendance.

HYFLUX SAGA

End of the road for Hyflux board as court appoints interim judicial managers

HYFLUX has been placed under judicial management (JM) following the High Court's rule on Monday, putting an end to a more than two-year-long saga of debt moratorium.

Hyflux placed under judicial management

BORRELLI Walsh has been appointed interim judicial managers (JMs) for Hyflux.

Sabana, ESR directors recommend voting for proposed merger of the 2 Reits

THE independent directors of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and recommending directors of ESR-Reit are recommending unitholders to vote for the proposed merger of the two, at the current terms of 0.94 ESR-Reit unit for one Sabana Reit unit.

Sabana's scheme meeting set for Dec 4; managers emphasise that 'bigger is better'

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) will be going ahead with its scheme meeting on Dec 4 for unitholders to vote on the proposed merger with ESR-Reit, said chief executive of the manager Donald Han in a media call on Thursday.

ESR and Sabana's IFAs advise voting in favour of proposed merger

THE respective independent financial advisers (IFAs) appointed by the managers of ESR-Reit and Sabana Shari'ah Compliant Industrial Reit (Sabana Reit) have advised the Reits' directors to recommend that unitholders vote in favour of the merger.