ASEAN BUSINESS

South-east Asia green economy may see US$1t in annual opportunities: report

DEVELOPING South-east Asia's green economy could provide up to US$1 trillion in annual economic opportunities by 2030, Bain & Company said on Thursday.

Vickers Venture Partners leads US$13.2m Series B round in UK biopharma startup

VICKERS Venture Partners led the US$13.2 million Series B funding round in SiSaf, a UK-headquartered commercial-stage biopharmaceutical startup.

ICP eyes 5% stake in proposed 10.65b yen Osaka hotel deal

ICP is looking to acquire a 5 per cent trust-beneficiary interest in the b Osaka Midosuji Hotel in Japan, the Catalist-listed firm said on Thursday evening.

Halcyon Agri Q3 revenue recovers from Q2 on improved rubber demand

IMPROVED global demand led to higher sales volume and revenue for Halcyon Agri Corp's third quarter, it said on Thursday in a business update.

CDL venture Sincere sees recovery in sales at Chengdu project

CHINA-BASED property developer Sincere Property Group on Thursday posted 150 million yuan (S$30.6 million) in sales for the first day of its third phase launch of its TianFengHe Mansion project in Chengdu, Sichuan province in China.

CDL venture Sincere sees recovery in sales at Chengdu project

CHINA-BASED property developer Sincere Property Group on Thursday posted 150 million yuan (S$30.6 million) in sales for the first day of its third phase launch of its TianFengHe Mansion project in Chengdu, Sichuan province in China.

South-east Asia green economy may see US$1t in annual opportunities: report

DEVELOPING South-east Asia's green economy could provide up to US$1 trillion in annual economic opportunities by 2030, Bain & Company said on Thursday.

Stocks to watch: DBS, ThaiBev, Top Glove, SPH Reit, Dasin Retail Trust

THE following companies saw new developments that may affect trading of their securities on Thursday:

HOT STOCK

Top Glove sinks to 2.5-month low on news of phased closure of its factories over Covid-19 spread

NEWS of thousands of Top Glove Corp workers testing positive for Covid-19 and the expected delivery delays from its shuttered operations are weighing on the company's stock.

Hot stock: Top Glove sinks to 2.5-month low on workers' Covid-19 outbreak, factory shutdowns

NEWS of thousands of Top Glove Corp workers testing positive for Covid-19 and the expected delivery delays from its shuttered operations continued to weigh on the company's stock price.

AI startup Pulsifi raises US$1.8m in angel funding to boost Europe expansion

ARTIFICIAL intelligence (AI) company Pulsifi, which is based in Singapore and Malaysia, has raised US$1.8 million in angel funding to boost its expansion to new markets in Europe and accelerate product enhancement.

Singapore stocks rise at open, tracking Wall Street advance; STI up 0.6%

SINGAPORE shares opened higher on Wednesday following overnight gains on Wall Street, as the Dow hit 30,000 points for the first time.

Stocks to watch: UOB, Singapore Airlines, ST Engineering, Cromwell E-Reit

THE following companies saw new developments that may affect trading of their securities on Wednesday.

HOT STOCK

Broadway Ind surges 34% on US$50m offer for its hard disk business

SHARES of Broadway Industrial hit a near 3.5-year high on Tuesday after the precision manufacturer announced it received a US$50 million offer for its hard disk business from the largest production outfit of the Seksun group of companies.

JTC launches Jalan Papan industrial site for application

JTC on Tuesday launched an industrial site at Jalan Papan (Plot 5) for application. The land plot spans 0.56 hectare and has a 20-year tenure.

theAsianparent bags funding from Siam Commercial Bank's venture capital arm

THEASIANPARENT on Tuesday said it has bagged a "seven-figure sum" in funding from SCB 10X - the venture capital arm of Siam Commercial Bank.

Broadway Industrial receives US$50m offer for hard disk business

PRECISION manufacturer Broadway Industrial Group has received a binding letter of intent (LOI) from Seksun Technology (Suzhou) Co, which is offering US$50 million to buy the former's hard disk drive business.

Broadway Industrial still in talks with buyer for hard disk business

BROADWAY Industrial Group is still negotiating with a potential buyer of its hard disk drive business, after receiving a draft binding letter of intent from the potential buyer on Nov 17, it said in a bourse filing late on Sunday.

Broker's take: OCBC upgrades CDLHT to 'buy' on rapid vaccine progress

OCBC Investment Research has upgraded CDL Hospitality Trusts (CDLHT) to "buy" from "hold". The research team also increased its fair value estimate to S$1.39 from S$0.98.

Broadway Industrial still in talks with buyer for hard disk business

BROADWAY Industrial Group is still negotiating with a potential buyer of its hard disk drive business, after receiving a draft binding letter of intent from the potential buyer on Nov 17, it said in a bourse filing late on Sunday.

Ascendas Reit opens preferential offering; completes US office acquisition

ASCENDAS Real Estate Investment Trust's (Ascendas Reit) preferential offering to unitholders has launched at 9am on Monday and will close at 5pm on Dec 1.

SIA, SilkAir to resume flights to San Francisco, Nagoya from Dec

SINGAPORE Airlines (SIA) and its regional wing SilkAir will reinstate flights to San Francisco and Nagoya between December 2020 and January 2021.

Olam to take 51% stake in Togo state-owned cotton firm for 15.3m euros

AGRI-FOOD giant Olam International has inked a deal to acquire a 51 per cent interest in Nouvelle Société Cotonnière du Togo (NSCT), Togo's state-owned cotton company.

Olam to acquire 51% stake in Togo state-owned cotton firm for 15.3m euros

AGRI-FOOD giant Olam International has inked a deal to acquire a 51 per cent interest in Nouvelle Société Cotonnière du Togo (NSCT), Togo's state-owned cotton company.

Jetstar Asia to resume South-east Asia transit flights via Singapore from Dec 1

FROM Dec 1, Jetstar Asia passengers travelling from six South-east Asian cities will be able to transit through Singapore's Changi Airport to nine onward destinations served by the budget airline, as long as their connection is within 48 hours.