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Month: July 2019

Posted on 22/07/2019

Prime US REIT closes flat at IPO price on trading debut

SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday. As at 5pm, the counter was trading at its IPO price of 88 US cents with 10.7 million ... ( read original story ...)

Posted on 22/07/2019

Singapore-based fintech soCash raises US$6m to expand to Indonesia, Malaysia, Hong Kong

Meanwhile, Standard Chartered was the first bank in Singapore to partner with soCash. The bank has integrated soCash into its mobile banking app in Singapore since 2017, enabling customers to withdraw ... ( read original story ...)

Posted on 22/07/2019

Singapore fintech startup SoCash raises $6m in series B round

Singapore-based fintech startup SoCash raised US$6 million in a series B round led by Japanese money-handling systems developer and manufacturer Glory. SC Ventures, the investments unit of Standard ... ( read original story ...)

Posted on 22/07/2019

Singapore Reits can no longer be seen as ‘low-risk’ if leverage limit is raised: OCBC

SINGAPORE - If the proposed changes of raising the leverage limit of Singapore real estate investment trusts (S-Reits) above the current leverage limit of 45 per cent goes through, debt markets can no ... ( read original story ...)

Posted on 22/07/2019

Singapore stocks up on low-sulphur fuel ahead of new shipping rules

SINGAPORE, July 22 (Reuters) - Oil traders are chartering more ships and snapping up fuel oil storage tanks in and around Singapore, the world’s top bunkering port, to stock up cleaner fuel that will ... ( read original story ...)

Posted on 22/07/2019

Why You Should Leave Singapore Telecommunications Limited (SGX:Z74)’s Upcoming Dividend On The Shelf

Worse, Singapore Telecommunications's paying out a majority of its earnings and more than half its free cash flow. Positive cash flows are good news but it's not a good combination. With the way ... ( read original story ...)

Posted on 22/07/2019

Pirates attack Korean cargo ship near Singapore Strait: Yonhap

Pirates attacked a South Korean-flagged cargo ship near the Singapore Strait early on Monday, assaulting the crew and making off with thousands of dollars in cash, Korea's Yonhap news agency said. ... ( read original story ...)

Posted on 22/07/2019

Singapore stocks up on low-sulfur fuel ahead of new shipping rules

Storage tank lease rates up by nearly 20 percent - sources * One operator may switch clean tanks to fuel oil - source * 10 to 15 VLCCs off Singapore, Malaysia waters storing LSFO SINGAPORE, July 22 ... ( read original story ...)

Posted on 22/07/2019

What Kind Of Investor Owns Most Of Genting Singapore Limited (SGX:G13)?

The big shareholder groups in Genting Singapore Limited (SGX:G13) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a ... ( read original story ...)

Posted on 22/07/2019

South Korean cargo ship hijacked by pirates in speedboat horror near Singapore Strait

The armed pirates spent up to 30 minutes on the vessel which was headed to Brazil, KBS World Radio reported. According to Yonhap News Agency, a South Korean Ministry of Maritime Affairs and Fisheries ... ( read original story ...)

Posted on 22/07/2019

Pirates in speedboat storm South Korean cargo ship sailing near Singapore Strait

Pirates attacked a South Korean-flagged cargo ship near the Singapore Strait early on Monday, assaulting the crew and making off with thousands of pounds in cash, Korea's Yonhap news agency said. ... ( read original story ...)

Posted on 22/07/2019

Four dynamic built environment tradeshows to welcome Asia’s largest gathering of industry professionals and innovators

SINGAPORE, July 22, 2019 /PRNewswire/ -- From ... solutions and renewable energy and Smart Cities and Buildings (SCB) Asia featuring the latest advances in urban solutions and smart cities. ... ( read original story ...)

Posted on 21/07/2019

Singapore wants to dump its four old Boeing tankers

MELBOURNE, Australia – Singapore is looking at ways dispose of its fleet of Boeing KC-135R tanker aircraft as deliveries of its new Airbus tankers continue. In response to queries from Defense News ... ( read original story ...)

Posted on 21/07/2019

Singapore lawyers confirm Sultan of Kelantan’s divorce from Russian ex-beauty queen

"I have not been given any admonition of divorce," she reportedly told Malaysian news portal Malaysiakini. "I was in Russia with my child. We were not in Singapore in June for any divorce proceedings. ... ( read original story ...)

Posted on 21/07/2019

Manchester United transfer news LIVE Nicolas Pepe to Man Utd and Gareth Bale latest plus Inter Milan highlights

Portuguese news outlet O Jogo reports that that Sporting boss Marcel ... Talking of Juventus, there’s an interesting clash tonight in the same Singapore National Stadium that United played in ... ( read original story ...)

Posted on 21/07/2019

In Singapore, Temasek’s results spark discussion of Chinese investments and Ho Ching

“Why is it such a big secret?” he posted, as he shared an article by Singapore news site The Independent speculating that Ho earned about S$300,000 a day, echoing earlier calls by opposition ... ( read original story ...)

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