Highlight

Loyz Energy proposes name change to CWX Global with business diversification

SINGAPORE (Sept 19): Oil and gas (O&G), exploration and production company Loyz Energy is proposing to change its name to CWX Global Limited, given the new business direction it is intending to undertake.

ASTI in talks to dispose subsidiaries for treble its market cap

SINGAPORE (Sept 19): Semiconductor equipment manufacturer ASTI Holdings has entered into a non-binding agreement with China Fortune-Tech Capital Co. for the potential disposal of five wholly-owned subsidiaries related to Semiconductor Technologies & Instruments (STI).

Manulife US REIT gets go-ahead for acquisition of 10 Exchange Place and rights issue

SINGAPORE (Sept 19): Unitholders of Manulife US REIT have given their approval for the REIT manager to proceed with the acquisition of 10 Exchange Place as well as a rights issue to partly fund the property.

Property

Keppel Land makes $60 mil acquisition of prime Jakarta site to develop residential building

SINGAPORE (Sept 19): Keppel Land is acquiring a prime site in Jakarta, Indonesia, for IDR586 billion ($60 million) from Bank Central Asia via its wholly-owned subsidiary, PT Sukses Manis Tangguh.

Rolling Stone, music chronicle spanning rock to rap, up for sale

(Sept 18): Rolling Stone co-founder Jann Wenner is putting the magazine up for sale, marking a new chapter for the cultural bible that for half a century has spotlighted musical artists from Jimi Hendrix to Kendrick Lamar and prose from writers like Hunter S.

ST Engineering corporate venture unit invests in cyber security business

2 hours 22 min ago

SINGAPORE (Sept 19): ST Engineering’s corporate venture capital unit, ST Engineering Ventures, has...

Loyz Energy proposes name change to CWX Global with business diversification

3 hours 3 min ago

SINGAPORE (Sept 19): Oil and gas (O&G), exploration and production company Loyz Energy is...

ASTI in talks to dispose subsidiaries for treble its market cap

3 hours 7 min ago

SINGAPORE (Sept 19): Semiconductor equipment manufacturer ASTI Holdings has entered into a non-...

Manulife US REIT gets go-ahead for acquisition of 10 Exchange Place and rights issue

3 hours 14 min ago

SINGAPORE (Sept 19): Unitholders of Manulife US REIT have given their approval for the REIT manager...

Optimism over Cogent’s new bet on student housing

15 Sep 2017

(Sept 18): This past week, one of our Portfolio companies had attracted some attention over a new business venture. On Sept 7, logistics services company Cogent Holdings announced that it has been awarded a three-year lease tender by the Singapore...

Simulation model projects loss of 37% if war breaks out

8 Sep 2017

(Sept 11): In the wake of destruction wrought by Hurricane Harvey in Texas, the US is set for another storm. Hurricane Irma, which is said to be one of the most powerful Atlantic hurricanes ever, is expected to hit Florida this weekend. At the same...

Portfolio turns in mostly positive earnings surprises in last quarter

31 Aug 2017

(Sept 4): Our Singapore Market Portfolio rose 0.67% over the week from Aug 22 to 29, against a 0.44% fall in the Straits Times Index. Now that all the companies in our portfolio have reported their earnings for the quarter to June, we have decided...

GEAR makes a comeback, CNMC buying back shares

26 Aug 2017

(Aug 28): Local equities suffered losses for four consecutive sessions in the past week, with the benchmark Straits Times Index falling 0.95% between Aug 15 and 22. Our Singapore Market Portfolio also declined in value — by 0.6% — led by a 2.2% fall...

Highlight

Loyz Energy proposes name change to CWX Global with business diversification

SINGAPORE (Sept 19): Oil and gas (O&G), exploration and production company Loyz Energy is proposing to change its name to CWX Global Limited, given the new business direction it is intending to undertake.
ASTI in talks to dispose subsidiaries for treble its market cap

SINGAPORE (Sept 19): Semiconductor equipment manufacturer ASTI Holdings has entered into a non-binding agreement with China Fortune-Tech Capital Co. for the potential disposal of five wholly-owned subsidiaries related to Semiconductor Technologies & Instruments (STI).
Manulife US REIT gets go-ahead for acquisition of 10 Exchange Place and rights issue

SINGAPORE (Sept 19): Unitholders of Manulife US REIT have given their approval for the REIT manager to proceed with the acquisition of 10 Exchange Place as well as a rights issue to partly fund the property.
Property

Keppel Land makes $60 mil acquisition of prime Jakarta site to develop residential building

SINGAPORE (Sept 19): Keppel Land is acquiring a prime site in Jakarta, Indonesia, for IDR586 billion ($60 million) from Bank Central Asia via its wholly-owned subsidiary, PT Sukses Manis Tangguh.
Rolling Stone, music chronicle spanning rock to rap, up for sale

(Sept 18): Rolling Stone co-founder Jann Wenner is putting the magazine up for sale, marking a new chapter for the cultural bible that for half a century has spotlighted musical artists from Jimi Hendrix to Kendrick Lamar and prose from writers like Hunter S.