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SunMoon Food commences formal inquiry into parent company's bankruptcy, exploring fund-raising options - THE EDGE SINGAPORE

Company in the news

SunMoon Food commences formal inquiry into parent company's bankruptcy, exploring fund-raising options

SunMoon Food Company says it is exploring various fund-raising options and is now in talks with a "potential investor on a specific funding option", following news that the parent company of its co

Singtel JV company sells telecommunications towers for $950 mil - THE EDGE SINGAPORE

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Singtel JV company sells telecommunications towers for $950 mil

Singapore Telecommunications (Singtel) announced on Oct 16 that its joint venture company, PT Telekomunikasi Selular (Telkomsel), which it has a 35% stake in, has entered into a sale and purchase a

Company in the news

Tencent chooses JustCo's co-working space in Raffles Place for Singapore office

Tencent Holdings Ltd. has chosen a co-working space for its first office in Singapore, joining other Chinese tech giants in using the city state for a launching pad into the rest of Asia.

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D.E. Shaw joins other hedge funds in opening Singapore office

D. E. Shaw & Co. will open an office in Singapore next year, joining other hedge funds expanding in the city-state to extend their reach in Asia.

Keppel DC REIT to be included in STI from Oct 19 - THE EDGE SINGAPORE

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Keppel DC REIT to be included in STI from Oct 19

Keppel DC REIT will be included in the benchmark Straits Times Index (STI) from Oct 19, says the REIT’s manager.

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iPhone chipmaker TSMC lifts 2020 outlook expecting big 5G boost

Taiwan Semiconductor Manufacturing Co (TSMC) raised its 2020 revenue forecast for a second time this year, reflecting strong demand for 5G mobile devices like Apple Inc

Company in the news

Bytedance moving to bigger Singapore office amid expansion plan

ByteDance Ltd., the Chinese owner of video app TikTok, is moving to a bigger office in Singapore’s financial district, paving the way for it to make the city-state its beachhead for the rest of Asi

KS Energy directors, CEO, resign following appointment of judicial managers - THE EDGE SINGAPORE

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KS Energy directors, CEO, resign following appointment of judicial managers

KS Energy’s executive director and CEO Richard James Wiluan, along with the company’s independent directors Chew Choon Soo, Lawrence Stephen Basapa and Soh Gim Teik have resigned on Oct 13.

Oei Hong Leong drops suit against Raffles Education - THE EDGE SINGAPORE

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Oei Hong Leong drops suit against Raffles Education

Oei Hong Leong and Oei Hong Leong Art Museum have filed a notice of discontinuance to wholly discontinue the originating summons against Raffles Education at no cost on Oct 12.

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