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Commodities
SGX takes minority stake in digital marketplace for sustainably processed natural rubber
Singapore Exchange (SGX) says it has taken a minority stake in HeveaConnect, a digital marketplace for sustainable natural rubber on March 2.
March 02, 2021
Tech
Addvalue Tech sets up US based subsidiary to tap onto growing demand
Addvalue Technologies has incorporated Revere Space, a wholly-owned subsidiary registered in the US for the purpose of expanding its presence in the US space market.
March 02, 2021
AVIATION & ENGINEERING
SIA Engineering Company enter MOU to acquire SR Technics Malaysia
SIA Engineering Company (SIAEC) has entered into a memorandum of understanding (MOU) with SR Technics Switzerland to acquire (in part or whole) of SR Technics Malaysia.
March 01, 2021
New appointments
SBS appoints Cheng Siak Kian as new CEO
SBS Transit has appointed Cheng Siak Kian as its new CEO.
Cheng was previously acting CEO since March 1, 2020.
March 01, 2021
New appointments
ISOTeam appoints former Bukit Panjang MP Teo Ho Pin to board of independent directors
ISOTeam has appointed Dr Teo Ho Pin as non-executive independent director to its board on March 1.
March 01, 2021
Aviation
SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments
Singapore Airlines (SIA) says it has used a further $1.1 billion out of the $8.8 billion raised from its rights issue between Dec 14, 2020, to Feb 21.
March 01, 2021
Green loans
UIC secures its first green and sustainability-linked loans of $300 mil
United Industrial Corporation Limited (UIC) has secured its first green and sustainability-linked loans from UOB and DBS Bank.
March 01, 2021