capital injection

Company in the news

Suntec REIT makes capital injection of $40 mil into entitles of Suntec Singapore International Convention and Exhibition Centre

SINGAPORE (July 1): ARA Trust Management, the manager of Suntec REIT says that Suntec REIT’s wholly-owned subsidiary, Suntec Harmony, has subscribed for new ordinary shares in Harmony Investors Gro

M&A

Singtel acquires remaining shares in cybersecurity firm Trustwave

SINGAPORE (May 22): Singtel's wholly-owned subsidiary, Singtel Enterprise Security (US) (SES US) has acquired the remaining 2% stake in Trustwave for US$12 million ($16.1 million) in cash.

Broker's Calls

SingPost put on ‘hold’ in anticipation of new CEO

SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to

ST Engineering’s land systems division makes capital injection into Brazilian manufacturing unit

SINGAPORE (Sept 15): ST Engineering said on Thursday that two subsidiaries of its land systems business, ST Kinetics, have injected a total of BRL 8 million ($3.3 million) into the capital of LeeBo

Perennial acquires 49.9% stake in eldercare operator, Renshoutang

SINGAPORE (Sept 13): Perennial Real Estate Holdings has acquired a 49.9% in Shanghai RST Chinese Medical Co, or Renshoutang, through a capital injection of RMB735.5 million ($149.7 million).

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