expansion

SEMICONDUCTOR

Industry rides upcycle as global demand returns, Singapore semicon plays rise on earnings recovery

SINGAPORE (Dec 20): In 2019, Singapore’s worsening manufacturing sector was a cause for concern as the country’s economy slowed to a decade-low growth rate of 0.1% in the second quarter.

Gold

CNMC Goldmine to strike while the iron is hot

SINGAPORE (Nov 25): On the whole, Catalist-listed CNMC Goldmine Holdings, which operates three mines in Malaysia, has benefited from higher gold prices.

Company in the news

ST Group brings flavours from home to Asians abroad, enjoys rapid revenue growth with outlet expansion

(Sept 16): All over Asia, bubble tea — also known as boba tea — stalls are popping up on every corner and long queues are a usual sight.

Company in the news

UOB expands footprint in Vietnam with opening of Hanoi branch

SINGAPORE (Aug 22): United Overseas Bank (Vietnam) officially opened its branch in Hanoi on Thursday, its first beyond Ho Chi Minh City.

Tech

Micron's latest expansion to boost Singapore's semiconductor hub status

SINGAPORE (Aug 14): Singapore wants to strengthen the whole semiconductor manufacturing eco-system to maintain its role as a regional hub.

M&A

ST Group Food Industries acquires rights to NeNe Chicken brand in New Zealand

SINGAPORE (July 5): ST Food Industries (ST Group) has entered into a master franchise agreement with Hyein Foods Co for the exclusive rights to the ‘NeNe Chicken’ brand in New Zealand.

Company in the news

Circles.Life launches world's first multi-country digital telco platform in Taiwan

SINGAPORE (June 24): Homegrown mobile virtual network provider Circles.Life is launching its digital mobile services in Taiwan on the back of a partnership with one of island’s largest telco player

Healthcare

Clearbridge eyes more Chinese medical tourists with Hong Kong clinic expansion

SINGAPORE (June 4): Integrated healthcare company Clearbridge Health says it is planning to open a new 1,500 sq ft clinic along Causeway Bay, Hong Kong, to serve more domestic patients and medical

M&A

Keppel Data Centres buys into Luxembourg startup with $22 mil investment

SINGAPORE (June 3): Keppel Data Centres has invested €14 million ($21.5 million) in the Series C funding of Etix Group S.A.

Broker's Calls

Jumbo enjoys robust outlook with expansion strategy, but China exposure may pose a problem

SINGAPORE (May 22): CGS-CIMB Research and UOB Kay Hian are maintaining their “add” and “hold” calls on Jumbo Group with target prices of 52 cents and 41 cents, respectively, after the group’s

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