Sembcorp completes acquisition of Veolia’s public cleaning business for $19.2 mil

SINGAPORE (June 30): Sembcorp Industries (Sembcorp)‘s wholly-owned subsidiary SembWaste, announced the completion of its acquisition.

Q&M shares surge 41% as it enters joint venture to manufacture Covid-19 test kits, vaccines


Q&M shares surge 41% as it enters joint venture to manufacture Covid-19 test kits, vaccines

SINGAPORE (Apr 23): Q&M Dental Group announced Thursday it is entering into a proposed joint venture to manufacture, sell and distribute diagnostic test kits and vaccines, including f

The deals will go on


The deals will go on

SINGAPORE (Apr 17): This past week, the International Monetary Fund (IMF) warned that the “Great Lockdown” recession this year will be the steepest contraction in almost a century.


5G and the winners of American 'state capitalism'

(Mar 6): While the rest of the world has been focused on the Democratic primaries in which Vermont’s left-wing senator Bernie Sanders and former Vice President Joe Biden are duelling it out for the

Singapore Budget

Singapore's GIC buys into Yoma Bank, adding to Myanmar deals

SINGAPORE (Jan 30): Singapore’s sovereign wealth firm GIC Pte has bought a substantial stake in Myanmar’s Yoma Bank Ltd.


Frasers Property to acquire London business park for $238 mil

SINGAPORE (Jan 23): Frasers Property Limited (FPL) is set to acquire Lakeshore, Bedfont Lakes business park in London for £135 million (S$238 million) through its indirect subsidiary  Frasers Prope

Stocks To Watch

UMS Holdings: Shift into new industries and cheaper areas of production bode well for this company

SINGAPORE (Jan 17): UMS Holdings has gained from the turnaround in the semiconductor industry.


Top Global to acquire 43 units in Thong Teck Building for $170 mil

SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building


Hotel Properties' associate acquires hotel site in Tuscany for $35.5 mil

SINGAPORE (Nov 20): Leisure Ventures, an associated company of Hotel Properties Limited (HPL), is acquiring the freehold interest of a 740-acre hotel site in Tuscany, Italy, for EUR 22.6 million ($


GIC said to make another Vietnam bet with Masan group stake

(Oct 6): GIC, the Singapore sovereign wealth fund, is making another bet on Vietnam by purchasing a stake in local conglomerate Masan Group Corp, people with knowledge of the matter said.

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