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DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
MOH TO ALLOW SINOVAC VACCINE TO BE USED FOLLOWING WHO Covid-19, Covid-19 vaccine, Sinovac. Photo: Bloomberg Singapore will allow the use of Sinovac Biotech Ltd.’s Covid-19 vaccine after the World Health Organization approved the drug as part of its emergencyuse listing.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’sBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
DBS PRIVATE BANK LAUNCHES TRUST SOLUTION FOR DBS Private Bank has, on May 14, launched a trust solution for cryptocurrencies, making it Asia’s first bank-backed trust solution for the asset class. The solution was launched via DBS Trustee, DBS’s wholly-owned, licensed trust company, to enable the bank’s private clients to invest, custodise and manage their digital assetsin a safe
KEPPEL O&M AWARDED US$2.3 BIL CONTRACT TO BUILD FPSO FOR Keppel O&M awarded US$2.3 bil contract to build FPSO for Petrobras. Keppel Shipyard, the wholly-owned subsidiary under Keppel Offshore & Marine (Keppel O&M), has secured a contract worth US$2.3 billion ($3.05 billion) from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the turnkey delivery of P-78, aFloating
DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
MOH TO ALLOW SINOVAC VACCINE TO BE USED FOLLOWING WHO Covid-19, Covid-19 vaccine, Sinovac. Photo: Bloomberg Singapore will allow the use of Sinovac Biotech Ltd.’s Covid-19 vaccine after the World Health Organization approved the drug as part of its emergencyuse listing.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’sBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
DBS PRIVATE BANK LAUNCHES TRUST SOLUTION FOR DBS Private Bank has, on May 14, launched a trust solution for cryptocurrencies, making it Asia’s first bank-backed trust solution for the asset class. The solution was launched via DBS Trustee, DBS’s wholly-owned, licensed trust company, to enable the bank’s private clients to invest, custodise and manage their digital assetsin a safe
KEPPEL O&M AWARDED US$2.3 BIL CONTRACT TO BUILD FPSO FOR Keppel O&M awarded US$2.3 bil contract to build FPSO for Petrobras. Keppel Shipyard, the wholly-owned subsidiary under Keppel Offshore & Marine (Keppel O&M), has secured a contract worth US$2.3 billion ($3.05 billion) from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the turnkey delivery of P-78, aFloating
CHINA YUCHAI TO PAY DIVIDEND OF US$1.70 PER SHARE FOR China Yuchai International. China Yuchai, a subsidiary of Hong Leong Asia, has announced that it will be paying a cash dividend of US$1.70($2.25)
THE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AND HONG KONG TO REVIEW TRAVEL BUBBLE IN EARLY The Ministry of Transport (MOT) has, on June 10, announced that the Singapore and Hong Kong governments will review the situation in early July before making a decision on the target launch dates of the air travel bubble flights. MICHAEL BURRY PLACES BIG BET AGAINST MUSK, TESLA Michael Burry, the investor who rose to fame for making billions off bets against mortgage securities during the financial crisis, has placed a sizable wager against Elon Musk’s Tesla Inc. Burry’s Scion Asset Management owned bearish puts against 800,100 shares of the electric-car maker as ofTHE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you F&N REPORTS 16.1% HIGHER EARNINGS OF $83.4 MIL FOR THE Fraser and Neave Limited (F&N) has reported earnings of $83.4 million for the 1HFY2021 ended March, 16.1% higher than earnings of $71.8 million for the 1HFY2020. CENTURION SEES REVENUE FALL BY 13% TO $30.7 MIL IN 1Q21 ON Centurion says it remains positive on the long-term outlook for its globally diversified specialised accommodation portfolio. This article features: Centurion Corporation, 1Q business update,Covid-19,Purpose-Built-Student Accommodation (PBSA) ,PurposeBuilt
MONDRIAN CONTINUES TO TRIM SHENG SIONG STAKE; KIM HENG CEO Mondrian continues to trim Sheng Siong stake; Kim Heng CEO Tan raises stake. Mondrian Investment Partners is no longer a substantial shareholder of the supermarket chain operator Sheng Siong Group. On May 5, the London-based asset manager sold just over 2.53 million shares on the open market for $3.97 million, or an average of $1.57per share
CHIP ENG SENG, SINGHAIYI WIN JOINT TENDER FOR ENBLOC Chip Eng Seng Corporation (CES), along with SingHaiyi Group and a company associated with Hong Kong-listed Chuan Holdings, has won a joint tender for the enbloc acquisition of Maxwell House for $276.8million.
THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’s VIEWS | THE EDGE SINGAPORE Unlimited access to online articles. Simultaneous logins across all devices. Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) You are about to be charged. S$ 169.00/Year. Step 2 of 4: Enter Address. Delivery Address. Error: First name field is required.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of aBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. VIEWS | THE EDGE SINGAPORE Unlimited access to online articles. Simultaneous logins across all devices. Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) You are about to be charged. S$ 169.00/Year. Step 2 of 4: Enter Address. Delivery Address. Error: First name field is required.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’s SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of aBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AND HONG KONG TO REVIEW TRAVEL BUBBLE IN EARLY 20 hours ago · The Ministry of Transport (MOT) has, on June 10, announced that the Singapore and Hong Kong governments will review the situation in early July before making a decision on the target launch dates of the air travel bubble flights. JEFF BEZOS WILL GO TO SPACE IN HIS OWN BLUE ORIGIN FLIGHT Jeff Bezos said he will go to space when his company, Blue Origin, launches its first passenger-carrying mission next month. The 57-year-old billionaire, who plans to travel alongside his brother, Mark, made the announcement in an Instagram post Monday. CDL REPORTED TO HAVE FILED FOR $936.6 MIL REIT IPO CDL reported to have filed for $936.6 mil REIT IPO. City Developments Ltd has filed an application with the Singapore Exchange to launch the IPO of a REIT. The developer is looking to raise around 500 million pounds ($936.6 million) from this IPO, reported Bloomberg, citingunnamed sources.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you NIUM | THE EDGE SINGAPORE Nium News - Read the latest Nium breaking news & stay updated on business news, investment, company news, stocks, Nium news only on TheEdge Singapore.
SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
THEEDGESINGAPORE.COM theedgesingapore.com DBS PRIVATE BANK LAUNCHES TRUST SOLUTION FOR DBS Private Bank has, on May 14, launched a trust solution for cryptocurrencies, making it Asia’s first bank-backed trust solution for the asset class. The solution was launched via DBS Trustee, DBS’s wholly-owned, licensed trust company, to enable the bank’s private clients to invest, custodise and manage their digital assetsin a safe
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customersPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’s VIEWS | THE EDGE SINGAPORE Unlimited access to online articles. Simultaneous logins across all devices. Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) You are about to be charged. S$ 169.00/Year. Step 2 of 4: Enter Address. Delivery Address. Error: First name field is required.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of aBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’s VIEWS | THE EDGE SINGAPORE Unlimited access to online articles. Simultaneous logins across all devices. Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) You are about to be charged. S$ 169.00/Year. Step 2 of 4: Enter Address. Delivery Address. Error: First name field is required.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
FOOD MANUFACTURER OTS HOLDINGS FILES IPO PROSPECTUS; TO OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry. “We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. MAPLETREE INDUSTRIAL TRUST TO LAUNCH PREFERENTIAL OFFERING Weekly print edition delivered to your mailbox Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of aBROKER'S CALLS
Broker's Calls News - Read the latest Broker's Calls breaking news & stay updated on business news, investment, company news, stocks, Broker's Calls news only on The Edge Singapore. RHB KEEPS 'BUY' CALL ON KIMLY WITH ITS LATEST ACQUISITION RHB Group Research is reiterating its "buy" call on coffeeshop operator Kimly with a higher target price of 42 cents from 39 cents previously, following the group's announcement of its acquisition of a 75% stake in domestic food business Tenderfresh for $54 million, of which $16 million will be paid through a new share issuance at 31.24cent
THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AND HONG KONG TO REVIEW TRAVEL BUBBLE IN EARLY 5 hours ago · The Ministry of Transport (MOT) has, on June 10, announced that the Singapore and Hong Kong governments will review the situation in early July before making a decision on the target launch dates of the air travel bubble flights. JEFF BEZOS WILL GO TO SPACE IN HIS OWN BLUE ORIGIN FLIGHT Jeff Bezos said he will go to space when his company, Blue Origin, launches its first passenger-carrying mission next month. The 57-year-old billionaire, who plans to travel alongside his brother, Mark, made the announcement in an Instagram post Monday. CDL REPORTED TO HAVE FILED FOR $936.6 MIL REIT IPO CDL reported to have filed for $936.6 mil REIT IPO. City Developments Ltd has filed an application with the Singapore Exchange to launch the IPO of a REIT. The developer is looking to raise around 500 million pounds ($936.6 million) from this IPO, reported Bloomberg, citingunnamed sources.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you NIUM | THE EDGE SINGAPORE Nium News - Read the latest Nium breaking news & stay updated on business news, investment, company news, stocks, Nium news only on TheEdge Singapore.
SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
THEEDGESINGAPORE.COM theedgesingapore.com DBS PRIVATE BANK LAUNCHES TRUST SOLUTION FOR DBS Private Bank has, on May 14, launched a trust solution for cryptocurrencies, making it Asia’s first bank-backed trust solution for the asset class. The solution was launched via DBS Trustee, DBS’s wholly-owned, licensed trust company, to enable the bank’s private clients to invest, custodise and manage their digital assetsin a safe
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customers SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’sPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you ANALYSTS 'HOLD' ON SEMBCORP MARINE BUT UP TARGET PRICES ON Analysts 'hold' on Sembcorp Marine but up target prices on improving outlook. CGS-CIMB and DBS Group Research kept their ‘hold’ ratings for Sembcorp Marine (SembMarine) unchanged after its 1QFY2021 ended March business update guided a net loss for FY2021. However, analysts from both brokerages upped their target prices for SembMarine. SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. HYFLUX TO WIND UP; REMAINING VALUE 'BEST REALISED' IN Hyflux to wind up; remaining value 'best realised' in liquidation. The judicial managers (JM) of Hyflux Limited, Patrick Bance and Hamish Alexander Christie of Borrelli Walsh, have filed an application to the High Court on June 4 to wind up the company. In a filing on June 4, Bance and Christie have deemed that the objectives of the company’sPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market. THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you ANALYSTS 'HOLD' ON SEMBCORP MARINE BUT UP TARGET PRICES ON Analysts 'hold' on Sembcorp Marine but up target prices on improving outlook. CGS-CIMB and DBS Group Research kept their ‘hold’ ratings for Sembcorp Marine (SembMarine) unchanged after its 1QFY2021 ended March business update guided a net loss for FY2021. However, analysts from both brokerages upped their target prices for SembMarine. SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
NET PACIFIC FINANCIAL TRIGGERS SGX QUERY AFTER HIGH 1 day ago · Net Pacific Financial Holdings, SGX query. Catalist-listed Net Pacific Financial Holdings saw its share price jump 80.8% to 5 cents this morning following unusually high tradingvolume.
OCBC BANK CLOSES SUSTAINABILITY-LINKED INTEREST RATE SWAP OCBC Bank has closed a sustainability-linked interest rate swap with Far East Hospitality REIT on June 9. The 2.5-year, $85 million structured derivative transaction aims to provide a hedge against interest rate risk related to Far East Hospitality REIT’s sustainability-linked loan facility, which was secured from OCBC Bankin March.
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customers SINGAPORE TIGHTENS COMMUNITY MEASURES FURTHER AS COVID Dining out at F&B establishments will be banned and social gatherings will be reduced as Singapore tightens Covid-19 measures This article features: Singapore, Covid-19 clusters, Covid-19, Covid-19 measures,Jobs Support Scheme ,Government agencies, BRIEFS: SHELL LOSES CLIMATE CASE; SEMBCORP INDUSTRIES AIMS Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a personalized Bynd Artisan Notebook SHENG SIONG GROUP TO OPEN THIRD STORE IN CHINA 10 hours ago · Sheng Siong Group, via its subsidiary Sheng Siong (China) Supermarket Co, has entered into a lease agreement with Yunnan Yingjun Commercial Operation Management Co for retail space for a store in Kunming, China. WWW.THEEDGESINGAPORE.COM www.theedgesingapore.comTHE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you THEEDGESINGAPORE.COM theedgesingapore.com REPLACE ALIBABA WITH JD.COM; DROP HAIDILAO AND OTHER Chinese equity markets made further gains in May but outperforming sectors were mostly defensive, such as staples and healthcare. This article features China stocks, JD.com Inc, JD Logistics, UOB Kay Hian Research, Haidilao, Alibaba,THE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
THE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customers BITCOIN SLIDES AFTER MUSK TWEETS BROKEN-HEART EMOJI FOR Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price. The coin dropped as much as 5.4% and was trading at about $36,980 as of 7:05 a.m. inLondon. The decline
Q&M’S ACUMEN RECEIVES APPROVAL FROM MOH TO PROVIDE OFFSITE Shares in Q&M closed 1 cent lower or 1.4% down at 68 cents on June 4. Q&M’s 51%-owned subsidiary Acumen Diagnostics have been granted approval by the Ministry of Health (MOH) to provide offsite Covid-19 Polymerase Chain Reaction (PCR) swab and serology services on June 2. SATS SHRUGS OFF FULL-YEAR LOSS; FOCUSES ON E-COMMERCE Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a personalized Bynd Artisan Notebook REPLACE ALIBABA WITH JD.COM; DROP HAIDILAO AND OTHER Chinese equity markets made further gains in May but outperforming sectors were mostly defensive, such as staples and healthcare. This article features China stocks, JD.com Inc, JD Logistics, UOB Kay Hian Research, Haidilao, Alibaba,THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
THE EDGE SINGAPORE
TPG-backed TE Asia Healthcare targets US$1 bil valuation in 5 years. TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion ($1.33 billion) in five years as it expands in Southeast Asia, according toit. April 19, 2021.
SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
D-Wave promises to bring Singapore into the quantum age. In its never-ending quest for ever greater returns and ever lower risk, the financial services industry is in a perpetual technological arms race.May 07, 2021.
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customers BITCOIN SLIDES AFTER MUSK TWEETS BROKEN-HEART EMOJI FOR Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price. The coin dropped as much as 5.4% and was trading at about $36,980 as of 7:05 a.m. inLondon. The decline
Q&M’S ACUMEN RECEIVES APPROVAL FROM MOH TO PROVIDE OFFSITE Shares in Q&M closed 1 cent lower or 1.4% down at 68 cents on June 4. Q&M’s 51%-owned subsidiary Acumen Diagnostics have been granted approval by the Ministry of Health (MOH) to provide offsite Covid-19 Polymerase Chain Reaction (PCR) swab and serology services on June 2. SATS SHRUGS OFF FULL-YEAR LOSS; FOCUSES ON E-COMMERCE Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a personalized Bynd Artisan Notebook REPLACE ALIBABA WITH JD.COM; DROP HAIDILAO AND OTHER Chinese equity markets made further gains in May but outperforming sectors were mostly defensive, such as staples and healthcare. This article features China stocks, JD.com Inc, JD Logistics, UOB Kay Hian Research, Haidilao, Alibaba,THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you THEEDGESINGAPORE.COM theedgesingapore.comTHE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you CAROUSELL APPOINTS FORMER RAZER EXECUTIVE EDWIN CHAN AS 2 hours ago · Carousell Group today announced the appointment of former Razer executive Edwin Chan, as its CFO. Chan, who will report to Carousell co-founder and group CEO Quek, Siu Rui, will oversee the group’s overall capital strategy, including corporate development, fundraising, as well SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you SINGAPORE AIRLINES TO RAISE $6.2 BIL VIA MCBS FOLLOWING $4 The rights shares were fully subscribed by valid shareholders, but the MCBs were snubbed. at the time.. The announcement comes after the group posted a net loss of $803.7 million in the 4QFY2021 ended March, deepening its losses from the $417.6 million in the 4QFY2020. THEEDGESINGAPORE.COM theedgesingapore.comPRINT EDITION
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.DIGITALEDGE
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.THE EDGE SINGAPORE
The Edge Singapore | Investment strategies for you CAROUSELL APPOINTS FORMER RAZER EXECUTIVE EDWIN CHAN AS 2 hours ago · Carousell Group today announced the appointment of former Razer executive Edwin Chan, as its CFO. Chan, who will report to Carousell co-founder and group CEO Quek, Siu Rui, will oversee the group’s overall capital strategy, including corporate development, fundraising, as well SINGTEL EXPECTS TO INCLUDE NET EXCEPTIONAL LOSSES OF $839 Singapore Telecommunications (Singtel) announced on May 14, that it expects to include net exceptional losses of $839 million and $1.21billion
WHAT 16TH-CENTURY VENICE TEACHES US ABOUT CRYPTO On Feb. 18, 1522, a secondhand clothing merchant named Geronimo Bambarara in the crowded Rialto district of Venice came up with a new way of clearing out stock. Instead of selling his goods directly for money, he decided to enter customers BITCOIN SLIDES AFTER MUSK TWEETS BROKEN-HEART EMOJI FOR Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price. The coin dropped as much as 5.4% and was trading at about $36,980 as of 7:05 a.m. inLondon. The decline
Q&M’S ACUMEN RECEIVES APPROVAL FROM MOH TO PROVIDE OFFSITE Shares in Q&M closed 1 cent lower or 1.4% down at 68 cents on June 4. Q&M’s 51%-owned subsidiary Acumen Diagnostics have been granted approval by the Ministry of Health (MOH) to provide offsite Covid-19 Polymerase Chain Reaction (PCR) swab and serology services on June 2. SATS SHRUGS OFF FULL-YEAR LOSS; FOCUSES ON E-COMMERCE Unlimited access to online articles 3 Simultaneous logins across all devices Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login) *Bonus redemption of a personalized Bynd Artisan Notebook REPLACE ALIBABA WITH JD.COM; DROP HAIDILAO AND OTHER Chinese equity markets made further gains in May but outperforming sectors were mostly defensive, such as staples and healthcare. This article features China stocks, JD.com Inc, JD Logistics, UOB Kay Hian Research, Haidilao, Alibaba,THE EDGE SINGAPORE
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SINGAPORE ECONOMY
DECLINE IN SINGAPORE'S DOMESTIC AND FOREIGN WHOLESALE SALES SEE IMPROVEMENT IN 3Q2020 Singapore’s domestic wholesale sales plunged 36.4% year-on-year in 3Q2020 ended September, improving from the 40.6% decline seen in the previous quarter ended June.INCLUSIVE SOCIETY
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