Million
Jardine Matheson to delist Mandarin Oriental at US$3.35 a share; Mandarin Oriental sells HK property for US$925 million
[SINGAPORE] Controlling shareholder Jardine Matheson is moving to take Mandarin Oriental private in a recommended cash takeover valued at US$3.35 per share, bringing the hotel group’s total valuation to...
Nintendo aims to make 25 million Switch 2 units by end of March
NINTENDO has asked suppliers to produce as many as 25 million units of the Switch 2 by the end of March 2026, setting the company up for record first-year...
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross floor area[SINGAPORE] Extra Space Asia...
Centurion Corp acquires London site for £41 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio[SINGAPORE] Mainboard-listed Centurion Corp has acquired a land site in central London for £41 million (S$71 million)...
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the rest of the world[HANOI] Vietnamese conglomerate Vingroup is seeking...
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado[SINGAPORE] Shares of Seatrium plunged as much as 7.8 per cent on Friday...
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice...
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a final dividend of 0.48 sen per share and attributes the improved performance to stronger demand[SINGAPORE] Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net...
Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing
The company expects to raise net proceeds of about S$34.6 million, part of which will be used for land-site and building acquisitions [SINGAPORE] Industrial property developer Soon Hock Enterprise...
