Million
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential build-to-sell sector[SINGAPORE] Shares of Hongkong Land surged to a...
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company’s technology, CNBC reported...
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
[SINGAPORE] Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for S$738.7 million, the companies said on Thursday (Sep...
Malaysia’s Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith[SINGAPORE] Real estate group Hongkong Land will sell its Singapore and Malaysian property arm MCL Land...
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look into supporting relevant startups in the Asia-Pacific, as well as companies from elsewere looking to expand into the region [SINGAPORE] Octave Capital, formerly Heritas Capital,...
Del Monte Pacific restates US$443 million loans to non-current status; auditor issues disclaimer on US$703 million entry
[SINGAPORE] Del Monte Pacific (DMP) will not have to repay a loan of nearly US$443 million in the current fiscal year after reclassifying them as non-current liabilities. In a...
Del Monte Pacific restates US$443 million loans to non-current status; requests PSE trading suspension to be lifted
The company is suspended from trading in the Philippines over late filing of annual report[SINGAPORE] Del Monte Pacific (DMP) will not have to repay loans of nearly US$443 million...
Marco Polo Marine shares retreat after short-lived rally on S$100 million order book wins
The counter ends the day at S$0.075, after increasing by as much as 6.7% in a flurry of buys on Thursday morning[SINGAPORE] Shares of Marco Polo Marine enjoyed a...
