SINGAPORE: PT. Suri Tani Pemuka (PT STP), a subsidiary of PT Japfa Comfeed Indonesia, has entered into a joint venture agreement with Hendrix Genetics Aquaculture to establish a joint venture company that will own and operate a shrimp Broodstock Multiplication Centre (BMC) in Indonesia.
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Addvalue partners with Aiot Chile to offer smart environmental monitoring solutions
SINGAPORE: Addvalue Technologies’ subsidiary Addvalue Communications Pte Ltd. has entered into a Teaming Agreement with AIOT Chile SpA (SmartDots), a Chilean company specializing in smart Internet-of-Things (IoT) solutions for the South America market. Addvalue Technologies will provide a smart satcom-based digital IOT/M2M solution, using Addvalue’s Satellite Terminal Sabre Ranger 5000 as the primary communication device…
Keppel secures S$600 million contract in the offshore renewable energy industry
SINGAPORE: Keppel Offshore & Marine Ltd (Keppel O&M) has secured a S$600 million contract from an energy company for the engineering, procurement and construction of a vessel for the offshore renewable energy industry. This is in line with Keppel Corporation’s Vision 2030, which includes seeking opportunities in providing renewable energy solutions. Keppel O&M is able…
Grand Venture Technology incorporates wholly-owned subsidiary in Malaysia
SINGAPORE: The Board of Directors of Grand Venture Technology Limited has incorporated a wholly-owned subsidiary in Malaysia known as Grand Venture Technology (Penang) Sdn Bhd (GVT PG). GVT PG was incorporated with an issued and paid-up share capital of MYR 3 (approximately S$1). The principal business of GVT PG will be that of manufacturing complex…
Suntec REIT enters London with £430.6 million acquisition of Nova Properties
SINGAPORE: Suntec REIT has entered into a sale and purchase agreement with Canada Pension Plan Investment Board to acquire a 50% interest in two Grade -A office buildings (Nova Properties) with ancillary retail for an agreed value of £430.6 million. The properties include Nova North, Nova South and The Nova Building or collectively known as…
Golden Agri-Resources forms new Brazilian subsidiary to enhance sugar trading business
SAO PAOLO: Golden Agri-Resources (GAR), one of the leading integrated palm oil producers in the world, is enhancing its sugar trading business by incorporating a fully owned subsidiary in Sao Paolo, Brazil: Golden Agri-Resources Brasil Sociedade Limitada Unipessoal (GAR Brazil). GAR’s European sales team identified complementary merchandising opportunities in sugar, aligned with its existing palm…
JSW Steel’s Periama Holdings plans $ billion international offering
SINGAPORE: Periama Holdings LLC, a wholly owned indirect subsidiaries of JSW Steel Limited, is considering conducting an international offering of U.S. dollar denominated senior notes in an aggregate principal amount of up to $1.0 billion. The Notes would be guaranteed by Periama Holdings. The proceeds of the issue will be used for repayment of part…
SGX welcomes the listing of Phillip SGD Money Market ETF, the first of its kind in South East Asia
SINGAPORE: Singapore Exchange (SGX) has welcomed the listing of Phillip SGD Money Market ETF, a new treasury and cash management tool for institutional investors as well as a timely alternative investment solution for individual investors to manage their ready cash efficiently. Managed by Phillip Capital Management, the fund invests in short term, high quality money…
OIO Holdings to start blockchain consulting and development services in Indonesia
SINGAPORE: OIO Holdings Limited (OIO) announced its entry into the Indonesian market with a Memorandum of Understanding (MOU) with PT. Infiniti Teknologi Indonesia. Under the MOU, OIO will cooperate with Infiniti to support companies across various Indonesian industries planning to adopt blockchain-based technology in their business operations with the aim of unlocking new growth areas…
Kribi starts operations at the multi-purpose terminal of the Port of Kribi
SINGAPORE: Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of ICTSI, has started commercial operations at the multi-purpose terminal of the Port of Kribi in Cameroon, Central Africa. The Port of Kribi is a newly built port with deep draft located in Cameroon, Central Africa. Phase 1 of the multi-purpose terminal consists of 265m of berth…
Impact BioMedical to begin efficacy testing of Pan-Coronavirus vaccine under newly formed subsidiary
ROCHESTER: Impact BioMedical Inc. has formed a new wholly owned subsidiary, Innate Immune Inc., to initiate efficacy testing of a pancoronavirus vaccine, a special type of vaccine designed to protect against multiple coronaviruses. “Highly pathogenic human coronaviruses are continuously emerging and remain a major threat to human health,” stated Daryl Thompson, Impact BioLife’s Director of…
SGX wins Exchange of the Year at FOW Asia Capital Markets Awards
SINGAPORE: Singapore Exchange (SGX) has again won the “Exchange of the Year” accolade at the FOW Asia Capital Market Awards 2020 for its leadership in supporting clients with a pan-Asia waterfront of derivatives, amid heightened uncertainty in global markets. SGX’s focus on customer-first execution enabled market participants to manage risk round-the-clock, even as the spread…