SINGAPORE: CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT), and United Overseas Bank Limited (UOB) announced that UOB has converted a S$200 million revolving credit facility extended to CMT into a sustainability-linked loan. This is CMT’s first sustainability-linked loan, of which proceeds will be used for general corporate purposes. UOB…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Alliance Healthcare signs business collaboration agreement with DBS Bank
SINGAPORE: Alliance Healthcare Group Limited’s wholly-owned subsidiary, Alliance Healthcare Pte. Ltd. has signed an agreement with DBS Bank Ltd pursuant to which Alliance and DBS shall collaborate for an initial term of two years to engage in joint marketing activities to promote each other’s products, services and/or platforms. The Board of Alliance Healthcare Group believes…
Hong Lai Huat Group enters MoU with Denmark based SKIOLD on an intended $1bn collaboration
SINGAPORE: Hong Lai Huat Group Limited has entered into a non-binding Memorandum of Understanding (MoU) with Denmark based SKIOLD on an intended collaboration for a proposed Cambodia-Singapore Agriculture Special Economic Zone with an estimated investment value of USD 1 billion. The signing of the MoU was witnessed by The Ambassador of Denmark to Singapore H.E….
Parkway Life REIT joins FTSE EPRA NAREIT Global Developed Index
SINGAPORE: Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust (PLife REIT), announced that PLife REIT will be included in the FTSE EPRA NAREIT Global Developed Index after the close of business on 18 September 2020. Yong Yean Chau, Chief Executive Officer of the Manager, said: “It is a significant milestone…
MindChamps partner Success Resources to launch its franchise model in Australia
SINGAPORE: MindChamps PreSchool Limited (MindChamps) through its wholly owned subsidiary, MindChamps Early Learning Australia Pty Limited, continues to expand its footprint in Australia with a new partnership with Success Resources Ventures Pty Ltd (Success Resources). Under this partnership, Success Resources, Australia’s largest events promoter with speakers such as Tony Robbins and Sir Richard Branson, will…
Singapore Exchange to launch crypto indices in collaboration with CryptoCompare
SINGAPORE: Singapore Exchange (SGX) is collaborating with UK-based cryptocurrency market data provider CryptoCompare, to launch crypto indices under the SGX iEdge index suite, namely the iEdge Bitcoin Index and iEdge Ethereum Index, as the first batch of such indices. “As the world moves swiftly towards digitalisation in the creation and accumulation of wealth, digital assets…
SGX, in collaboration with HSBC and Temasek, completes pilot digital bond for Olam International
SINGAPORE: Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first digital bond issuance on SGX’s digital asset issuance, depository and servicing platform, successfully replicating a S$400 million 5.5-year public bond issue and a follow-on S$100 million tap of the same issue by Olam International. An Asia first for a syndicated…
SGX and GF Securities to promote greater connectivity between Singapore and China’s capital markets
SINGAPORE: Singapore Exchange (SGX) has signed a Memorandum of Understanding (MOU) with GF Securities Corporation, one of the leading securities brokerage houses in China, to promote greater connectivity between Singapore and China’s capital markets. The MOU was announced at the 11th Singapore-Guangdong Collaboration Council meeting co-chaired by Singapore’s Minister for Transport Ong Ye Kung and…
Aurizon successfully prices A$ medium term notes
SINGAPORE: Aurizon announced it has successfully priced another issuance under its Aurizon Network Pty Ltd (Aurizon Network) A$ Debt Issuance Program. The A$500 million 10-year notes will be issued at a fixed coupon of 2.9% per annum, pricing at 210 basis points over the 10-year swap rate. Settlement of the issuance is expected to take…
Envictus International appoints liquidator to wind-up subsidiary in New Zealand
SINGAPORE: The Board of Directors of Envictus International Holdings Limited announced that Stephen Mark Lawrence of PKF Corporate Recovery & Insolvency has been appointed as the liquidator for the voluntary winding-up of Naturalac Nutrition Limited (NNL), a wholly-owned indirect subsidiary of the Company incorporated in New Zealand. The Liquidation was undertaken as NNL had ceased…
Xero to acquire invoice lending platform Waddle for a total of AUD $80 million
SINGAPORE: Xero Limited has announced the acquisition of Waddle, a cloud-based lending platform that helps small businesses access capital through invoice financing. With an upfront cash payment of AUD $31 million and subsequent earnout payments based on product development and revenue milestones, of up to AUD $49 million, the total potential consideration for the purchase…
OIO Holdings secures blockchain consulting contract from Moonstake
SINGAPORE: OIO Holdings Limited has secured business strategy and IT consulting contract worth $1 million with Moonstake Pte Ltd to further develop more staking opportunities for users on its platform, one of the latest innovations in the blockchain industry. Moonstake appoints OIO to work on extensive improvements to the user experience and user interfaces (UI/UX)of…