SINGAPORE: Singapore Exchange (SGX) released its market statistics for May 2020. The reopening of economies around the world lifted sentiment in equity markets, even as the COVID-19 pandemic continue to cloud the outlook for global growth. The exchange’s derivatives franchise gained amid increased portfolio demand in foreign exchange (FX) and commodities. Securities daily average value…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Lonza appoints Pierre-Alain Ruffieux as new Chief Executive Officer
BASEL, SWITZERLAND: The Board of Lonza announced today that Pierre-Alain Ruffieux has been appointed Chief Executive Officer effective 1 November 2020. Prior to that he held roles of increasing seniority at Novartis and has over 20 years’ experience in biopharmaceuticals. Albert Baehny, Chairman of the Board said: “The Board is delighted to have appointed someone…
Keppel enters into framework deed with Borr Drilling to defer scheduled delivery of rigs
SINGAPORE: Keppel Offshore & Marine Limited has through its wholly owned subsidiaries, Keppel FELS Limited and Offshore Partners Pte. Ltd., entered into a Framework Deed with Borr Drilling Limited and certain of its subsidiaries pursuant to which Keppel O&M agreed to, among other things, defer the scheduled delivery of five jackup rigs to Borr Drilling…
Creative launches Super X-Fi headphone holography in China
SINGAPORE: Creative Technology will be launching its groundbreaking Super X-Fi products in China, via an online event at 8pm on 5 June 2020. This signifies the entry of the multiple award-winning technology and its latest product range into the world’s biggest market. The launch features the latest additions to the line-up, all of which sport…
UAC Energy acquires 12.82% interest in Infigen Energy for AUD 90.4 million
SINGAPORE: UAC Energy Holdings Pty Ltd, an affiliate of AC Energy, has directly and indirectly acquired a 12.82% stake in Infigen Energy Limited for AUD 90.4 million. Infigen is a renewable energy developer, generator and retailer listed in the Australian Securities Exchange that owns and operates 670MW of wind farms all over Australia, as well…
SGX launches Singapore Single Stock Futures and signs MSCI Singapore licence agreement
SINGAPORE: Singapore Exchange (SGX) today announced that it will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020, in response to growing client demand for a broader suite of Singapore-linked equities products. The list of underlying securities for the SSFs are Comfortdelgro, DBS, Genting, Keppel, OCBC, Singtel, Thai Beverage, UOB, Wilmar and Yangzijiang…
Cromwell European REIT releases FY2019 sustainability report; achieves all ESG targets
SINGAPORE: Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust released sustainability report for the financial year ended 31 December 2019, wherein it is reported the Manager achieved all environmental, social, and governance (ESG) targets set by the board, and even surpassed some of them. The Manager’s Chief Executive Officer,…
SGX reduces licence agreement with MSCI from February 2021
SINGAPORE: Singapore Exchange (SGX) reaffirmed its commitment to providing market participants with a single platform to trade and risk-manage Asia across asset classes, as it reduces its licence agreement with MSCI Inc. This comes on the back of a decision between MSCI and SGX to let SGX’s licence agreement with MSCI, other than for MSCI…
Nomura to book JPY70 billion pretax income in Q1 of FY2020/21
TOKYO: In April, Nomura Holdings Inc. announced plans to relocate some of its Japan offices in accordance with the scheduled redevelopment of the Nihonbashi district in Tokyo. In line with the redevelopment, Nomura has obtained the right to real estate (reserved floor space) in the completed project in exchange for rights to the assets it…
Guocoland secures s$730 million green loan for a residential cum commercial project
SINGAPORE: GuocoLand Limited through its indirect subsidiaries, MTG Apartments Pte. Ltd. and MTG Retail Pte. Ltd., has secured a S$730 million green club loan from OCBC Bank, DBS Bank and ICBC Singapore Branch for the construction of a new luxury residential cum commercial development at Tan Quee Lan Street. The development is a joint venture…
Silverlake wins digital innovation enhancement and maintenance contracts
SINGAPORE: Silverlake Axis Ltd has secured contracts to deliver innovative and transformative digital innovation enhancement solutions to 15 of its existing customers and one extended maintenance support contract during the third quarter ended 31 March 2020. The contracts are signed with 2 leading banks in Singapore, 6 large Malaysian banks, 3 banks in Indonesia, a…
OPPO and Vodafone partner to bring OPPO products to Vodafone’s European markets
SHENZHEN: OPPO and Vodafone have announced a comprehensive partnership agreement that will bring a broad range of OPPO’s smartphones to Vodafone’s European markets starting from May 2020. As a leading smartphone brand with an innovative product portfolio, advanced 5G technology know-how, and annual handset shipments of more than 100 million, OPPO is a natural partner…