SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has negotiated a six year lease extension on an Asian flag carrier-operated Boeing 737-800 aircraft. The lease extension rent is at a market rate and the expiry date for the lease has been extended from June 2022 to June 2028. Jeff Chatfield, Executive Chairman of Avation,…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Singapore Exchange and Economic Society launch essay competition on capital markets of the future
SINGAPORE: Singapore Exchange (SGX) and the Economic Society of Singapore (ESS) have partnered to launch the SGX-ESS Essay Competition that encourages participants to analyse and debate on how the networks and mechanisms of price formation are likely to evolve in the future. Markets are collections of individual sellers and buyers determining the prices of goods…
SGX to hold month-long webinar series on the current state of the global economy
SINGAPORE: Singapore Exchange (SGX) will be hosting Commodities Unplugged, a month-long webinar series from 18 May to 12 June, featuring commodities industry specialists and subject matter experts who will share independent and actionable insights on the current state of the global economy, what the post-pandemic world may look like and its impact and linkages between…
Biolidics appoints Mediproud for distribution of Novel Coronavirus 2019 antibody test kits in Thailand
SINGAPORE: Biolidics Limited has entered into a distribution agreement with Mediproud Co., Ltd, a company incorporated in Thailand, to appoint Mediproud as a non-exclusive distributor for the Company’s test kits for the detection of the Novel Coronavirus 2019 antibodies (the “COVID-19 Antibody Test Kits”), in Thailand for a duration of one year. The Company’s COVID-19…
Raffles Infrastructure Holdings clinches $800mn Bangladesh Trust Green City Development Project
SINGAPORE: Raffles Infrastructure Holdings Limited has won the bid for the Bangladesh Trust Green City Development Project with an estimated value of USD 800 million. Raffles Infrastructure refers to its announcement dated 13 December 2019 in relation to the bidding for a township development project in Zones 2, 3 and 4 of Baunia, Dhaka (now…
Grand Banks Yachts announces resumption of operations at Pasir Gudang yard in Malaysia
SINGAPORE: Grand Banks Yachts Limited announced that the Group’s manufacturing yard in Pasir Gudang, Malaysia, has received approval from the Government of Malaysia to resume operations with immediate effect. As announced on 19 March 2020 and 28 April 2020, the temporary closure of the Pasir Gudang yard was in compliance with the Movement Control Order…
Boustead Projects awarded significant design-and-build contract in Malaysia
SINGAPORE: Boustead Projects Limited, a leading specialist in smart eco-sustainable real estate solutions, announced that its wholly-owned design and-build subsidiary in Malaysia, BP Engineering Solutions Sdn Bhd has secured a significant design-and-build contract to deliver an advanced high-tech industrial facility in Penang, Malaysia. The client is the local unit of a global technology corporation. The…
SPH REIT extends tenants’ assistance scheme
SINGAPORE: The Singapore government announced an extension of the circuit breaker by 4 weeks to 1 June 2020. To assist its tenants, SPH REIT will be granting full rental waiver for two months – April and May 2020, for eligible non-trading retail and medical tenants. Together with the rental rebates granted in February and March,…
Hong Leong Finance hits 500th customer in approved COVID-19 loan relief applications
SINGAPORE: Hong Leong Finance (HLF) has seen a surge in COVID-19 approved loan relief applications, reporting that it has approved applications from 500 customers, comprising 300 from local businesses and 200 from retail customers. HLF expects to see a further increase following the latest announcement by the Monetary Authority of Singapore to ease cash flow…
SGX and AMTD International form partnership to enhance connectivity of financial markets
SINGAPORE: AMTD International and Singapore Exchange (SGX) have entered into a long-term strategic partnership to promote the development of Singapore’s capital markets and strengthen connectivity between Singapore, ASEAN, the Greater Bay Area, the rest of China and the Middle East. Through this collaboration, AMTD International and SGX will work together to meet the growing market…
Sasseur REIT reports RMB 47.2 million in first-day sales for annual spring sales event
SINGAPORE: Sasseur Asset Management Pte. Ltd. (SAMPL), in its capacity as manager of Sasseur Real Estate Investment Trust, announced that the four outlet malls in China under Sasseur REIT’s portfolio have recorded strong first-day sales during its annual Spring Sales period in April. The Spring Sales events this year started around the third or fourth…
Origin Energy establishes strategic partnership with Octopus Energy to transform retail business
SINGAPORE: Origin Energy Limited has established a strategic partnership with fast-growing United Kingdom retailer and emerging technology business Octopus Energy to transform its retail operations delivering a radical improvement in customer experience, a material reduction in costs, and opening up future growth opportunities. Origin will acquire a 20 per cent interest in Octopus and a…