Corporate Sector, Industry, Singapore Exchange, News Releases
KARACHI: Pakistan Customs has detected gross mis-declaration of imported goods by Amreli Steels Limited, which would have caused a significant revenue loss if went undetected, Customnews.pk reported. Amreli Steels Limited was incorporated in 1984 as a private limited company and…
TOKYO, JAPAN: Rakuten Card Co., a wholly owned subsidiary of Rakuten Inc. has resolved to establish a company titled Rakuten Bank America to commence a banking operation in the United States, with an investment of USD 400 million. Rakuten Bank…
MUMBAI, INDIA: Cairn India Holdings Limited (CIHL), an overseas subsidiary of Vedanta Limited, and Volcan Investments Limited have agreed to unwind entirely the structured investment entered between them in December 2018 ahead of the originally envisaged schedule. With this, Volcan…
LONDON: 3i Infrastructure plc has agreed to invest €220 million to acquire up to 100% of Ionisos, a leading owner and operator of cold sterilisation facilities servicing the medical, pharmaceutical and cosmetics industries, from Ardian Expansion. Completion is expected to…
LONDON: Having secured network sharing agreements in several key markets, Vodafone Group Plc announced Friday that it is proceeding with plans to monetise a substantial proportion of its European tower infrastructure during the next 18 months, including the previously announced…
SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering), a global technology, defence and engineering group has announced that its Aerospace and Electronics sectors have secured new contracts with a combined value of about $1.5 billion for the second quarter (2Q) of…
The S$40 million wastewater treatment complex is the company’s second treatment plant and will have a capacity of 1,000 cubic meter per day – one of the largest in Singapore. “The NSL OilChem Waste Management’s industrial wastewater treatment complex will…
SINGAPORE: Sunpower Group Ltd., an environmental protection solutions specialist with a leading edge in anti-pollution investment projects, has won Manufacturing and Services (M&S) tender worth over RMB 30 million from new customer Fujian Gulei Petrochemical Co., Ltd. Fujian Gulei Petrochemical…
LONDON: redT energy plc, the energy storage company, is pleased to announce that it has agreed to outline terms for a proposed merger with Avalon Battery Corporation. The parties have signed a non-binding Memorandum of Understanding (MOU) and have plans…
LONDON: Cora Gold has been awarded 100% ownership of the 82km2 Tagan Permit located along the Yanfolila Gold Belt in southern Mali. The newly awarded permit area overlies what is considered to be the most prospective area of a previous…
LONDON: Anglo American plc announced the appointment of Nolitha Fakude as Chairman of Anglo American’s Management Board in South Africa, with effect from 1 September 2019. Fakude will step down as a non-executive director on the Board of Anglo American…
SINGAPORE: Leading Japanese restaurant chain, Japan Foods Holding Ltd. has clinched the “Best Annual Report (Silver)”at the 2019 Singapore Corporate Awards in the category for listed companies with less than S$300 million in market capitalisation. The Best Annual Report Award…