HONG KONG: The board of directors of Kaisa Group Holdings Limited has announced appointments of Vice Chairman and Co-Presidents effective 5 November 2020. Mr. Mai Fan, who is currently an executive Director, the president and the chief executive officer of the Group will, in addition to his current roles, be appointed as a vice chairman…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
SGX pioneers SingPass use for transaction signing of Central Depository services
SINGAPORE: Singapore Exchange (SGX) is pioneering the use of SingPass to authorise, or sign, transactions that require a high level of security. SGX’s Central Depository (CDP) began offering SingPass access including transaction signing from 26 October 2020 for its CDP Internet online services. The introduction of SingPass is part of a larger plan to bring…
CapitaLand, SP, Sembcorp to study use of integrated energy solutions to green data centres
SINGAPORE: CapitaLand, SP Group and Sembcorp Industries have signed a Memorandum of Understanding (MOU) to jointly study the use of integrated energy solutions to power data centres, a news release said. CapitaLand’s data centre is the first to pilot in Singapore under SP’s Energy Partnership Programme. The integrated energy solutions will potentially include a combination…
Yangzijiang secures new orders worth $198million from a Japanese shipowner
SINGAPORE: Yangzijiang Shipbuilding (Holdings) Ltd., a globally-leading shipbuilding group based in China, has entered into an agreement with a Japanese shipowner for the building and delivery of ten 3,500TEU containerships. Out of the orders for the ten vessels, five are firm orders worth approximately USD198 million in total. These are accompanied by five option orders…
CDL appoints Deloitte & Touche to evaluate investment in Sincere Property Group
SINGAPORE: City Developments Limited (CDL) announced the appointment of Deloitte & Touche Financial Advisory Services as its External Financial Advisor to assist in further evaluating and reviewing its 51.01% joint venture equity investment in Sincere Property Group (Sincere) based in China. The CDL investment of an effective 51.01% stake in Sincere, completed in April 2020,…
Lonza Welcomes New Group Chief Executive Officer Pierre-Alain Ruffieux
BASEL: Pierre-Alain Ruffieux today joins Lonza Group in the role of Chief Executive Officer, a news release said. Albert Baehny has taken the role of CEO ad interim since November 2019. He will now work with Pierre-Alain to ensure a smooth handover of leadership before returning to his role as Chairman of the Board of…
Hyphens Pharma expands Ocean Health distribution to Sri Lanka
SINGAPORE: Hyphens Pharma International ‘s subsidiary Ocean Health Pte Ltd has signed a Distribution Agreement with Healthguard Pharmacy Limited to appoint Healthguard as an exclusive distributor of Ocean Health health supplements. Under the agreement, Healthguard will be granted exclusive rights to distribute Ocean Health health supplement products in Sri Lanka, such as Ocean Health’s best-known…
Ng Kee Choe to retire as Chairman of CapitaLand; Miguel Ko to be next Chairman
SINGAPORE: CapitaLand Limited announced that Mr Ng Kee Choe will retire as Chairman and director of CapitaLand at the conclusion of its next annual general meeting (AGM) scheduled for April 2021. Mr Miguel Ko, currently Deputy Chairman of CapitaLand, will succeed Mr Ng as Chairman when Mr Ng retires next year. This follows the completion…
Workiva Inc. appoints Julie Iskow to its Board of Directors
AMES: Workiva Inc. announced that Julie Iskow, EVP and Chief Operating Officer, has been appointed to the Workiva Board of Directors, effective Jan. 1, 2021. “Julie’s extensive experience in leading and scaling SaaS companies has been extremely valuable to us over the past year,” said Workiva Chief Executive Officer Marty Vanderploeg. “Her leadership of cross-functional…
Transurban opened Northconnex Project in Sydney
SINGAPORE: Transurban Group announced that it opened NorthConnex on 31 October 2020. The 9-kilometre twin NorthConnex tunnels connect the M1 Pacific Motorway and the Hills M2 Motorway in Sydney’s north suburbs, providing a critical missing link in the Sydney orbital network and national transport route. NorthConnex will improve travel times and productivity for both commuters…
Sembcorp announces divestment completion of water business in Panama
SINGAPORE: Sembcorp Industries (Sembcorp) through its wholly-owned UK subsidiary Sembcorp Holdings Ltd, signed and completed a sale and purchase agreement to divest 100% of its stake in Sembcorp Investments Ltd (SIL), which owns 100% of Aguas de Panama S.A. (APSA), to an affiliate of Seven Seas Water Corporation (SSW). The gross consideration for the sale…
Lonza signs agreement to manufacture AstraZeneca’s COVID-19 treatment
BASEL: Lonza has signed an agreement with AstraZeneca to manufacture AZD7442, a combination of two long-acting antibodies (LAABs) for the potential prevention and treatment of COVID-19, a news release said. AZD7442 is currently in Phase-I clinical studies and AstraZeneca plans to advance the LAAB combination into Phase-3 trials in the coming weeks. The agreement enables…