SINGAPORE: Singapore Exchange (SGX) welcomed the listing of Nanofilm Technologies International Limited on its Mainboard under the stock code “MZH”. Nanofilm Technologies International Limited opened at S$2.77 today. Founded in 1999 as a high-tech spin-off from the Nanyang Technological University, Nanofilm Technologies International Limited is a leading provider of nanotechnology solutions in Asia. Their key…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Takeda to import and distribute 50 million doses of Moderna’s COVID-19 vaccine in Japan
OSAKA: Takeda Pharmaceutical Company Limited will import and distribute 50 million doses of Moderna’s COVID-19 vaccine candidate, mRNA-1273, starting in the first half of 2021, pending licensure in Japan, a news release said. This effort is part of a three-way agreement among Takeda, Moderna and the Government of Japan’s Ministry of Health Labour and Welfare…
Del Monte Philippines successfully completes its maiden bond offering
SINGAPORE: Tapping the Philippine debt capital markets for the first time, Del Monte Philippines Inc (DMPI) has successfully raised P6.47 billion worth of fixed-rate bonds. Del Monte Philippines Inc (DMPI) intends to list the bonds in the Philippine Dealing & Exchange Corporation on 30 October 2020. “The success of the bond offering reflects the investing …
Smart Urban Co-Innovation Lab opens in CapitaLand’s Singapore Science Park
SINGAPORE: The Smart Urban Co-Innovation Lab is officially opened today by Minister for Communications and Information, Mr S Iswaran. It is Southeast Asia’s first industry-led lab for smart cities solutions development, initiated by CapitaLand and supported by the Info comm Media Development Authority (IMDA)and Enterprise Singapore (ESG). The Smart Urban Co-Innovation Lab will bring together…
CapitaLand and Shopee collaborate to accelerate digitalisation of Singapore retailers
SINGAPORE: CapitaLand Group and Shopee have joined together to pioneering new operating models to help Singapore retailers digitalise, diversify their revenue streams and export their brands overseas, to address ever-evolving consumer preferences in the current COVID-19 landscape. COVID-19 has significantly impacted the retail sector, and accelerated structural shifts, such as the rise in e-commerce and…
QBE Insurance appoints Richard Pryce as interim group chief executive officer
SINGAPORE: QBE Insurance Group announced that Richard Pryce will assume the role of Interim Group Chief Executive Officer while the search process for a permanent replacement is underway. With Mr Pryce assuming the role of Interim Group Chief Executive Officer, Mike Wilkins will nowreturn to his role as Non-Executive Chair of the Board. QBE Group…
Mapletree Logistics Trust extends footprint in Australia with A$114 million acquisition
SINGAPORE: Mapletree Logistics Trust Management Ltd. (MLTM), as Manager of Mapletree Logistics Trust (MLT), announced the proposed acquisition of Acacia Ridge Distribution Centre located at 338 Bradman Street, Brisbane, Queensland, Australia, at a property purchase price of A$114 million (approximately S$109.8 million) from Alset Australian Mid TC Pty Ltd. Following this Acquisition, MLT will have…
GSUM-Titanland becomes Accredited Issue Manager for SGX Mainboard listings
SINGAPORE: Singapore Exchange (SGX) has welcomed GSUM-Titanland Capital Pte Ltd (GSUM-Titanland) as a newly accredited Issue Manager for SGX Mainboard listings. GSUM-Titanland is a corporate finance advisory firm and an associate company of GSUM Fund Management. The company helps clients to raise funds globally through capital market solutions including REIT and Business Trust listings, company…
Capitaland Retail China Trust to issue S$100 million fixed rate perpetual securities
SINGAPORE: HSBC Institutional Trust Services (Singapore) Limited , in its capacity as trustee of CapitaLand Retail China Trust (CRCT), has priced S$100 million fixed rate subordinated perpetual securities. The Perpetual Securities will be issued under the S$1.0 billion Multicurrency Debt Issuance Programme established by the Issuer. The Perpetual Securities will have no fixed redemption date…
AC Energy to setup 70MWp solar farm in India
SINGAPORE: Ayala Corporation’s energy arm, AC Energy, continues to expand its renewables business in India with the development of the 70 MWp (50 MWac) Paryapt Solar through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia Pacific. The estimated US$36 million facility is expected to start power generation in the first half of…
Wilmar Ranked Top in Asia for Workers’ Rights
SINGAPORE: Wilmar International Limited (Wilmar) achieved the highest scores in Asia and is ranked top ten globally in the 2020 Benchmark Findings Report1 on the Food & Beverage sector published by KnowTheChain. The independent report evaluates and scores 43 of the world’s largest food and beverage companies based on policies and practices to address forced…
Glenmark introduces NINDANIB for treatment of Pulmonary Fibrosis in India
MUMBAI: Glenmark Pharmaceuticals, a research-led, global integrated pharmaceutical company, launched NINDANIB (Nintedanib 100 and 150 mg capsules) for the treatment of pulmonary fibrosis in India. Glenmark being a leader in the area of respiratory has been amongst the first to launch the branded generic version at an affordable cost for the treatment of Pulmonary Fibrosis…