Fashion
SID launches initiatives to build director competencies
TO strengthen the competencies at the top of Singapore companies, the Singapore Institute of Directors (SID) unveiled a slew of new initiatives at its Directors Conference 2024. These come...
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth individualsAZALEA Investment Management has announced the final closings of its two Altrium...
US port strikes to boost global shipping rates despite earlier front-loading of peak season demand
Prices spiked in July as companies scheduled shipments before the usual year-end peak periodTHE year-end peak shipping season has been quieter than usual, as companies brought forward shipments amid...
Nippon Steel invests in Mlion, eyes stronger Asean foothold
The Japanese steel giant hopes to leverage Mlion’s position as a market leader in the steel sheet piling sectorSINGAPORE-headquartered foundation solutions company Mlion Corporation has received a minority investment...
US East Coast dockworkers head toward strike after deal deadline passes
DOCKWORKERS on the US East Coast and Gulf Coast were expected to strike on Tuesday morning after a midnight deadline passed with no sign of a new contract deal...
Ringgit’s surge pressures Singapore shoppers and Malaysians working across borders
Observers say it could continue strengthening, but that a return to below the 3.00 level against the Singdollar is unlikely[KUALA LUMPUR] The Malaysian ringgit’s surge against the Singapore dollar...
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited upcoming US data for insights...
Venture Corp appoints Wong Chee Kheong as group CEO
TECHNOLOGY company Venture Corporation has named Wong Chee Kheong, 62, as its group chief executive officer (CEO) effective Nov 1.
In his new role, Wong will provide leadership to...
Stocks to watch: Japfa, Keppel, Mapletree Industrial Trust, Venture, CapitaLand Ascott Trust, QAF
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 1): Source link
CapitaLand Ascott Trust to acquire lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan Singapore.On Tuesday (Oct 1), its managers...
