Culture
CapitaLand Ascendas Reit to acquire 3 Singapore properties for about S$565.8 million
[ad_1] It will increase the value of Clar’s portfolio in the Republic to around S$12.3 billion[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Tuesday (Oct 7) announced the proposed...
LG’s India IPO is said to attract Abu Dhabi, Norway, Singapore wealth funds
[ad_1] The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14 [MUMBAI] The sovereign wealth...
LG Electronics’ US$1.3 billion India IPO fully subscribed on first day
[ad_1] The share sale signals growing confidence that investor demand can absorb large issuances despite the headwinds facing the local stock market[MUMBAI] LG Electronics’ US$1.3 billion initial share sale in...
ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices
[ad_1] EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative US$100 million to as much as a positive US$300 million.The...
Business Trends in the Pet Store Industry
[ad_1] The pet store industry is changing as more people welcome pets into their homes. Pet ownership affects how pet stores operate and what products they offer. Key trends include...
Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
[ad_1] Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing[SINGAPORE] Singapore-listed Thakral Corp will receive S$13.1 million from a partial sale of its shares in...
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
[ad_1] The company is also considering asset disposals and engaging bankers on its loans[SINGAPORE] Del Monte Pacific could raise between US$500 million and US$600 million in a share placement that...
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
[ad_1] [TOKYO] Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because the approval process under antitrust laws in...
Japan’s Sumitomo wins Singapore grant to develop ammonia as marine fuel
[ad_1] [TOKYO] Japanese trading house Sumitomo said on Monday (Oct 6) it has been awarded a Singapore government grant to develop ammonia as an alternative marine fuel to help decarbonise...
Tesla teases Tuesday event as focus shifts to affordable EVs
[ad_1] The teaser follows Tesla’s record quarterly deliveries for the three months ended September[AUSTIN, Texas] Tesla on Sunday (Oct 5) teased an Oct 7 event, as investors and analysts await...
AI adoption fuels growth of Singapore’s digital economy, growing to 18.6% of 2024 GDP
[ad_1] IMDA report says adoption rates of artificial intelligence in firms are up, bringing cost savings; workers say the tech has raised productivity and saved time[SINGAPORE] Singapore’s digital economy accounted...
