Culture
Singtel unit prices S$160 million in fixed-rate notes at 2.726%
Singtel Optus, a wholly owned subsidiary of the telecommunications giant, on Monday (Jul 21) priced S$160 million in fixed-rate notes due…
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Culture
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about…
Culture
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next…
Culture
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus…
Culture
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a…
Culture
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1…
Culture
Cathay Cineplexes gets fresh payment demands of over S$3.3 million for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands of over S$3.3 million in rent arrears and other amounts, owed…
Culture
Cathay Cineplexes gets fresh demands to pay up S$3.3 million debt for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Culture
UK fines Barclays US$56 million for lapses in financial crime control
It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek Britain’s financial…
Culture
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9 UOL’s unit UOL Treasury Services…
Business
22-Year-Old Arrested at Airport With $2.9 Million Worth of Narcotics
On June 28, 2025, the Atlanta Police Department, in association with Atlanta's Airport Customs and Border Protection, made a big arrest at…
Culture
BRC Asia secures contracts for Changi Airport Terminal 5 project worth S$570 million
This brings company’s total outstanding sales order book to S$2 billion as at Jul 14 BRC Asia has secured around S$570 million worth of…
Business
German police seize kilos of drugs with street value of €20 million
Police in Germany seized hundreds of kilograms of stimulant drug Captagon that they found in a vegetable shop in the state of…
Culture
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration…
Culture
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200…
Culture
ESIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC Airalo, an eSIM platform, has raised…
Culture
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI)…
Culture
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player…
Culture
Soilbuild Construction signs new contracts totalling S$178.6 million
The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May Soilbuild…
Culture
Lum Chang Creations says now is ‘best time’ to list, eyes over S$12 million in Catalist IPO
Urban revitalisation specialist Lum Chang Creations (LCC) is set to raise S$12.3 million in gross proceeds through an initial public…
Culture
Qantas confirms personal data of over a million customers leaked in breach
The breach represents Australia’s most high-profile cyberattack since telco giant Optus and health insurer Medibank were hit in 2022…
Culture
DSV’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
A new logistics facility by Danish giant DSV will support the flow of goods across the Causeway, said Minister-in-charge of Energy and…
Culture
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and…
Culture
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO)…