Trendlines surges to 10-month high after letter of intent for portfolio company
SHARES of The Trendlines Group jumped to a 10-month high on Tuesday after the company said it received a non-binding letter of intent (LOI) for the acquisition of a portfolio company by an unnamed...
Keppel-linked Floatel gets US$100m loan from Temasek's Clifford Capital amid restructuring
KEPPEL associate company Floatel has obtained a US$100 million super senior revolving credit facility from a Temasek portfolio company, as part of a consensual transaction that will no longer...
Temasek's ABC World Asia invested S$98m across five companies in 2020
TEMASEK-BACKED ABC World Asia, a Singapore-based private equity (PE) fund focused on impact investing in Asia, on Thursday said it deployed S$98 million to five companies in 2020, after evaluating...
NEX mall owner bags S$900m green loan from DBS, OCBC and UOB
GOLD Ridge, the owner and developer of NEX, has bagged its maiden green loan totalling S$900 million from DBS, OCBC and UOB to refinance the shopping mall.
Five things to know about the US$1.9t Covid-19 relief bill
THE US House of Representatives on Wednesday passed the US$1.9 trillion Covid-19 relief bill, one of the largest economic stimulus measures in American history.
No significant increase in fraud, cyber-risk incidents from remote working in 2020: MAS-ABS
THE Singapore banking system did not observe any significant increase in operational, fraud and cyber-risk incidents from remote working in 2020, compared with a year ago.
Logistics property player GLP obtains US$658m sustainability-linked loan
GLOBAL logistics property player GLP has obtained its first sustainability-linked (SL) loan of US$658 million from 10 undisclosed banks that participated in the deal.
Guoco Midtown to bring 30 thematic gardens into Singapore's CBD
GUOCOLAND is weaving 30 gardens into a patch of Singapore's concrete jungle, as more developers take up the challenge to embed "green" features into their projects.
SME lender Funding Societies expands to Thailand
FUNDING Societies, a digital financing platform for small and medium enterprises (SME) in South-east Asia, has launched in Thailand - its fourth market in its six years of operations.
Ho Ching to retire as Temasek CEO; Dilhan Pillay to take over on Oct 1
TEMASEK Holdings executive director and chief executive Ho Ching will be retiring from the group come Oct 1. She will also step down from its board on the same date.