Singapore: GLP’s China branch; Keppel T&T to sell 10% in air cargo biz; CNMC to buy KelGold for $0.8m
By Juliet Shwe Gaung
Global Logistics Properties to see having GLP Financial Lease in China. Keppel Telecommunications & Transportation Ltd to sell 10 percent stake in Asia Airfreight Terminal Company for $45.2 million. CNMC Goldmine Holdings is planning to buy Malaysia’s KelGold Mining for $0.8 million.
mm2 owns majority in UnUsUaL, a concert production house.
OCBC Wing Hang is divesting its stake in Hong Kong Life Insurance Limited.
Neal Cross, CIO of DBS, discusses sales and how startups can sell to corporates.
Northstar had earlier joined bidding for Singapore-based Spindex but later opted out
Singapore-based coffee shop operator Kimly Limited (Kimly) has commenced trading on the SGX Catalist, the secondary board of the Singapore bourse, under the stock code 1D0, opening trade at S$0.55 on Monday. The firm generated gross proceeds of S$43.5 million ($31.1 million) from its initial public offer (IPO). Heliconica Capital Management, a… Read more »
IBM Ventures’ George Ugras on corporate innovation and approach to Asia.
Ezra Holdings Ltd., a Singapore-listed offshore services group, filed for bankruptcy in the U.S. after weeks of facing hostile actions from creditors at home and abroad as it struggles to recover from a slump in oil prices over the past three years. Ezra and two affiliates, Ezra Marine Services Pte. Ltd…. Read more »
Over the past 10 years, the proportion of funds invested globally in passive strategies such as Exchange Traded Funds (ETFs) has been steadily increasing. The shift from active to passive strategies most pronounced in equity. In the US, the proportion of passive stock market investments has doubled from just under… Read more »
The new fund is set to close in the next few months