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China Minzhong Food Corporation seeks listing on SGX Mainboard |
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Written by The
Edge
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Friday, 12 March 2010 22:07 |
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China Minzhong Food Corporation is seeking a listing on the Mainboard of the Singapore Exchange and has lodged its preliminary prospectus.
Although China Minzhong did not say how much it is planning to raise from the share sale, it says it intends to use the IPO proceeds to increase production and processing capacity.
The IPO will be jointly underwritten by J P Morgan, Kim Eng Corporate Finance and Macquarie.
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Last Updated on Friday, 12 March 2010 22:07 |
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Pay TV providers SingTel, StarHub now required to cross-carry exclusive content |
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Tags: Singapore Telecommunications | Starhub
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Written by The
Edge
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Friday, 12 March 2010 21:44 |
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Singapore today said it’s revising the media market conduct code to enable mandatory cross carriage of exclusive content in the Pay TV market.
The change will apply to content that’s acquired or renewed on an exclusive basis on or after today, according to an e-mailed statement by the Media Development Authority of
Singapore.
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Last Updated on Friday, 12 March 2010 23:57 |
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Popular posts 47.5% jump in Q3 net profit to $7.85m |
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Tags: Popular Holdings
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Written by The
Edge
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Friday, 12 March 2010 20:38 |
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Popular Holdings, the bookshop operator and property developer, reported net profit for the third quarter ended Jan 31, 2010 rose 47.5% to $7.85 million on the back of a 6.6% increase in sales to $147.25 million.
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Last Updated on Friday, 12 March 2010 20:39 |
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AU Optronics, TPV Technology to set up venture in Poland |
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Tags: AU Optronics | AU Optronics Corp | Tpv Technology
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Written by Bloomberg
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Friday, 12 March 2010 20:21 |
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AU Optronics Corp. said it will form a venture with TPV Technology in Gorzow, Poland, to assemble and sell optoelectronics parts and products, the Hsinchu, the Taiwan-based company said in an e-mailed statement today. The venture will have an initial capital of US$40 million ($55.9 million), and AU will own a 51% stake, while Hong Kong-based TPV will own the rest, according to the statement.
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Last Updated on Friday, 12 March 2010 21:19 |
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CapitaMalls Asia shares rise on Straits Times Index inclusion |
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Tags: Capitaland | Capitamall Asia | Cosco Corp
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Written by Bloomberg
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Friday, 12 March 2010 18:28 |
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CapitaMalls Asia shares rose to a two-month high in Singaporean trading after the company was chosen to replace Cosco Corp. Singapore in the Straits Times Index following the conclusion of a half-yearly review, reported Bloomberg.
The changes will take effect from March 22, according to a statement yesterday from Singapore Exchange, compiler FTSE Group and Singapore Press Holdings Fund managers who benchmark their holdings of Singaporean equities against the Straits Times typically buy additions and sell deletions in order to mirror the stock index.
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Last Updated on Friday, 12 March 2010 19:15 |
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