joint venture

Lian Beng reports 5.2% lower earnings of $17.6 mil for 1H21 due to circuit breaker measures, foreign workforce disruptions - THE EDGE SINGAPORE

Results

Lian Beng reports 5.2% lower earnings of $17.6 mil for 1H21 due to circuit breaker measures, foreign workforce disruptions

Earnings per share (EPS) for the 1HFY2021 stood at 3.52 cents on a fully diluted basis, down from the 3.72 cents in 1HFY2020.
Keppel Land China subsidiary forms joint venture to acquire stake in Shanghai residential site - THE EDGE SINGAPORE

Property

Keppel Land China subsidiary forms joint venture to acquire stake in Shanghai residential site

The joint venture is in line with Keppel Land China’s strategy to deepen its presence in Shanghai.

Broker's Calls

ComfortDelGro a 'buy' as it drives to France for new business opportunities

ComfortDelGro a ‘buy’ as it drives to France for new business opportunities

Contracts

TEE International warns of 'adverse impact on profitability' even as subsidiary clinches $72 mil letter of award

The circuit breaker measures have resulted in the suspension of most of the construction works for the group’s ongoing projects, as well as the closure of its construction sites except for three essential ones.

Deals, joint ventures & alliances

Zico Holdings joins forces with Yamada Consulting Group to fund Asean SMEs

SINGAPORE (Apr 17): The Covid-19 pandemic has rattled global markets and investor sentiments worldwide in a manner similar to the Global Financial Crisis in 2008 and Dotcom bust in the 1990s. But for Chew Seng Kok, managing director of Kuala Lumpur-based

Sustainability

Keppel O&M, EMA ink $10 mil partnership, launch grant call to develop energy solutions in marine sector

“We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions,” says EMA’s chief executive Ngiam Shih Chun.

Covid-19

ComfortDelGro taxis double up as RedMart's grocery delivery vehicles amid virus woes

Come end-April, some of these taxis will double up as grocery delivery vehicles for RedMart, the online grocery arm of Lazada, which has seen a surge in requests for home deliveries.

Covid-19

Q&M eyes joint venture with 2 China companies to manufacture surgical masks

The Covid-19 outbreak has led to a surge in prices for surgical masks, on the back of a worldwide shortage in supply.

Disruption and Digitalisation

Grab, Singtel eye Singapore's under-banked for digital venture

SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.
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