Explanation of the corporate events: User Manual
Corporate Updates - Singapore Exchange (SGX)
2025-04-30
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on SGX listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 29 Apr, 2025 | PhillipCapital | Phillip Nova, a Singapore-based multi-asset brokerage under PhillipCapital, is expanding its partnership with currency technology provider Integral to boost its non-deliverable forward (NDF) and FX swap trading. This move comes in response to growing demand for NDFs in the Asia-Pacific region. NDFs are forward contracts used to hedge or speculate on currencies with limited liquidity. | Operation Updates |
| 29 Apr, 2025 | Keppel REIT | Obtained a green loan facility of $150 million. | Cash Call |
| 28 Apr, 2025 | Singapore Technologies Engineering (ST Engineering | ST Engineering secured $4.4 billion worth of new contracts in the first quarter of 2025. About $1.3 billion came from its commercial aerospace segment, including Boeing 787 MRO contracts and LEAP-1A engine maintenance deals. Around $2.7 billion came from its defence and public security segment, including a $200 million contract to install an islandwide public camera system in Singapore. Its urban solutions and satcom segment contributed $0.5 billion, with contracts for smart mobility, road tolling, smart security, and satcom infrastructure. | Contract Awarded |
| 28 Apr, 2025 | Amara Holdings | DRC Investments, an entity backed by multiple parties including Hwa Hong Corp, Wing Tai Holdings and the Teo family controlling Amara Holdings is offering 89.5 cents per share to take over the property and hospitality firm at $514.6 million. | Privatisation |
| 28 Apr, 2025 | Procurri Corporation | Exeo Global Asset Holdings is seeking to take Procurri Corporation private via a scheme of arrangement for 32 cents per share. | Privatisation |
| 28 Apr, 2025 | SATS | Worldwide Flight Services (WFS) announced the opening of its US$270 million ($354.63 million) cargo terminal at John F. Kennedy (JFK) International Airport, the first new cargo terminal in 30 years. | Operation Updates |
| 28 Apr, 2025 | Aster Chemicals and Energy | Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for Exxon Mobil's petrol stations in Singapore. | Merger & Acquisition |
| 28 Apr, 2025 | Rex International | Indirect subsidiary Akrake Petroleum Benin has signed contracts for a mobile production unit (MOPU) and an Aframax tanker to be used as a Floating Storage and Offloading (FSO) unit for Akrake's field development in Benin.The MOPU will be converted from a medium-sized drilling rig, and will be equipped with a purpose-built process package. | Operation Updates |
| 27 Apr, 2025 | Yangzijiang Financial Holding | Exploring the possibility of spinning off its maritime investments segment into a separately-listed entity on the mainboard of the Singapore Exchange. | Proposed Listing |
| 25 Apr, 2025 | SUTL Enterprise Ltd | Desaru Coast has teamed up with ONE°15 Marina, a unit of Singapore-listed SUTL Enterprise Ltd, to operate both wet and dry berths at the Desaru Coast Ferry Terminal. | Operation Updates |
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