Building and construction industry veteran Phua Lam Soon is a firm believer in the power of strategic alliances. The gregarious 59-year-old strives to leverage the benefits inherent in collaborations to catalyse innovation and solve complex challenges. “Two heads, or more, are always better than o...

Li & Fung is forming a long-term strategic partnership with AP Moller - Maersk (Maersk), an integrated logistics company working to connect and simplify its customers’ supply chains. In addition to this strategic partnership, the Li & Fung, together with Temasek, the Singapore sovereign we...

FOR the four trading sessions that spanned April 5 to 8, the Straits Times Index (STI) gained 0.2 per cent while the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaged a 0.7 per cent gain. This has brought the STI's total return for the 2021 year to April 8 to 12.6 per cent. Over the...

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Boldtek Holdings at 2.46pm on April 6 after shares in the construction company surged to 11.1 cents around the same time. The higher price represented a 54.2% hike from its last close price of 7.2 cents. Boldtek has since issued a r...

Boldtek Investment, a wholly-owned subsidiary of Boldtek Holdings has made an offer to purchase on an en bloc basis, a residential property located at No. 8 Lorong 25A Geylang Road for a sum of $26.5 million. NNB 8 Development (NNB8), which was nominated the purchaser of the property, was incorporat...

Singapore Post (SingPost) has acquired Australian 4th party logistics service company Freight Management Holdings (FMH) for a consideration of A$85.0 million ($84.1 million). SingPost’s wholly-owned subsidiary, SingPost Logistics Holdings, on Oct 16, entered into a conditional sale and purchase ag...

CATALIST-LISTED construction player Boldtek Holdings has asked for more time to put out its latest annual report and to hold its annual general meeting (AGM), with the board citing the Covid-19 outbreak for the delay.

Boldtek Holdings and Neo Group Limited have entered into a joint venture agreement (JVA) on August 28, where the parties intend to establish a joint venture company (JV Company) to carry out the business of property development, property investment and property management. The Catalist-listed Neo Gr...

NEO Group is looking to make its foray into property development, investment and management.

(June 28): Global sourcing and logistics group Li & Fung on Friday said Temasek Holdings would buy 21.7% of its subsidiary LF Logistics Holdings for US$300 million ($406.2 million), and the proposed spin-off IPO of the unit will be postponed. Hong Kong’s Li & Fung, which supplies clothing...