NewTimeSpace News: On June 2, Wesfarmers announced its industrial and safety arms Blackwoods and Workwear Group will be consolidated into Bunnings Group, effective July 1, 2026.
NewTimeSpace News: On June 1, Li & Fung announced plans to acquire a 55% equity stake in New Advent at a consideration of USD 250 million.
NewTimeSpace News: On May 30, Ascent Bridge announced that it had completed the sale of its wholly-owned subsidiary MTBL Cultural Centre Pte. Ltd. on May 29, 2026.
NewTimeSpace News: Salt Investments announced via a release dated May 31 that it set up two subsidiaries in the British Virgin Islands (BVI) and Singapore in October 2025 and February 2026 respectively. Both subsidiaries remain dormant and are planned to engage in oil distribution and fuelling logistics management.
NewTimeSpace News: On May 29, CapitaLand Ascott Trust announced that it has entered into a sale and purchase agreement with an independent third party to dispose of The Robertson House by The Crest Collection located on Unity Street, Singapore, at a consideration of SGD 360 million, exclusive of GST.
NewTimeSpace News: On May 29, Keppel announced that Keppel Sakra Cogen Plant (KSC), Singapore's first hydrogen-ready combined cycle power plant, has officially entered commercial operation.
NewTimeSpace News: On May 28, Singapore-listed company Ascent Bridge announced it has signed a framework cooperation agreement with Huanuosen (Shenzhen) Gene Industry. The two parties plan to set up a joint venture in Singapore, introduce Gendicine, the world's first approved cancer gene therapy drug, and build gene diagnosis and treatment centers.
NewTimeSpace News: On May 28, Transurban Queensland priced a total of AUD 720 million senior secured notes, comprising AUD 400 million notes with a 7.25-year tenor and AUD 320 million notes with a 10-year tenor.
NewTimeSpace News: Serial Achieva announced on May 26 that the company and UFCT Technology have agreed to further extend the final deadline for fulfilling the pre-conditions of the share subscription from 30 May 2026 to 30 June 2026.
NewTimeSpace News: Frasers Property announced on May 25 that it plans to sell its interests in four freehold logistics properties located in Germany and the Netherlands, for a total consideration of around 214.9 million euros (equivalent to approximately 321.8 million Singapore dollars).
NewTimeSpace News: Boustead Singapore announced on May 22 that it has set up a joint limited liability partnership with UI Boustead REIT to jointly invest in, develop, own and operate a bespoke aerospace facility located at 1 Seletar Aerospace Drive, Singapore.
NewTimeSpace News: Vividthree Holdings announced on May 24 that it received the listing and quotation notice from Singapore Exchange on May 22, 2026, approving the listing of up to 63,030,303 convertible shares.
NewTimeSpace News: Aspial Lifestyle announced on May 25 that it has privately placed 149.254 million shares at SGD 0.402 apiece, with subscription volume exceeding twice the offering size. The placed shares will be listed and traded on the main board of Singapore Exchange on May 25, 2026.
NewTimeSpace News: Geo Energy disclosed an announcement on May 25. In response to recent media reports on Indonesia’s planned centralized control over commodity exports, the company’s board stated the initiative aims to strengthen national supervision and boost coordination in the critical resource sector. No official notice or directive has been received so far, and production, logistics, customer relations and export operations remain intact.
NewTimeSpace News: On May 25, Mapletree Industrial Trust announced that its trustee entered into a sale and purchase agreement with an independent third-party buyer via an indirect wholly-owned subsidiary, disposing of a data center property in Philadelphia, Pennsylvania, the United States at US$14.5 million.
NewTimeSpace News: On May 21, Intraco Limited announced the issuance of its 29th tranche of SGD-denominated and 22nd tranche of USD-denominated digital securities commercial papers at annual interest rates of 3.4% and 4.5% respectively. The total proceeds stood at approximately S$22.46 million and US$5.68 million.
