The following companies saw new developments that may affect trading of their securities on Monday (Dec 4):
OCBC has filed a claim in Singapore’s High Court, seeking at least S$19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa. The bank filed a mortgagee’s claim against the Cambodian national on Oct 25.
A Consortium group led by Uni-Asia Group’s wholly-owned subsidiary Uni-Asia Capital (Japan) has won a tender to develop and operate a private finance initiative project in Japan with its bid of 13.1 billion yen (S$118 million). The public work facilities development project, called for by the government of Kuki City, Saitama Prefecture, involves building a public use facility which uses residual heat from an existing waste treatment plant in the city, the group said in a Friday (Dec 1) bourse filing.
The manager of CapitaLand India Trust(CLINT) has priced its issuance of JPY4 billion ($36.1 million) notes due 2028 as part of its $1.5 billion multicurrency debt issuance programme. The notes will bear interest at 1.45% per annum, payable semi-annually in arrears with a tenor of five years.
Singapore Land Group (SingLand) has announced the sale of a residential development unit to Elaine Low, the wife of SingLand CEO Jonathan Eu. On Dec 1, the company approved the proposed sale by its joint venture company, United Venture Development (Watten), of a unit in its Watten House project for a price of $7.7 million.
