THE forbearance agreement between Floatel International and an ad-hoc committee (AHC) of holders of its US$400 million senior secured, first-lien 9 per cent bonds has again been extended, this time to Sept 30, from Sept 15.
THE Wealth Management Institute (WMI) on Tuesday announced an industry collaboration to develop a strong talent pipeline for the "fast growing" asset management industry.
DEMAND is returning to Singapore-listed real estate investment trust (S-Reit) perpetual securities - with year-to-date issuances totalling some S$575 million from three deals in the third quarter.
MAYBANK Kim Eng (MKE) has downgraded its sector outlook on Asean banks to negative as their asset quality risks remain high while operational recovery may stay muted.
TEMASEK Financial (I) Limited (TFin-I), a wholly-owned subsidiary of Singapore investment firm Temasek Holdings, has increased the limit of its guaranteed global medium-term note programme to US$25 billion, from US$20 billion previously.
THE AMTD Singapore Solidarity Fund has made its first batch of investments, totalling S$11.5 million, into five Singapore-based fintech companies: Funding Societies, Active.ai, CardUp, TranSwap and PolicyPal.
MAYBANK Kim Eng (MKE) has downgraded its sector outlook on Asean banks to negative as their asset quality risks remain high while operational recovery may be limited.
