OCBC Bank: Bank of Singapore (BOS), the private saving money unit of OCBC Bank, has finished the obtaining of the riches and speculation administration (WIM) organizations of Barclays plc in Singapore and Hong Kong at a lower cost than expressed before.
BOS declared in April it had purchased Barclays' private bank business in Hong Kong and Singapore in a US$320 million money bargain. On Monday, it said the price tag - which was set at 1.75 for every penny of the benefits under administration exchanged upon fruition - is currently at US$227.5 million, on the grounds that not the majority of Barclays' private managing an account customers in Hong Kong consented to an exchange.
Keppel Corporation: Keppel Seghers Belgium, a unit of Keppel Infrastructure Holdings, has secured a US$13.7 million contract to give innovation and administrations to the Nanshan II waste-to-vitality plant in Shenzhen, Guangdong region, China.
The agreement, granted by rehash client Shenzhen Energy Environment Engineering on Nov 19, is for the extension of the current office through the arrangement of the center gear, outline and specialized administrations for the plant's heater and kettle.
Swissco Holdings: The Singapore High Court has endorsed an application to put Swissco Holdings and its auxiliary, Swissco Offshore Pte Ltd, under between time legal administration (IJM).
Disclosing the court governing on the IJM before exchanging shut on Friday, Swissco likewise said Ee Meng Yen Angela and Purandar Janampalli Rao, of Ernest and Young LLP, had been designated the joint break legal administrators of the holding organization and its auxiliary.
A pre-trial meeting of the legal administration utilizations of the two elements is settled for hearing on Dec 1, 2016, at 4pm.
Rickmers Maritime: The trustee-director of Rickmers Maritime on Friday recognized the offer of its vessel, India Rickmers, is a choice on the table for its senior obligation settlement yet denied any exchange has occurred.
The trustee-supervisor was reacting to exchange media investigates the indicated vessel deal. Refering to Vesselsvalue, these reports said India Rickmers has been scrapped before it achieved its end of life.
The trustee-director said transactions are as yet continuous with one of the trust's senior loan specialists on the terms of the obligation settlement understanding. This includes, among different choices tabled, the offer of India Rickmers. No offer of the vessel has been closed, it said.
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