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Chief executive officers (CEOs) who have been grumbling about Singapore’s new mandatory pay disclosures could be in for a pleasant surprise: a raise. ....
The Straits Times Index rose 35.75, or 2.2% to 1,630.69 last evening. The following companies may have unusual price changes in trading, says Bloomberg and Reuters. Share prices are as of the last close. Thai Beverage Pcl (THBEV SP), Thailand’s biggest brewer and whiskey maker, said today its executive committee has approved the proposed 1.43 billion baht ($61 million) investment in a new production line for non-alcoholic beverages by its unit Oishi Trading Co. Thai Beverage added 2.7% to 19 cents. Olam International (OLAM SP), the agricultural commodities supplier said 77% of holders of US$176.4 million in convertible bonds due in 2013 accepted its offer to exchange them for new bonds with a higher yield. Olam gained 1.6% to $1.27. ....
Indonesian Gold Miner Archi Postpones $500 Million IPO msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
ThaiBev Shelves $2 Billion Brewery Unit IPO, Citing Pandemic Apr 16 2021, 6:53 PM April 16 2021, 5:21 PM April 16 2021, 6:53 PM (Bloomberg) Thai Beverage Pcl said on Friday it would defer the potential spin-off and listing of its brewery unit, which was on track to be among the biggest initial public offerings in Singapore in a decade, citing the uncertainty of market conditions and the worsening Covid-19 pandemic. (Bloomberg) Thai Beverage Pcl said on Friday it would defer the potential spin-off and listing of its brewery unit, which was on track to be among the biggest initial public offerings in Singapore in a decade, citing the uncertainty of market conditions and the worsening Covid-19 pandemic. ....
Moderna Reports Shortfall; Merkel Gets Astra Shot: Virus Update Bloomberg 52 mins ago Bloomberg News (Bloomberg) Moderna Inc. said it will deliver less Covid-19 vaccine than planned to the U.K., Canada and other countries this quarter due to a shortfall in doses in its European supply chain. China is planning to approve its first foreign vaccine before July, according to people familiar with the matter. German Chancellor Angela Merkel got her first shot of the AstraZeneca vaccine, despite possible links to rare blood clots that have led to its use being limited in some countries. The EU probably won’t renew its contracts with AstraZeneca and Johnson & Johnson, France’s industry minister said on Friday. ....