Tuan Sing Holdings has raised the size of a bond offering to $150 million from $120 million to accommodate demand. The property company is offering three-year notes at par, at a 6 per cent coupon.
PSL Holdings narrowed its first quarter net loss to $327,000 from $798,000 previously.
Revenue for the three months ended March 31 fell by 4.5 per cent to $5 million, mainly due to lower revenue from construction logistics.
Dutch-based tea and coffee company JDE has completed the exercise of its right of compulsory acquisition of Super Group shares held by shareholders who have not accepted its offer.
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TA Corporation has signed a framework agreement with Kong Hwee Iron Works & Construction to set up a joint venture to design, develop, make and distribute prefabricated building blocks.
United Airlines will start daily non-stop flights between Singapore and Los Angeles from Oct 29. At more than 14,000km, the new route is expected to be the longest scheduled non-stop flight to or from the United States.