1 ST Engineering's aerospace unit has received a writ from a French court over the Airbus AirAsia flight from Indonesia to Singapore that crashed on Dec 28, 2014. ST Aerospace was not maintaining the fleet then.
2 Delong Holdings expects to report a net loss for the fourth quarter ended Dec 31 and for the year due to weak steel prices amid excess capacity in the industry in China.
3 SingPost completed the sale of about 137 million shares in GD Express Carrier for 239.1 million yuan (S$51.5 million) to Yamato Asia, part of the Japanese transport group Yamato. The net gain is about $64 million.
4 Top Global is buying 35 per cent of 5Footway Founders, which has 1,000 beds or so here. It also runs hostels, hotels, apartments and student accommodation in five cities in China, Japan and Singapore.
5 Mainboard-listed GL has discontinued talks with parties to sell its shares in companies that own and operate the Thistle Kensington Gardens Hotel in London.