Anshuman Daga
Stories by Anshuman Daga
Singapore: Noble Group set to clinch $3b credit facilities
Noble is also set to seal an agreement for a credit facility of about $2 billion backed by its trade flows and inventories, with an announcement expec
Singapore’s GIC to buy stake in US power group ITC for $1.23b
Singapore sovereign wealth fund GIC has struck a deal with Canadian utility Fortis Inc to buy a 19.9 percent stake in ITC Holdings Corp for $1.23 bill
Engie, Marubeni, Aboitiz, Banpu Power vie for Chevron’s $3b Asian geothermal energy assets
Southeast Asian power firms Aboitiz and Banpu Power may bid for Chevron's assets as also Chinese power firms.
Singapore’s Noble Group launches $1b loan facility
Noble Group will have to fork out more than double in interest margin on a $1-billion unsecured loan it is raising with banks, as a fall out of the co
Malaysian budget airline AirAsia to raise $257m by via share sale to founders
The airline said the proposed issue indicates the continued commitment of Fernandes and Meranun as they make further large investments into the group
Noble Group in talks with banks for $1.5b unsecured loan to repay debt
Noble Group is in advanced talks to raise a large unsecured loan from banks that will help repay its debt maturing in May, a move that could help it w
Singapore SGX in talks to buy Baltic Exchange, global shipping market hub
The deal would the first major outbound investment by SGX since Chief Executive Loh Boon Chye took over in mid-July with a brief to revive the company
Singapore: Noble Group reports $1.7b annual loss, its first in two decades
Noble, which is trying to boost investor confidence after a bruising accounting dispute, said it will revert to its core strategy of being an asset-li
Noble Group’s accounting back under scrutiny after fresh $1.2b writedown; faces first full-year loss in two decades.
Shares in the company have lost nearly 70 per cent of their value over the past year after Iceberg Research alleged it was inflating its assets by bil