Kim Heng Marine & Offshore Holdings is aiming to raise SGD40m ($31.4m) from an initial public offering (IPO) on the Singapore Exchange second board Catalist.

The initial public offering (IPO) of Pacific Radiance on the Singapore Exchange was 2.2 times subscribed.

STX Pan Ocean’s debt rehabilitation plan would see it converting $1.26bn worth of debt into shares.

STX Pan Ocean has axed $225m worth of newbuilding orders as part of its rehabilitation plan.

The senior management exodus from Singapore-listed First Ship Lease Trust (FSL Trust) continues.

First Ship Lease Trust (FSL) has resumed trading on the Singapore Exchange (SGX) after a month long suspension as it seals a relaxation of loan covenants extension with its banks.

Yangzijiang Shipbuilding is set to be the first company to trade its shares on the Singapore Exchange (SGX) in RMB.

The ceo and executive director of Samudera Shipping Lines, David Batubara, has resigned from the company.

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