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Showing results for CIMC Raffles Offshore (Singapore) Pte.Ltd.
...marine and offshore engineering group....
...The South China Morning Post uncovered the byzantine offshore arrangement, which led another publication to dub Kei a “human tax dodge”....
...The men “have both been charged with conspiracy to give corrupt payments to secure the award of a contract worth US$733m to Leighton Contractors Singapore PTE Ltd for a project to built two oil pipelines...
...Both rig builders also are backed by Temasek, Singapore’s state investment company....
...Many of our customers are established international offshore rig owners and operators with long-term plans to renew and upgrade or refocus their offshore fleet,” said Sembcorp’s marine unit....
...Singapore Airlines, Keppel Corporation – one of the world’s largest offshore oil rig builders – and SingTel, the main telecoms carrier, are all headed by Singaporeans....
...Cultural differences have not deterred the CIMC Raffles shipyard in Shandong province from building an 88-metre superyacht, Illusion....
...Vanke would be the second company to switch listings after shipping group CIMC last month took advantage of a recent relaxation in securities rules....
...The move comes less than six months after Temasek sold its entire 3 per cent stake in SembCorp Marine, one of two big Singapore-based ship repairers and offshore oil rig builders, for S$327m....
...The two Singaporean investment firms, Government of Singapore Investment Corp and Temasek, have $900m between them, among the more generous allocations....
...The oil and gas arm of Odebrecht, one of Brazil’s biggest multinationals, is hoping to treble revenues over the next three years as it seeks to tap the potential of the Latin American country’s vast offshore...
...STX Offshore & Shipbuilding fell 5.9 per cent at Won28,850 on speculation that parent STX Group may make a bid for Hynix....
...Yantai Raffles’ corporate structure is cosmopolitan. It is headquartered in Singapore and listed on Norway’s over the counter market. CIMC is proposing to simplify that....
...Yantai Raffles last reported a net asset value of $1.48 per share. At the offer’s close, CIMC had secured 82 per cent shareholder approval. A 90 per cent threshold is necessary to delist....
...Temasek, the Singapore state investment fund, last year hired the celebrated former head of Anglo-Australian miner BHP Billiton to be its next chief executive....
...Last November the fund invested C$310m in debentures issued by Toronto-listed Niko Resources, to help bankroll a deal connected to Indonesian offshore energy projects....
...As a result GIC Special Investments, part of the Singapore sovereign wealth fund, and Future Fund, the Australian sovereign wealth fund, this year agreed to buy 7.7 per cent from top partners....
...In spite of the imminent migration of two of Fullerton’s vehicles from the Caymans, Mr Lee is reluctant to sound the death knell for the Caribbean offshore financial centre, which some see as a potential...
...Goldman is believed to be considering putting its own money into the fund, which will be established using an offshore foreign currency-denominated structure and has a fundraising target of $2bn....
...PSA acquired the offshore marine operations in 2001 from Singapore’s SembCorp for about a third of the value of the latest deal, according to bankers....
...Holdings, the Singapore state investment agency....
...January 2006 - Thaksin’s relatives sell their $1.9bn, 49 per cent stake, in Shin Corp, the telecommunications empire, to Singapore’s Temasek Holdings. The sale is tax free....
...The numerous investments by Temasek and its affiliates offshore – Temasek has shares in 13 financial services groups alone – has led to speculation of a possible second round of activity by the group as...
...Foreigners are buying landmarks such as the Raffles Hotel....
...When CapitaLand sold the Raffles Hotel in July, it was trading in the historic Singapore landmark for what it sees as the future – Chinese shopping malls....
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