3 stories mentioning SGX:C09
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City Developments (SGX:C09) completed an off-market purchase of non-redeemable convertible non-cumulative preference shares at the close of the equal access offer, according to a Friday filing with the Singapore Exchange.Under the capital management exercise, the group accepted and finalized the repurchase of about 24.1 million preference shares, the filing said.
City Developments (SGX:C09) obtained a SG$300 million multicurrency sustainability-linked loan from DBS Bank, according to a Friday filing with the Singapore Exchange.The loan is linked to the company's aim of adopting nature-based solutions and to support Singapore's transformation into a "City in Nature," which is part of the city-state's Green Plan 2030.The loan will be used for general corporate funding and working capital needs.
Singapore shares recorded gains on Friday to end the week in green, as the Asian market reacted positively to a tentative geopolitical de-escalation in the Middle East ahead of the highly anticipated talks between the US and Iran in Islamabad.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,973.10 and 4,999.30 throughout the day. It ended the session at 4,989.41, up 12.33 points or nearly 0.3% compared to Thursday's close.On the corporate front, shares of BH Global (SGX:BQN) were down nearly 7% at the close as it proposed to renew its share buyback mandate.Metis Energy (SGX:L02) closed over 2% higher as it reported three consecutive years of pre-tax losses for its three most recent financial years.Meanwhile, shares of City Developments (SGX:C09) were nearly flat as it established a SG$2 billion multicurrency perpetual bonds issuance program.