Utilities

Venture’s net profit jumps by 22.2% to $51.6m

On back of aggressive productivity drives.

Daily Briefing: Noble Group tumbles in Singapore; Why SGX is separating its roles

And Singapore’s STI falls with region after U.S oil prices drop.

CITIC Envirotech’s profits skyrocket 586% to $22.8m in Q2

All three business segments raked in the big bucks.

Anchor Resources to acquire mining firm for $100m, list 30.8m new shares

The target company is expected to have a cash balance of $6.5m.

PUB launches tender for Changi Water Reclamation Plant expansion

Another 44 million gallons will be added to its treatment capacity.

Hyflux secures funding for US$185m water project in Oman

It will process 200,000 cbm of water per day when finished.

Noble to divest Americas energy solutions unit in 2H

It appointed Morgan Stanley and HSBC to advise on the divestment.

Ley Choon clinches $2.8m maintenance contract from PUB

It will service water supply installations from 2016 to 2018.

SIIC Environment’s profits soar 30.8% to $18.59m in Q1

Due to higher water treatment, supply sales volume.