Singapore's non-oil domestic exports (Nodx) fell 8.9 per cent in August from a year ago, breaking a five-month-long slump of double-digit declines, according to data out on Tuesday (Sept 17) by Enterprise Singapore. This was also the second month in a row that the slide in shipments eased after they sank 17.4 per cent in June, the worst drop in six years. July's number was revised to a fall of 11.4 per cent.

Blackgold Natural Resources is now working towards holding its FY2018 annual general meeting by Oct 31 after the Singapore Exchange (SGX) rejected its application for a third extension of time. The Catalist-listed coal mining company had applied for a further two-month extension, citing more time needed for its qualified person's report. The firm was entangled in an Indonesian power plant graft scandal last year.

Warburg Pincus-backed ARA Asset Management, one of the largest Asian real estate fund managers, is exploring a dual stock market listing, including one in Singapore, in the next two to three years, group CEO and co-founder John Lim said.

The board of Sing Investments & Finance on Monday clarified that its substantial shareholders and persons acting in concert as a whole held more than 30 per cent of the voting rights of the company as at March 2, 2018 and March 1, 2019. However, because they have not increased their voting rights by more than 1 per cent in any six-month period, there is no obligation for the group to make a general offer for the remaining shares in the firm.

Anheuser-Busch InBev said Tuesday that it hopes to raise as much as $4.8 billion when it lists its Asia business in Hong Kong. That's roughly half of the $9.8 billion AB InBev (BUD) was hoping to raise when it first proposed a public offering. It scrapped those plans in July, citing market conditions. An IPO of that size would have been the largest of the year. Budweiser Brewing Company APAC, the largest brewer in Asia by retail sales, plans to offer 1.26 billion shares for between 27 and 30 Hong Kong dollars ($3.45 to $3.83).

Mainboard-listed Tiong Seng Holdings said on Tuesday that its chief executive and executive director Pek Lian Guan and project director Pay Teow Heng are on bail amid a corruption probe. This is in relation to alleged offences under Section 6(b)1 of the Prevention of Corruption Act (Chapter 241) of Singapore, the construction firm said in a regulatory filing.

The Securities Industries Council (SIC), which administers Singapore's takeover code, is looking into the circumstances that saw billionaire couple Celine and Gordon Tang emerge as substantial shareholders of Chip Eng Seng in October last year. "The SIC is looking into the acquisition of shares in the company in October 2018 by the relevant parties," the council said on Tuesday in response to queries from The Business Times.

Saudi Arabia will soon restore most of its oil output and return to normal production levels in weeks, the country’s energy ministry said Tuesday, following the attacks last weekend on the country’s facilities that hobbled the world’s largest oil exporter. Prince Abdulaziz, the son of King Salman, said the IPO offering of Aramco won’t be affected by the attacks.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR