PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Asus (2357 TT) secured a USD 2bln HSBC-arranged loan to support its AI push; Singapore issued three new legal notices to firms responsible for haze fires
The October 20 report covered Asus’s HSBC-arranged loan, MiTAC’s approved Taiwan investment, Singapore’s haze-related notices, and several other corporate developments.
News detail
TAIWAN Asus (2357 TT) - Co. secured a USD 2bln loan arranged by HSBC to support its AI push. (Business Times) MiTAC Holdings (3706 TT) - Co.'s subsidiary MiTAC Computing Technology received approval for a TWD 12.62bln investment to expand its high-end server capacity in Taiwan, including a new manufacturing facility in Taoyuan and expanded production lines in Miaoli and New Taipei, the Ministry of Economic Affairs said. (Focus Taiwan) SINGAPORE Centurion Corp (CENT SP) - Co. completed its acquisition of a worker accommodation business and land assets in Karratha, Australia. (SGX filing) Thai Beverage (THBEV SP) - Co. incorporated an indirect wholly owned subsidiary, VinaBeCo Company Limited. (SGX filing) Other News Singapore issued three new legal notices to firms responsible for haze fires, while Minister Shanmugam said Singapore will use "every legal and regulatory lever" against companies linked to the haze. (Business Times) Sinar Mas' Asia Pulp & Paper said most fires began outside three of its suppliers' concessions amid Singapore's haze scrutiny. (Business Times) Mi Material launched a SGD 215mln IPO on the SGX. (Business Times)
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