Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, wants to focus on wireless services in Myanmar as it vies for the right to operate in one of the world’s last untapped mobile markets.
Olam International Ltd., the commodity supplier targeted by short-seller Carson Block, raised $712.5 million from a 10 percent-oversubscribed bond sale, which was backed by its two largest shareholders.
Noble Group Ltd., Asia’s biggest commodity trader by sales, fell the most in almost two weeks in Singapore after third-quarter profit dropped 70 percent due to a loss related to its stake in coal miner Yancoal Australia Ltd.
Wilmar International Ltd., the world’s largest palm oil trader, agreed to buy CSR Ltd. ’s sugar unit for A$1.75 billion ($1.5 billion), beating China’s Bright Food Group Co.’s bid for Australia’s biggest refiner.
Genting Singapore Plc , the world’s third-biggest casino company by market value, slid to the lowest in four months in intraday trading in Singapore after posting a fourth-quarter loss on discontinued operations in the U.K.