Markets & Investing

Investors shift focus to early-stage and AI-focused fintech firms

In 2H23, AI fintech funding in Singapore soared to US$333.13m.

Investors shift focus to early-stage and AI-focused fintech firms

In 2H23, AI fintech funding in Singapore soared to US$333.13m.

CICT posts 2.1% YoY higher income of $362.5m in 2H23

The REIT attributed the increase to its sound operational performance.

Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23

Despite higher income, the REIT declared a 9% YoY lower DPU.

KIT to acquire 98.6% stake in Victoria, Australia’s largest bus service business

The business trust will acquire the business for an enterprise value of $540m.

Keppel’s net profit soars to a record high of $4.1b in FY23

The company said its FY23 net profit is its highest in history.

CapitaLand Ascendas REIT’s distributable income dips 1.4% to $654.4m in FY23

With lower income, the REIT declared a lower DPU of $0.15160.

Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24

Despite higher NPI, the REIT declared a lower DPU of $0.0210.

Digital Core REIT declares 7.0% YoY lower DPU in FY23

The REIT also recorded a 7.3% YoY lower distributable income of US$41.5m.

Parkway Life REIT’s net property income climbs 14.1% to $139.1m in FY23

With improvement in NPI, the REIT recorded a 2.7% YoY higher DPU.

SGX Securities launches 1st active ETF

Singapore welcomed the listing of Lion-Nomura Active ETF.

Keong Hong Holdings posts $50.8m net loss in FY23

The company’s net loss rose 9% year-on-year.

IREIT divests office asset in Barcelona for $35.5m

The sale price was 6.1% above the property’s latest valuation. 

AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24

Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.

RHT Health Trust delists from SGX-ST

It took effect on 31 January, 9 am.