Markets and Investing

Analyst expects Aussie Tiger Airways to exit Avalon base

Analyst expects Aussie Tiger Airways to exit Avalon base

All staff are being offered redeployment to its Melbourne Tullamarine base.

Markets and Investing

Genting leads Singapore’s gaming market with 60% share of overall revenue

Resorts World Sentosa maintains an edge with Universal Studios as a crowd puller.

Markets and Investing

SingTel expected to recover from its 2QFY11 low

The company should report a modest 4% qoq and 10% yoy core net profit growth in 1QFY12.

Markets and Investing

KSH Holdings' lacklustre performance won’t last for long

It's all because of its $350m worth of construction projects over the next 3 years.

Markets and Investing

UIC’s revenue plunges 54% to S$235.7m

While its net profit rose 23% to S$136.7 million.

Markets and Investing

SingLand's revenue jumps 21% to S$173.7m

CIMB says new sales and higher recognition of The Trizon boosted profit.

Markets and Investing

Falling debris: KSH Holdings revenues slump 44% to $40.8m

The lack of contributions from projects completing before and during 1Q12 decreased the top-line by $31.7m.

Markets and Investing

StarHub not threatened by fibre broadband

CIMB says there has been little demand for very high speed broadband, otherwise known as NGNBN.

Markets and Investing

CapitaLand’s S$399m net profit within analyst’s expectations

Net income for 2Q11 was boosted by net revaluation gains of S$228m.

Markets and Investing

Venture Corp’s revenue drops 3.7% to S$628.7m in 2Q11

OCBC blames the weaker USD, which fell by 11%.

Markets and Investing

Sembcorp Industries’ profit rises 5% to S$335m in 1H11

Its utilities division’s profit also grew by 17% to S$137m.

Markets and Investing

Great Eastern Holdings’ profit down 26% to S$118m

Weaker quarter-on-quarter earnings were attributed to lower non-par fund profits.

Markets and Investing

Wilmar’s 5% price increase to pose ‘insignificant’ impact

Wilmar’s increased cooking oil prices may no longer restore its margin back to US$40/MT, says DBS.

Markets and Investing

Wheelock Properties' revenues slump 62% to $67.6m

But Scotts Square continued to see increasing take up rate to 73%.

Markets and Investing

Olam’s profit up 48% in 3Q11

It raised a total of S$740m through the issue of new shares and rights offering.

Markets and Investing

Sembcorp Marine receives order worth US$444m

This brings the company's order wins to a whopping S$2.63 billion year-to-date.

Markets and Investing

Building boom: Lian Beng Group’s profit hits a record $48.2m in FY11

Its earnings for Q4 alone was up 73.8% yoy to $11.6m.

Markets and Investing