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.
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.
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.
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.
UIC’s revenue plunges 54% to S$235.7m
While its net profit rose 23% to S$136.7 million.
SingLand's revenue jumps 21% to S$173.7m
CIMB says new sales and higher recognition of The Trizon boosted profit.
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.
StarHub not threatened by fibre broadband
CIMB says there has been little demand for very high speed broadband, otherwise known as NGNBN.
CapitaLand’s S$399m net profit within analyst’s expectations
Net income for 2Q11 was boosted by net revaluation gains of S$228m.
Venture Corp’s revenue drops 3.7% to S$628.7m in 2Q11
OCBC blames the weaker USD, which fell by 11%.
Sembcorp Industries’ profit rises 5% to S$335m in 1H11
Its utilities division’s profit also grew by 17% to S$137m.
Great Eastern Holdings’ profit down 26% to S$118m
Weaker quarter-on-quarter earnings were attributed to lower non-par fund profits.
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.
Wheelock Properties' revenues slump 62% to $67.6m
But Scotts Square continued to see increasing take up rate to 73%.
Olam’s profit up 48% in 3Q11
It raised a total of S$740m through the issue of new shares and rights offering.
Sembcorp Marine receives order worth US$444m
This brings the company's order wins to a whopping S$2.63 billion year-to-date.
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.
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SG60: What the next 10 years have in store for Singapore’s investment landscape