Markets & Investing
Mooreast seeks alternative funding after missing deposit deadline
Mooreast seeks alternative funding after missing deposit deadline
Mooreast said SG-RT Fund has failed to disburse the $1m deposit.
Yongan Group is SGX Group's newest derivatives clearing member
There are now 31 clearing members in SGX Group’s derivatives market.
Singapore records $43m IPO proceeds in 2024
Deals in Asia Pacific declined by 35%, whilst proceeds dropped by 51% YoY.
CapitaLand Investment sells 4.88% stake in CLAS for $162m
The transaction decreased its stake in CLAS to 24.04%.
STI projected to hit 3,940 points in 2025: RHB
RHB also projects GDP growth to slow slightly to 3.0% YoY in 2025, down from 3.4% in 2024.
REIT listings may boost Singapore IPO market in 2025
A central bank plan to cut listing costs could enhance the city-state’s market appeal.
10 best ways to invest in 2025
Analysts are not too worried about the impact of US tariffs on Asian investments.
Tuan Sing’s non-independent director buys 1M more shares for $.027 apiece
The shares were bought via an entity called Nuri Holdings.
iFAST Singapore launches China desk to meet Chinese investor needs
The new desk will be established in Singapore and Hong Kong.
Renaissance United records net loss for H1 2024
Its revenue also declined by 1.2% to $35.8m.
CLI acquires Australian investment firm Wingate for $173m
The acquisition will boost CLI’s FUM in Australia by over 30%.
What 2025 holds for SREITs
An expert said SREITs will likely have a better year.
Auditor flag going concern for Singapore Institute of Advanced Medicine
The company reported a loss after tax of $37.4m for the year.
Keong Hong dumps 20% shares in JV with MCSK Pte. Ltd
The group selling it for $34.5m.
Most capital goods companies poised for double-digit earnings growth in FY25F
Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.
ValueMax Group buys Ban Fook Pawnshop for $1.75m
Ban Fook has a net asset of $1.84m in 2023.
Ow Chio Kat buys 155,400 more shares from Hai Sun Hup Group
This increased his direct interest to 43.32%.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform