Markets & Investing
OCBC takes equity stake in Esteel’s $1.9b hot briquetted iron plant plan
OCBC takes equity stake in Esteel’s $1.9b hot briquetted iron plant plan
The US$1.5b development will have the capacity to produce about 2.5 million tonnes of hot briquetted iron a year.
Savills Singapore acquires majority stake in Alpina for $40m
Purchase adds engineering expertise to Savills’ regional services network
DFI expects 11–15% profit CAGR through 2028
It also raised its dividend payout ratio to 70%.
Investment volumes in 2026 set to surpass 2025 levels
As 2025 YTD investments hit $28b, already beating last year’s $25b.
Infinity Development Holdings raises $13.7m in SGX listing
Its post-placement market capitalisation is $123.5m.
MAS taps Manulife for $5b equity dev’t programme
The programme aims to boost investors and liquidity in the city-state’s market.
Sanli raises $10m with 38-million share placement
The net proceeds will support execution of project pipelines.
UOB issues $1.284b notes due 2029 in global bond programme
The bonds are expected to mature in June 2029 and will be the 14th series under the global programme.
MetaOptics raises $4.85m to expand metalens production capacity
The placement supports its capital base and working-capital needs.
LHN earnings fall 58% after $17.9m fair-value loss reversal
Its adjusted pre-tax profit rose 33% to $45.7m.
Marco Polo Marine’s net profit rises 170% in FY2025
Extraordinary reversals drove earnings as adjusted profit edged lower.
Frasers announces redemption of $300m perpetual securities
This is under the firm’s $5b multicurrency debt issuance programme.
Straco posts $10.7m net profit in Q3
Profit attributable to shareholders fell 8% YoY.
MM2 Asia receives $190,000 demand after lease termination
The company seeks legal advice following notice from HPE.
Lendlease REIT completes PLQ Mall deal, deploys $234.5m placement funds
About $45.5m was also earmarked for fees and debt reduction.
IHH Healthcare’s profit rises 15% to $193.66m in Q3
Higher daycare and medical tourism supported the quarterly PATMI growth.
ThaiBev profit attributable to shareholders falls to $1.01b in FY 2025
The company proposed $0.0248 total dividend despite the 6.8% profit drop.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning