Markets & Investing
Daily Markets Briefing: STI up 0.47%; MapleTree Pan Asia is top stock
Daily Markets Briefing: STI up 0.47%; MapleTree Pan Asia is top stock
MapleTree Pan Asia Commercial Trust saw a 4.10% growth.
Yangzijiang Financial to seek approval for maritime diversification at EGM
The company will hold the EGM on 31 May.
CapitaLand India Trust taps Gauri Nagabhushanam as CEO designate
He began his stint as CEO designate on 16 May.
Consumer, tech firms dominate RHB’s top 20 small-cap companies: report
Taking the top spot was the sole telecom firm in the list.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.
Allozymes raises $20.25m to fund Europe expansion
Two new investors joined in this round of funding.
SIIC Environment Holdings Ltd first profit declines over lower construction revenue
The company generally had a lacklustre performance during the quarter.
EC World REIT Q1 DPU falls 19.8% amidst lower revenue and higher interest rates
The manager reported lower operating performance during the period.
Sasseur REIT EMA rental income slips 1.4% in Q1 2024 due to weak yuan
Outlet sales also fell 2.6%.
Daily Markets Briefing: STI up 0.39%; Genting Singapore is top stock
Genting Singapore grew by 4.52%.
UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump
The company remains positive as the semiconductor sales decline has moderated.
Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024
Its revenue grew 10%, thanks to its ship chartering operations.
Keong Hong Holdings losses widen to $9.5m in 1H24
Besides wider losses, the company reported a 40.9% YoY revenue drop.
Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24
Its Singapore operations helped boost profit for the period.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
United Hampshire NPI suffers 1.3% YoY drop in 1Q24
The REIT linked the decline to the loss of contributions from Big Pine Center.
Kimly's sees net profit dip of 6.1% YoY in H1 2024
This was despite a 1.9% increase in revenue.
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