News
Wilmar's profit jumped 49.8% to $839.92m in H1
Wilmar's profit jumped 49.8% to $839.92m in H1
Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.
Koufu Group's profits plunged 82% to $2.54m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Court moves UWG's deadline to put Hyflux under judicial management
This follows after the High Court granted UWG's application to be carved out of the moratorium.
Daily Markets Briefing: STI down 0.05%
Keppel Corporation saw the sharpest decline amongst top active stocks with a 11.11% contraction.
Chart of the Day: Rental volume in private homes down 10% to 19,506 units in Q2
A bulk of it are renewals since new foreign expats were not able to enter Singapore.
Daily Briefing: Start-up QIQ aims to roll out shared electric microcars; Incomlend raises $27.47m series A led by Sequoia
And over 6,000 of SIA Group's staff have taken no-pay leave since March.
Singapore's luxury non-landed home sales plummet 52.9% to S$659.2m in 1H20
Prime landed home sales also declined 23.1% to S$1b.
SGX to roll out 13 equity futures
These will be launched in August and September.
Securities daily average value up 15% to $1.2b in July
Equity market activity remained higher than a year earlier but moderated from a strong June.
SCI, Sembmarine shareholders approve demerger deal
With the three resolutions approved, the right issue may now proceed.
LREIT's NPI down 53.3% to $7.51m from IPO forecast
It posted lower revenue on the back of lower rental income from 313@somerset.
AA REIT to acquire site at Jurong Innovation District for $129.6m
Upon completion, rental contribution from master leases is slated to rise from 30.3% to 36.4%.
Singapore's life insurance sales sink 13% in H1
Movement restrictions led to a 25% drop in annual premium business.
Wilmar unit YKA expects 15-30% profit growth in 9M 2020
It has submitted for the final registration approval for its Shenzhen IPO.
Condo resale volume nearly doubled in July
An analyst noted that demand in the primary market spilled over to the secondary market.
AXA mulls sale of Singapore unit
The sale process could begin as early as the next few weeks, according to sources.
Tuan Sing to divest CBD property Robinson Point for $500m
They have entered an agreement with a British Virgin Islands investment firm.
Read Here
Advertise
Sign Up
Commentary
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia