News

About 47% displayed negative buying behaviour two years or more after going through a bad experience.

DBS led the buyback spree after re-purchasing $65.68m worth of their shares. Buyback considerations more than tripled to $133.1m in May from $35.1m the previous month with a total of 24 SGX-listed stocks reporting buybacks of about 39.1 million shares, according to SGX. The latest figure marks a nine-month high since August when total buybacks hit $245.4m. Also read: Share buybacks plummeted 69.23% to $36m in April

Don’t expect gains today.

The decline will be partially countered by the launch of data centres in the coming years.

And heavy demand met First Sponsor Group’s $147.6m rights issue.

It will allow FX e-trading of over 130 currencies.

Occupancy has recovered to a healthy 95.2%.

The new unit will work on the upgrade and repair of drilling rigs, military, para-military and commercial ships.

Traffic rights will be given to three airlines to operate on the Singapore–Busan route.

The largest transaction was the $227.5m sale-and-leaseback deal with LTH Logistics.

Its real estate arm will get 115 million sqft for US$13.4b.

It will open two months ahead of schedule with a 92% commitment for its retail leasing.

Etix has a network of data centres across Europe, Africa, Latin America and Southeast Asia.

Don’t expect gains today.

And e-scooter platform Beam is expanding to Malaysia.

Office rents are expected to rise 8-10% amidst low vacancy levels of 3%.