News
DBS, OCBC, and UOB’s STI weight rises to 52.1% in April
DBS, OCBC, and UOB’s STI weight rises to 52.1% in April
The three banks delivered an average total return of 107%.
Daily Markets Briefing: STI up 0.28%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.95% increase.
EC World REIT net property income falls 53.7% in Q1
The group is currently looking to sell some of its assets to pay off debts.
Parkson Retail's net profit rises 21.1% YoY in Q1
Earnings per share stood at $0.0218.
ComforDelGro’s Q1 revenue rises 19.0% YoY
PATMI rose 16.4% YoY.
Freehold commercial building at 562 Serangoon Road on sale via EOI
The EOI will close on 9 July.
Manulife US REIT reports lower occupancy rate in Q1
The REIT recently sold a property for $173.55m.
Franklin Templeton gets approval to launch first retail tokenised fund in Singapore
Investors will be able to access the fund with a minimum investment of US$20.
SGX securities market turnover rises to $40.6b in April
SDAV also rose 59% YoY to $1.9b.
Singapore firms deploy AI to counter shrinking margins
The government now expects GDP growth as low as 0-2% in 2025.
City Developments approves share purchase mandate
The offer price for each preference share will be $0.78 in cash.
URA proposes five sites for conservation
This will be part of the Draft Master Plan 2025, one of the key SG60 programmes.
Sri Trang Agro-Industry posts $26.7m net profit in Q1
It was driven by higher selling prices of natural rubber (NR) and gloves.
Cariflex inaugurates new $461m latex plant in Singapore
The plant supports growing demand in markets such as non-surgical medical gloves.
AEM posts 71.4% QoQ net profit drop in Q1
Net profit fell from $11.7m to $3.3m.
Sinarmas Land defends IFA valuation in Lyon Investment privitisation offer
SGXRegCo is questioning how the IFA derived the 20% to 22% holding discount figure.
Rex Int'l records over 11,438 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 9,442 barrels of oil equivalent per day.
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