News
Singapore banks’ dividends to weather economic and global trade woes
Singapore banks’ dividends to weather economic and global trade woes
DBS and OCBC are expected to hold their dividends steady in 2025.
Sabana REIT NPI up 22% to $16m in Q1
DPU also rose to $0.0086.
Sinarmas Land profit down 5.5% to $154m in H2
Revenue for the period also fell 2.9%.
Japfa shareholders approve privatisation scheme
The delisting of the shares is expected to occur on or around 3 June.
Payment performance improves slightly in Q1
Three out of five sectors reported higher slow payments.
LHN proposes spin-off, SGX Listing for co-living unit Coliwoo
The spin-off will not affect LHN's majority stake in Coliwoo Group.
Gov't concludes review of Singapore Standard Industrial Classification
The 2025 SSIC maintains basic principles with changes made to align with international standards.
Aztech’s net profit plunges 90.3% YoY
The decline was due to reduced customer demand.
NTU gets $110M for education initiatives
The university plans to launch three educational initiatives.
SIA Group passenger traffic falls 0.8% in March
Load factor also dropped to 84.7%.
Lum Chang unit secures contract for New Bridge commercial development
The contract is valued at $29.14m.
Oiltek bags new $18.4m contracts
The group’s current order book stands at $119.9m.
Ho Bee Land CEO acquires additional 113,000 shares in the company
Chua Wee-Chern’s stake in the company now stands at 0.498%.
Vin’s Holdings debuts IPO with 16.7% increase in share price.
The share price closed at $0.35.
SATS’ WFS bags 5-year cargo handling contract from Emirates
WFS will provide its services for Emirates’ cargo arm at Frankfurt Airport.
ComfortDelGro explores AI bus control rollout in Singapore
The move comes on the heels of a successful pilot and full deployment of the system by its UK subsidiary, Metroline.
Prime retail rents remain flat in Q1 2025
The average island-wide gross rent only grew 0.3% QoQ.
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