News

Daily Markets Briefing: STI up 1.08%; Top stock is Mapletree PanAsia Com Tr

Mapletree PanAsia Com Tr is the top stock with a 3.13% increase.

Singapore’s deal activity down by 16% in H1: GlobalData

APAC’s deal landscape increased by around 3% in the same period.

ISOTeam acquires remaining 49% shares of subsidiary Zara

The consideration for the acquisition is $1.ISOTeam Ltd. announced that it purchased the 73,500 ordinary shares owned by Chin Wai Tuck in the company's subsidiary Zara @ ISOTeam, representing 49%$ of the issued and paid-up share capital of Zara.

Keppel net profit up 25% in H1 2025

This was driven by solid performance in infrastructure and real estate.

Memiontec forecasts net loss in H1

This is due to lower gross margins recognised from ongoing projects.

Tiong Seng expects net loss for H1 2025

It is mainly due to final costs from pre-COVID projects.

United Hampshire US REIT acquires Dover Marketplace for $21.1m

This is UHREIT’s third acquisition in Pennsylvania.

CAD probes cryptocurrency platform Tokenize Xchange

ATPL Director Hong Qi Yu was charged in court with fraudulent trading.

Dezign Format offers 32.5 million placement shares at $0.20 apiece

Application for the public offer closes on 13 August.Dezign Format has announced the placement of 32.5 million new shares offered at $0.20 apiece.

OCBC’s group net profit down 6% to $2.87b in H1

Interim ordinary divided is 41 Singaporean cents.

Singapore leads world in ransomware-linked regulatory threats

This figure compares to 47% across nine other major economies.

Singlife’s PROPEL appoints new technology chief

The new CTO will focus on enhancing the PROPEL platform.