News
Daily Markets Briefing: STI down 0.09%; Top stock is Genting Singapore Limited
Daily Markets Briefing: STI down 0.09%; Top stock is Genting Singapore Limited
Genting Singapore Limited is the top stock with a 3.36% increase.
About 42% of business leaders in Southeast Asia plan M&A deals in next year: study
Companies in the region may deploy aggressive capital for market share, Deloitte found.
iX Biopharma accelerates WaferiX portfolio commercialisation with Orion Labs deal
iX will commercialise its WaferiX drug delivery using Orion’s healthcare network in the county.
Savills names new APAC Capital Markets executive managing director
Neil Brookes will link Savills’ regional capital markets with the group’s global network.
Joo Chiat Road commercial property up for sale for $5.25m
The ground floor shop unit has a strata floor area of 120 square metres.
Soon Hock Property announces Kaki Bukit property disposal
It granted Bright Oasis an option to purchase the site for $1.5m.
UMS Integration net profit rises to $30m in 9M on strong semiconductor sales
Sales in chips and semiconductor systems grew by 7% and a stable 1% YoY, respectively.
OCBC could distribute $460.7m in additional capital to investors
This would equate to about 13 Singaporean cents per share.
Boustead bags semiconductor project, raises 2026 order book to $193m
The 9,000-square-metre Tampines plant will be completed by Q4 2026.
Japan Foods widens net loss in H1
The group said it was mainly due to closures of underperforming restaurants.
Singapore records 3,357 F&B openings as of October
The city-state also recorded 2,431 closures over the same period.
Addvalue Technologies' net profit surges to $2.5m in H1
The group said it was mainly due to the product mix of the sales for the period.
Sri Trang Agro reports $33.7m Q3 loss as demand softens
Shareholder loss widened 7% QoQ on weaker rubber prices.
mm2 Asia and subsidiaries face $74.6m debt repayment demands
UOB demands immediate payment from the companies within seven days.
Cortina Holdings’ H1 profit rises 11% as retail offsets cost pressures
It expects stable profitability in FY2025/26.
SingPost’s net profit falls 17.1% YoY in H1
It was mainly due to one-off gains from divestments.
Baby boomers’ cash to prop up prices of HDB resale market
Prices are expected to rise about 3% in 2026.
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Commentary
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