News

Ever Glory raises $17m from share placement

The funds will be used for working capital and the Guthrie Engineering acquisition.

Karin Technology’s net profit up 1% in FY 2025

However, the group’s revenue declined by 12.4% YoY to $313.6m.

Aedge Group unit to acquire property in Kallang Bahru for $13.988m

The property has a land area of 2,652.1 square metres.

Reclaims Global eyes possible share transaction

However, the group cautions stakeholders that there is no certainty of a definitive transaction.

Fullerton Fund and Da Cheng International Asset ink partnership agreement

The two firms will co-sponsor products in Singapore and Hong Kong.

Samudera Shipping acquires container vessel for $64.9m

The vessel has a total capacity of 2,684 twenty-foot equivalent units.

Singapore industrial sector stands firm as APAC investment falls 36%

Across APAC, Q2 real estate investment fell to US$7.3b, down 36% YoY, pulling H1 volumes 27% lower than the same period in 2024.

Daily Markets Briefing: STI up 0.52%; Top stock is Genting Sing

Genting Sing is the top stock with a 2.78% increase.

bolttech, Globe Telecom launch annual phone upgrade programme

Flagship Forever will allow eligible customers to upgrade their smartphones every year without paying pretermination fees.

Fu Yu Corporation completes probe into supply chain unit

The investigation covered several key areas, including the 2021 acquisition of FYSCS (formerly Avantgarde Enterprise Pte Ltd).

Which banks are most favored by Singapore’s wealthiest?

Top brands are those with wealth management expertise and international reach.

AsiaPhos plans $59.4m acquisition of Exquisite Mode in reverse takeover

The board believes the deal would allow the company to enter a new growth area.

Scoot expands global services by launching Dohop-powered booking platform

The platform enables customers to book self-connect itineraries.

Sembcorp bags Pandan Reservoir floating solar project

This is the company’s third floating solar project in Singapore.

Interest in thrift increases in Singapore

Thanks to Gen Z, who are getting into vintage style.