News
Hotel sector remains strong in H1 with $1.9b deal
Hotel sector remains strong in H1 with $1.9b deal
The four-star segment dominated with $1.4b (US$1.11b) across eight deals.
Centurion unit acquires Johor-based dormitory operator for $33.2m
This will increase the bed capacity of its Malaysian portfolio by 25%.
Boustead files for REIT listing on the SGX Mainboard
It submitted applications on behalf of UIB Holdings Limited.
Lum Chang’s net profit surges in FY 2025
This was on the back of a revenue growth of $113.6m.
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.
Grand Venture Technology to vote on Aalberts' 94 cents per share offer
The meeting will be held at 2 Changi North Street 1.
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.
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).
bolttech, Globe Telecom launch annual phone upgrade programme
Flagship Forever will allow eligible customers to upgrade their smartphones every year without paying pretermination fees.
Daily Markets Briefing: STI up 0.52%; Top stock is Genting Sing
Genting Sing is the top stock with a 2.78% increase.
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.
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