News

Aqua Munda commits $208m to buy Hyflux's debts

It will also be used for funding the water treatment firm’s capital requirements.

Daily Markets Briefing: STI up 0.09%

Singtel saw the sharpest decline amongst top active stocks with a 0.9% fall.

Chart of the Day: Occupancy rates of private industrial spaces remained flat in Q3

Single-user factories and business parks posted the highest climb at 0.3 ppt.

MAS fines investor $200,000 for non-disclosure of shareholding interests

This is the first civil penalty action for such breaches of the SFA.

UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report

The deal is said to have left about 34,000 retail investors in the lurch.

Changi Airport T2 multi-year expansion to begin by late January

The revamped terminal will include more greenery interiors and self-service travel options.

Temasek eyes increasing stake in WeWork China

This will push WeWork China’s valuation to around $1.35b.

Golf time between developers results in lower land bids: study

Winning bids fall by as much as 14% after informal interactions at the golf course.

Guocoland's Q2 earnings up three-fold to $32.4m

Higher sales from its premium residential property boosted the earnings.

NODX reversed decline with 2.4% growth in December

Non-electronic NODX growth sped up to 11.5%, boosted by non-monetary gold.

Pan Ocean invests $182.86m in medium-range tankers

The first vessel is expected to be delivered on 30 June 2021.

Singapore's fixed asset investments hit $15.2b in 2019

Large manufacturing investments came from semiconductor and energy companies.

Daily Markets Briefing: STI up 0.65%

Singtel led the gains amongst top active stocks with a 2.15% expansion.

Chart of the Day: Investments in office developments soared 62% to $7.6b in 2019

The capital value of Grade A offices climbed 3.9% to $2,518 psf.