News

Singtel's Thai associate to pay $1.4b over dispute

Singtel's Thai associate to pay $1.4b over dispute

Amended terms in a service agreement allegedly resulted in lost earnings for telecom company TOT.

Tighter alcohol regulation in Vietnam could worsen ThaiBev's sales

The new drink-driving law already caused beer sales in the country to drop 25%.

CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019

It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.

Starhill Global REIT's NPI fell 5.9% to $37.2m in Q2

The contraction was attributed to the enhancement works of the Starhill gallery in Malaysia.

PACC Offshore to delist from SGX

Bid vehicle Quetzal capital and its concert parties now hold 96.48% of POSH’s shares.

Hyflux's debt moratorium extended to 28 February

They also confirmed their loss of confidence with their lawyers.

Ascott Residential Trust's profits up 6% to $252.6m in 2019

A change in leasing standards boosted profits in Q4.

Daily Briefing: Temasek's $50m solar bet; Malls shut in China

And travel players implement precautionary measures against Coronavirus spread.

Chart of the Day: 2.2 million sqm of industrial space to be completed in 2020

About 80% of the upcoming supply will be for factory space.

Daily Markets Briefing: STI up 0.04%

Medtecs International led the gains amongst top active stocks with a 13.95% expansion.

Online hiring sentiment slips 8% in December

The IT industry saw the highest demand in recruitment activity for the month.

Elite Commercial REIT prices IPO at $1.21 apiece

Its initial portfolio comprises 97 commercial buildings in the UK.

Top five IT plays averaged total returns of 105.3% in 2019

The best-performing IT stock saw its total returns hit 154.3%.

CapitaLand closes six malls in China amidst novel coronavirus outbreak

Local governments in Wuhan and Xi’an cities required the closure.

Asia's first bitcoin asset fund Stack floats in Singapore

The index fund plans to capture $1.01b (US$750m) assets under management within 2020.

Utico to hike advisors fees cap to $50m if Hyflux rescue deal bags approval

It will reduce the pot to $30m if advisors do not support the restructuring agreement.