News

Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing

Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing

There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.

Daily Markets Briefing: STI up 0.21%

DBS led the gains as it stock rose 0.66%.

Chart of the Day: Industrial rents down 1% to $1.98psf in Q2

The Kallang, Geylang and Bendemeer cluster saw the largest rental decline to $3.10psf.

Retail sales shrink for fourth straight month in May

Sales fell 2.2% with motor vehicles leading the decline.

OCBC ties up with Police Force to enable automatic data retrieval

Project POET will cut the usual processing time to retrieve information from up to three months to just two days.

Technical recession risks heighten over dismal GDP growth

Economic growth declined to a mere 0.1% for Q2.

Listed, local and international firms reign on top at Singapore Business Review Awards 2019

Over 150 guests graced the dinner and awards held at the Conrad Centennial Singapore on Thursday, 11 July.

Frasers Centrepoint secures 33.3% stake in Waterway Point for $240.5m

It launched an equity fund to raise gross proceeds of $437.4m.

Thomson Medical Group priced $225m 3-year senior bond in maiden bond offering

Proceeds will be used to refinance its existing debts and extend its debt maturity profile.

SPH REIT's NPI up 14.2% to $46.32m

The income boost came from its Rail Mall and Figtree Grove Shopping Centre properties.

Keppel Land buys three Vietnam land parcels for $76m

It will develop around 2,400 premium apartments with local developer Phu Long Real Estate Corporation.

Singapore GDP growth slows down to 0.1% in Q2

The manufacturing sector continued its sharp decline and contracted 3.8%.

Mapletree Industrial Trust's DPU could get 2.5% leg up from Kolam Ayer 2 Cluster redevelopment

It will add a 211,000 sqft build-to-suit facility for a global medical device firm.

Daily Markets Briefing: STI up 0.3%

DBS led the gains as it stock rose 0.83%.

Chart of the Day: Virtual banks may only account for less than 1% of Singapore loan market by 2022

The retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.