News
Tepid growth ahead for Sheng Siong stores as consumer spending weakens
Tepid growth ahead for Sheng Siong stores as consumer spending weakens
The contribution of same-store-sales to earnings is expected to hit only 0.5% in 2019-2020.
Suntec REIT buys Australian freehold Grade A office for $141.51m
The 12-storey property has an NLA of 282,000 sqft and a committed occupancy of 91.6%.
Keppel REIT NPI dropped 28.1% to $31.06m in Q2
It was dragged by the lower one-off income from Ocean Financial Centre.
Koh Brothers Eco Engineering nabs $668.2m contract from PUB
It will construct influent pumping stations for the Deep Tunnel Sewerage System Phase 2 project.
Maybank demands $33.6m from Hyflux for early termination of hedging deal
The bank designated 4 July as its date of termination.
SIA Group passenger load factor up 1.6ppt to 86.2% in June
Passenger carriage rose 8.5% YoY.
Seletar Mall buy could add up to 10% to SPH REIT's FY 2019 DPU
The firm’s DPU inched up 1.5% YoY to $0.0139 in Q3, thanks to higher contributions from The Rail Mall and Figtree Grove Shopping Centre.
Developer sales in June up 25% to 821 units
The growth was driven by Sky Everton which sold 134 units at an average $2,523 psf.
Daily Briefing: REITS to lure investments despite 20% price hike; Recruitment platform Glints bags $9.22m in series B funding
And HDB reports 3,300 unauthorised flat rental cases during the past four years.
Chart of the Day: Total property investment sales fell 9.52% to $11.4b in H1
Industrial property sales led the declines.
Daily Markets Briefing: STI down 0.28%
DBS led the gains as it rose 0.46%.
Singapore to unveil more standards for drones, additive manufacturing and video analytics
These standards discuss safety requirements as well as building inspection guidelines for drones.
Wilmar's YKA IPO could kick off in Q4: analyst
It already received a go-ahead from the Chinese regulator.
Singapore Press Holdings profits dropped 44.1% to $26.2m in Q3
Lower print advertisement and circulation revenue dragged down the company’s performance.
CapitaLand's One Pearl Bank preview lures 4,000 visitors over the weekend
774 units are up for sale with prices starting at under $1m.
Venture Corporation could bank on medical devices and life science segments to drive growth in H2
Its customer Illumina is expected to grow 6%, albeit at a lower rate compared to its previous estimate of 13-14%.
CapitaLand's development pipeline doubles to 13.9 million sqm over Chinese, Indian assets
Its China development pipeline alone has grown 25% to 7.1 million sqm GFA.
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