News

Yeo Hiap Seng’s net profit falls by 50% YoY to $1.6m in H1

Group revenue declines by 10.1% to $148.6m in the same period.

Sembcorp’s net profit down 1% in H1

Its business segments recorded mixed results.

Latest Astrea bonds achieve 3.4 times subscription rate, draw over $3.4b

Fund manager Azalea increased the amount of retail bonds in Astrea 9 by 37%.Azalea Investment Management reported that the three classes of their Astrea 9 PE bonds garnered total subscriptions of over $3.4b, achieving a subscription rate of 3.4 times the US$780m bonds offered under both placement tranches and public offers.

BHG Retail REIT NPI down 16.1% in H1

This is due to the weakening of the RMB against the Singapore dollar.

SGX Group posts record revenue, profit for FY2025

Adjusted net profit rose 15.9% YoY to $609.5m.

Australia files proceedings against Singtel’s Optus over 2022 data breach

The Optus entities said they would review the claims and respond in due course.

Keppel raises $6.3b in 2025 for private funds

The total includes about $907m in new commitments for KEAF II and KDCF III.

Riverstone Holdings' net profit falls by 29.6 YoY in H1

Despite this, group revenue increased 0.1% YoY to $150m.

IREIT Global sees 26% drop in DPU in H1

The decline is attributed to the full vacancy of the Berlin campus.

Rex International widens net loss in H1

It was mainly due to the depletion of oil and gas properties.

Singapore flight bookings up 17% for SG60 National Day break

The increase is being attributed to travelers taking advantage of the extended holiday.

UOB Kay Hian Alpha Picks gain 17.7% in July, beating STI

The Alpha Picks beat the STI by 12.4 percentage points on an equal-weighted basis.

Daily Markets Briefing: STI up 0.72%; Top stock is YZJ Shipbuilding SGD

YZJ Shipbuilding SGD is the top stock with a 7.99% increase.