News
Over 75% of APAC logistics firms plan to expand space
Over 75% of APAC logistics firms plan to expand space
CBRE noted Singapore’s appeal extends beyond cost competitiveness.
Over 900 units across three residential sites sold on launch weekend
Promenade Peak in Zion Promenade moved 331 units out of 596 (56%).
Daily Markets Briefing: STI up 1.08%; Top stock is Mapletree PanAsia Com Tr
Mapletree PanAsia Com Tr is the top stock with a 3.13% increase.
FTSE ST Industrials Index up 13.2% in July, outpaces STI
Wee Hur, Frencken, and Samudera led gains.
Singapore’s deal activity down by 16% in H1: GlobalData
APAC’s deal landscape increased by around 3% in the same period.
ISOTeam acquires remaining 49% shares of subsidiary Zara
The consideration for the acquisition is $1.ISOTeam Ltd. announced that it purchased the 73,500 ordinary shares owned by Chin Wai Tuck in the company's subsidiary Zara @ ISOTeam, representing 49%$ of the issued and paid-up share capital of Zara.
Keppel net profit up 25% in H1 2025
This was driven by solid performance in infrastructure and real estate.
Memiontec forecasts net loss in H1
This is due to lower gross margins recognised from ongoing projects.
Tiong Seng expects net loss for H1 2025
It is mainly due to final costs from pre-COVID projects.
United Hampshire US REIT acquires Dover Marketplace for $21.1m
This is UHREIT’s third acquisition in Pennsylvania.
CAD probes cryptocurrency platform Tokenize Xchange
ATPL Director Hong Qi Yu was charged in court with fraudulent trading.
No plans to 'fully liberalise' cross-border ride-hailing services: LTA
CBTS remains the official arrangement.
Dezign Format offers 32.5 million placement shares at $0.20 apiece
Application for the public offer closes on 13 August.Dezign Format has announced the placement of 32.5 million new shares offered at $0.20 apiece.
Tiong Seng reappoints Pek Lian Guan as CEO and executive director
His appointment will take effect on 5 August.
OCBC’s group net profit down 6% to $2.87b in H1
Interim ordinary divided is 41 Singaporean cents.
Singapore leads world in ransomware-linked regulatory threats
This figure compares to 47% across nine other major economies.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform