News
Manulife US REIT reports lower occupancy rate in Q1
The REIT recently sold a property for $173.55m.
Franklin Templeton gets approval to launch first retail tokenised fund in Singapore
Investors will be able to access the fund with a minimum investment of US$20.
SGX securities market turnover rises to $40.6b in April
SDAV also rose 59% YoY to $1.9b.
Singapore firms deploy AI to counter shrinking margins
The government now expects GDP growth as low as 0-2% in 2025.
City Developments approves share purchase mandate
The offer price for each preference share will be $0.78 in cash.
URA proposes five sites for conservation
This will be part of the Draft Master Plan 2025, one of the key SG60 programmes.
Sri Trang Agro-Industry posts $26.7m net profit in Q1
It was driven by higher selling prices of natural rubber (NR) and gloves.
Cariflex inaugurates new $461m latex plant in Singapore
The plant supports growing demand in markets such as non-surgical medical gloves.
AEM posts 71.4% QoQ net profit drop in Q1
Net profit fell from $11.7m to $3.3m.
Sinarmas Land defends IFA valuation in Lyon Investment privitisation offer
SGXRegCo is questioning how the IFA derived the 20% to 22% holding discount figure.
Rex Int'l records over 11,438 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 9,442 barrels of oil equivalent per day.
Golden Agri-Resources net profit jumps 47% in Q1
It was driven by higher crude palm oil (CPO) prices.
Geo Energy’s income jumps 63% in Q1
Sales doubled during the same period.
Genting Singapore profit down 41% to $145m in Q1
On a quarterly basis, earnings rose 2%.
Nam Cheong’s Q1 net profit sinks 94% YoY
The decline was due to reduced income and increased finance costs.
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