News
Temasek to raise stake in Italy's Ermenegildo Zegna to 10%
Temasek to raise stake in Italy's Ermenegildo Zegna to 10%
Temasek Holdings is increasing its stake in Italian luxury group, Ermenegildo Zegna, to 10% by purchasing 14.1 million treasury shares at $8.95 each.
Sheng Siong sees 3.4% increase in H1 net profit
Five new stores opened in H1 2025, and 3 additional new stores are opening in Q3 2025.
DBS, Frasers Property sign 3-year partnership to boost SG's heartland economy
Retailers will get help with cost savings and digital adoption.
Singapore Airlines, Garuda Indonesia expand commercial partnership in August
Key updates include joint fare sales and more codeshare routes.
Asian homebuyers grow regional property portfolios in Southeast Asia
Phnom Penh is an emerging market for buyers, offering rental yields of 8% to 10%.
Addvalue Technologies secures $2.85m in new space orders
The group’s order book now stands at
Mapletree Logistics Trust to divest South Korean asset for $7.4m
The buyer is an unrelated third party.
Grab posts $20m profit in Q2
Revenue also rose 23% YoY to $819m.
Jardine C&C's net earnings down 23% in H1
Net profit declines by 23% to US$371m due to unrealised fair value losses.
Astrea 9, Azalea launch Retail PE Bonds on SGX for public offer
The placement tranche was 3.6x subscribed.
STB, IndiGo sign MoU to boost Indian travel to Singapore
This is STB’s first partnership with an Indian airline.
MetaOptics files for IPO on SGX Catalist
Proceeds will be used for product development and R&D.
AIMS APAC REIT's net property income down 1% in Q1 FY2026
The group’s gross revenue rose by 0.2% YoY to $47.4m.
Elite UK REIT’s NPI dips 0.4% YoY in H1
The company said it was on the back of revenue increasing 0.5% YoY to $32.
Singapore and Vietnam log most activity in PE deals and volume in Q2
Private equity deal value declined in Southeast Asia due to the lack of mega deals.
Seatrium’s net profit soars in H1
Revenue for the period also grew 34% to $5.4b.
Chocolate Finance raises $19.4m in Series A+ funding
It has also received a license to start its operations in Hong Kong.
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