News
OxPay loss widens to $2.1m as gross margin drops 13 points
OxPay loss widens to $2.1m as gross margin drops 13 points
Cash was $5.0m at 30 Sept, with $3.6m earmarked for settlements; OxPay raised $2.4m in 2025.
Vin’s Holdings raises $4.10m CP as related parties take 43.4%
The three-month SGD paper is under Vin’s SDAX multicurrency programme.
Daily Markets Briefing: STI down 0.62%; Top stock is Wilmar Intl
Wilmar Intl is the top stock with a 3.40% increase
SDAI to refer audit findings to CAD, CPIB and issue demand letters
SDAI says Covenant Chambers advised action, with further shareholder updates promised under Catalist Rules.
HCLTech buys Finergic for $19m cash to boost wealth consulting
HCLTech will buy 100% via HCL Singapore; Finergic’s 2024 net worth was $5.4m, it said.
OCBC profit expected at $1.7b on higher fee and insurance income
Fee income and insurance contribution are expected to have grown during the quarter.
UOB profit set to slide 16.7% on lower wealth and loan fees
It will take time for UOB to return to its peak profitability, the report said.
Core inflation to hit 1.5% as domestic demand accelerates
Price pressures are likely to rise to around 1.4–1.5% in Q1.
MoneyMax wins SGX nod for Mainboard transfer
The group obtained approval-in-principle to exit the Catalist board on 23 January.
CCCS weighs monopoly risk as three airline giants enter joint business deal
The regulator is probing Qatar-IAG-MAB air cargo price-sharing pact.
Government injects over $1b into 'National AI Research' plan
The funding focuses on fundamental research and talent pipelines.
RH Petrogas postpones NWK-1 well spudding to late Q1
The company cited weather and access issues for the delay.
Rex targets February 2026 to trigger Benin well production
The installation of reservoir screens and pumps remain for final stages.
Public housing resale slump forces sellers below last deal prices
It posted a 0% change caused by a widening gap in pricing expectations, amongst others.
Soilbuild breaks Penjuru deadlock with $87.4m land win
Bids were previously denied after failing to meet reserve prices.
'Live entertainment' fuels 45% short-travel spike amongst working adults
Concerts like ‘Mayday in Kuala Lumpur’ drive bookings.
Retailer caution triggers slower rental growth in Q4
Retail sales up 0.8%, rental growth remains moderate.
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Commentary
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