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Its board is of the view that this will broaden and widen its investor reach.

Earnings per share declined to $0.03 from $0.22 a year earlier.

It raised gross proceeds of $12.25m.

The outstanding debt from KLP was approximately RM14.3m.

Units were sold at an average of $3,350 per square foot.

Seatrium Limited is the top stock with a 5.78% increase.

In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b. 

The fund is part of a broader $1b package unveiled by the government in March.

The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.

45% of employers surveyed either reduced or postponed pay rises this year, whilst 17% did not issue any salary increases. 

The report attributed Singapore’s strong AI momentum to its early national strategies, public-private collaboration, and targeted infrastructure investments.

This fuels efforts to enhance early detection and management.

The MoU is expected to benefit an estimated 5,000 SCCCI corporate members.

One key focus area is research into tele-surgical education and training.