News

UOB winds down digital credit assessment subsidiary

It had promised to invest S$12m on Avatec when it launched in 2018.

Up to 7,571 new private home units up for grabs in H2

Huttons Asia's Sze Teck Lee expects up to 6,500 new homes to be sold during the period.

OxPay Financial extends deadline for PT Diners Indonesia investment deal

OxPay is looking to invest $1.5m for a 45% stake in PT Diners.

Sembcorp appoints two new directors to the board

Manu Bhaskaran joined the team on Monday while Uwe Krueger will start on 1 October.

Keppel Infrastructure Trust appoints ex-chairman as new director, ESG member

Khor chaired the trustee-manager when the trust made its SGX debut in 2010.

Tuan Sing terminates Perth hotel management contract with Hyatt 

It will no longer be a Hyatt-managed hotel by 31 August.

SGX-listed UMS Holdings buys 5.38 acres in Penang for $4.5m

The company now has 1.2 million sqft of space in Singapore and Malaysia.

Sabana Industrial REIT set to convene EGM soon

Its trustee and the requisitionists have come to an agreement on proposed resolutions.

Casa Holdings selling all shares in Fiamma Holdings for $24.34m

The four buyers are managing directors of different Malaysian companies.

SATS issues 4.3 million new ordinary shares 

They will be listed on the SGX beginning 2 July.

GSG Capital director fined for insider trading 

Prior to announcing the acquisition of GreatSolutions, Tay Joo Heng bought 515,000 shares in its parent firm, GS Holdings. 

Singapore’s labour market to remain tight: experts

Half of companies still looking to hire more employees.

CityDev’s New Zealand subsidiary names new finance VP

Anand Rambhai has worked in finance and treasury roles across New Zealand and the UK.

GCB prices show signs of bottoming out: expert

The average transacted unit price is up 1% in Q1 and nearly 13% in Q2. 

Daily Markets Briefing: STI up 0.16%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 4.35% increase.

HDB resale volume rises 14.5% YoY in Q2

Resale volume for the period recorded 7,208 cases.