News

Khong Guan forecasts net loss for FY 2025

Khong Guan forecasts net loss for FY 2025

The group attributed this to doubtful debts and its performance in Malaysia and Singapore.

Southern Alliance Mining expects higher net loss in FY 2025

This was mainly due to a lower average realised selling price as iron ore prices softened.

Keppel DC REIT to buy 98.47% stake in Tokyo Data Centre 3 for $707m

This increases its Japan’s share of assets from 4.3% to 16.4%.

iWOW Technology sells 15 million new shares to key investor

About $2m of the gross proceeds will be used to expand the business.

Transport ministry pushes sustainable aviation fuel bill

The bill will empower CAAS to collect a fixed SAF levy from air transport users.

AJJ Medtech awarded $2m supply contract

It is expected to provide recurring revenue whilst deepening AJJ’s institutional footprint across the country.

Singapore’s carbon tax, MEI set tone for APAC real estate: report

Energy efficiency (44%) and renewable energy (43%) top the list of “non-negotiable” features investors seek.

Singapore’s announced deals fall 12% YoY in first 8 months

Across Asia-Pacific, overall deal volume edged up roughly 1% over the same span.

Kilde raises $1.92m in Pre-Series A funding round

It will be used to add staff, expand capital markets capabilities, and upgrade technology.

Moody’s affirms SGX’s Aa2 rating, keeps outlook stable

Moody’s expects SGX’s pre-tax margin to remain about 55% over the next 12–18 months.

Daily Markets Briefing: STI down 0.08%; Top stock is JMH USD

JMH USD is the top stock with a 4.86% increase.

Jawala reports net loss guidance for 2025

The group said this was due to lower sales in H2.

XMH Holdings subsidiary sent $11m tax bill from Indonesian tax authority

The group said it would have a material impact on the group's financial performance.

Grab to roll out Ai.R autonomous shuttle service in Punggol

It expects to carry its first passengers by early 2026

ComfortDelGro to launch driverless shuttle service in Punggol by 2026

It will use advanced sensors such as LiDAR, radar, and cameras.

Agoda admits error over severance clause

Letters discouraged staff from seeking union or government help.