News

Prepayment losses in beauty sector surge 464% in H1

This comes despite an overall 19% drop in consumer complaints.

F&N Foods reports profit dips amidst lower milk sales

Dairies business generated most of the earnings for the nine months ended 30 June.

Aztech unit sells China property for $7.31m

Upon completion of the Sale, Aztech will report a net gain of $3.9m.Aztech Global’s wholly-owned subsidiary, Aztech Communication Device (DG), has sold its property in Dongguan, China for $7.31m (RMB 41m) to an independent third party.

PLife REIT NPI up 8% in H1

Gross revenue also rose 8.1% to $78.3m.

MPACT prices $200m green notes at 2.45% per annum

Proceeds will be used to finance or refinance MPACT green projects.

Three Wilmar subsidiary executives named in rice quality scandal

The suspects are PT PIM's president director, factory head, and quality control head.

FSL Trust’s net profit up 21% in H1

Earnings were stable, with one vessel disposed of during the period.

EuroSports Global chairman remains ‘suitable’ despite being charged

He faces 19 charges under Singapore’s Securities and Futures Act.

Acrophyte Hospitality Trust’s NPI declines 14.3% YoY in H1

Gross revenue of the group also went down 6.9% YoY during the same period.Acrophyte Hospitality Trust reported a 14.3% year-on-year (YoY) decline in net property income (NPI) for the first half of 2025 to $23.19m (US$18m).

Alstom to install Urbalis system for East-West Line stations

The deal covers upgrading three stations and extending the line to Changi Airport Terminal 5.

CSE Global bags $59.3m contract in US data centre market

This is an extension contract with an existing hyperscaler customer.