News
Daily Markets Briefing: STI declines 1.06%; SATS is most active stock
Daily Markets Briefing: STI declines 1.06%; SATS is most active stock
SATS was the top stock with a 2.94% increase.
CapitaLand Investment launches opportunistic partners programme in China
A total of $1.1b equity has been committed to the programme.
Citibank Singapore names retail banking head
Matt Read’s appointment will take effect on 17 April.
UOB Group posts record core net profit of $4.8b in FY22
Compared to FY21, the group’s core net profit rose 18%.
ARA US Hospitality Trust’s NPI soars 66% YoY to US$41.4m in FY22
The higher NPI pushed the REIT”s DPS to US$0.03054.
Boustead Singapore revises offer to take real estate subsidiary private
It is now offering to buy all of Boustead Projects Limited’s shares for $0.95 each share.
IHH CEO steps down
Dr Kelvin Loh Chi-Keon served as CEO for almost three years.
Sembcorp Industries chairman takes a bow
Ang Kong Hua will retire from his post on 20 April.
2Y SGS bond ‘attractive enough’ to draw demand: UOB
The June 25 bond was first issued in 2015 but was retapped.
Daily Markets Briefing: STI declines 0.27%; Yangzijiang is most active stock
Yangzijiang Shipbuilding is still the top stock.
SATS to raise S$798.8m in rights issue for WFS acquisition
Entitled shareholders will be allotted to subscribe for 323 rights shares for every 1,000 existing shares.
Great Eastern’s profits down 30% to S$784.2m in FY2022
CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.
ComfortDelGro driving centre rolls out first electric motorcycle course
It will be for motorcycle riders who hold Class 2A or 2B licences.
Steady earnings recovery expected for ComfortDelGro: analyst
RHB expects a net profit of $24m for ComfortDelGro.
Frasers Property secures 5-year SLL financing for Australian business
The SLL is worth $311.2m (A$340m) and $100.4m (US$75m).
SIA Group's net profit soars 12.7% QoQ to $628m in Q2FY22/23
The company attributed the increase to better operating performance, amongst others.
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