News
Commercial site in Hoe Chiang, Lim Teck Kim roads up for sale for $216m
Commercial site in Hoe Chiang, Lim Teck Kim roads up for sale for $216m
Buyers could use the 18,540-square-foot site for commercial or hotel development.
Singapore e-commerce generated $2b of Singapore's GDP in 2022: report
The country ranked amongst the top 20 most entrepreneurial countries.
CapitaLand Ascendas RET closes private placement at $2.727 per unit
The issue price represented 5.1% of the $2.8727 VWAP per unit.
ST Engineering unit to issue US$500m fixed rate notes
The notes are due in 2026 with a fixed rate of 4.125% per annum.
Singapore’s Jewels: 20 small-cap companies that investors should pay attention to
“Jewels” have a market capitalisation range of up to $1.5b.
SIA Group net profit soar to $2.16b
A $3.12b rise from the $962m net loss last year.
Non-oil domestic exports drop 9.8% YoY in April
A 20.9% drop in exports to China drove the overall decline.
Singapore is 4th most preferred travel destination in APAC
It ranked behind Hong Kong.
New home prices to increase at ‘more sustainable pace’
Experts expect price growth to come at 4% to 6% for the whole year.
Daily Markets Briefing: STI dips by 0.02%; ST Engineering is top stock
ST Engineering was the most active stock with a 2.76% growth.
Pavilion Energy secures first SGE-certified LNG cargo
The methodology would become a standard in reducing Greenhouse Gas emissions.
HMI Group merges with MHC Asia Group
The merger would deliver digital healthcare services to three million patients annually.
ComfortDelGro’s profit falls to $32.8m in Q123
In Q122, the company recorded a profit of $76.1m.
CapitaLand Malaysia to buy Selangor warehouse for $11.4m
The REIT plans to convert the property into a temperature-controlled distribution center.
Consortium ups cash offer for Penguin International to $0.83 per share
The Offer Shares are to be acquired fully paid and free from rights and interests of any nature.
CapitaLand Ascendas REIT acquires Seagate’s R&D facility for $218.24m
The acquisition will expand CLAR’s footprint in the one-north district by 13%.
More launches drive new home sales up by 80.3% MoM in April
April marked the highest new home sales since September 2022.
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Commentary
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