News

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.

SIA Group flew 2.7 million passengers in April

But its cargo and mail carried fell to 68.8 million kilogrammes.

What are Singaporeans’ preferred markets for commercial real estate investment?

Investors from SG deployed a total of US$15.8b into global real estate in 2022.

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY.

Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock

Hongkong Land was the most active stock as it increased by 1.79%.

SDC, WWF-SG unveil sustainability guidebook for establishments

The guidebook instructs businesses to align operations with sustainable practices.

ST Engineering revenue up 13% YoY to $2.3b in Q1

Its Commercial Aerospace sector contributed the largest with $873m.

United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1

The REIT attributed the increase to the resilient performance of its existing properties.

LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123

Despite the net profit decline, the company proposed a higher interim dividend of $0.01.

Singapore receives first-ever import of live chicken from Indonesia 

Japfa delivered the 23,000 chickens to the Lion City.