News
Boustead Singapore revises offer to take real estate subsidiary private
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.
Wilmar International’s net profit rises to US$2.4b in FY22
The group attributed the increase to higher profit from all its key segments.
Nanofilm’s revenue dips 3.8% YoY to $237.4m in FY22
The company attributed the decline to four factors.
SG, India enable real-time cross-border payments
This is possible with the linkage of PayNow and India’s Unified Payments Interface.
Employment rate of graduates declines in 2022
Over 93% were employed according to the latest poll.
Genting Singapore net profit rockets 85% for FY2022
The increase in international tourists in Singapore is the cause behind the growth
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform