News
Frasers Property wants Frasers Hospitality Trust to be privatised
Frasers Property wants Frasers Hospitality Trust to be privatised
The proposed privatisation via trust scheme has an offer of 70 cents.
Declining SDAV levels to impact SGX revenue: UOB Kay Hian
The analyst sees a 15% to 20% drop in securities daily turnover value levels.
Chart of the day: Singaporeans to spend more on travel in the next 12 months
Most Singaporeans want to fly abroad more than just go somewhere local.
Market update: STI down at 0.91%
Hongkong Land and Jardine Cycle & Carriage were the only gainers at the index.
Gov't establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
MapleTree Industrial trust divests Michigan data centre for $13.8m
It was sold to a non-interested third-party purchaser.
Top Glove Corporation's net profit plunges by 99% to $9.14m in Q3 2022
In the same period last year, its profit was $816.54m (RM2.06b).
S-REITs to provide higher income, resilience amidst global disruption: HSBC
Singapore’s economy will stand out from a growth trajectory perspective.
Changi Airport cuts down losses to $838m in FY21/22
Losses were cut on the back of a 33% increase in the group's revenue.
Private residential supply up by 12.5% to resolve unsold inventory
The residential supply under the government programme was up to 3,505 units.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Market update: STI down at 0.5%
DFI Retail Group got the top index spot.
ComfortDelGro teams up with Alipay+ to enable cashless payments for tourists
Tourists, mainly Malaysians and South Koreans, can now use their local e-wallets to pay.
OCBC US$750m Tier 2 notes priced at 4.602%
Proceeds will be used for general corporate purposes.
HDB resale volume drops 5.1% MoM in May
May marked the second month of the decline in resale volume.
Lakepoint Condominium’s tender closes with no bids
It was relaunched for collective sale with a reserve price of $640m.
Yangzijiang Financial Holding puts up $200m share buy-back programme
It will increase shareholders’ value and improve return on equity.
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