News
Singapore firms deploy AI to counter shrinking margins
The government now expects GDP growth as low as 0-2% in 2025.
City Developments approves share purchase mandate
The offer price for each preference share will be $0.78 in cash.
URA proposes five sites for conservation
This will be part of the Draft Master Plan 2025, one of the key SG60 programmes.
Sri Trang Agro-Industry posts $26.7m net profit in Q1
It was driven by higher selling prices of natural rubber (NR) and gloves.
Cariflex inaugurates new $461m latex plant in Singapore
The plant supports growing demand in markets such as non-surgical medical gloves.
AEM posts 71.4% QoQ net profit drop in Q1
Net profit fell from $11.7m to $3.3m.
Sinarmas Land defends IFA valuation in Lyon Investment privitisation offer
SGXRegCo is questioning how the IFA derived the 20% to 22% holding discount figure.
Rex Int'l records over 11,438 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 9,442 barrels of oil equivalent per day.
Golden Agri-Resources net profit jumps 47% in Q1
It was driven by higher crude palm oil (CPO) prices.
Geo Energy’s income jumps 63% in Q1
Sales doubled during the same period.
Genting Singapore profit down 41% to $145m in Q1
On a quarterly basis, earnings rose 2%.
Nam Cheong’s Q1 net profit sinks 94% YoY
The decline was due to reduced income and increased finance costs.
Paragon REIT puts unit trading on hold
This is ahead of the buyout developments.
Link unveils corporate branding refresh
Link will have a new logo as well as a refreshed identity for Link REIT.
CSE Global’s revenue up by 4% YoY in Q1
The communications business’ revenue increased by 7.3% YoY to $57.9m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape