News
Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates
Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates
An analyst said these sites have lower risks and costs involved.
Daily Markets Briefing: STI up 0.89%; CapitaLandInvest is top stock
CapitaLandInvest was top gainer with 5.59%.
OCBC net profit up 31% YoY to S$1.6b in Q3 2022
The company’s net interest income grew by 44% YoY.
SGX seeks opinion on proposed CDP margining framework and clearing fund changes
Amongst the changes proposed include the introduction of margin offsets.
Maybank names new Maybank IBG CEO
Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.
OUE C-REIT posts 4.4% YoY higher income of $48.3m in Q3
The increase was mainly due to lower property expenses.
CLI sees improvement across its 3 growth drivers in Q3
The company was able to unlock capital with gross divestments of S$2.4b.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
Sembmarine unit bags maintenance contract for Hornsea 2 Offshore Wind Farm
The unit will undertake the servicing the wind farm’s low voltage and ancillary systems.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
Larger HDB flats take a hit from September cooling measures
Prices for executive flats dipped 1% MoM, the first time since July 2021.
Daily Markets Briefing: STI declines 1.47%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the top active stock with a 2.42% increase.
HDB resale prices up 0.5% MoM in October
A total of 1,965 HDB resales were transacted last month.
Investment holding vehicle raises cash consideration per offer share in SMG
The revised final cash consideration is at $0.40 per offer share.
NetLink NBN Trust's profit grows 36.1% YoY in H1 FY23
Its EBITDA was up 15% to $145.6m.
Sembcorp Marine’s proposed KOM acquisition gets green light from CCCS
The acquisition will not lead to a substantial lessening of competition.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
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