Staff Reporter
Frasers Centrepoint Trust closes preferential offering with 44.4% excess applications
Frasers Centrepoint Trust closes preferential offering with 44.4% excess applications
FCT received 54.4 million excess applications.
Mapletree Global Student Accommodation sells two UK assets
The company sold the assets to CVC DIF.
Keppel secures nearly $2b in capital commitments across three flagship funds
This brings Keppel’s FUM to approximately $4.9b.
New joint project office to boost Singapore business presence in JS-SEZ
It aims to streamline trade and investment processes.
Parkway Life REIT NPI up 7.5% in Q1
Revenue for the period also grew 7.3%.
KIT posts 27.7% increase in distributable income for Q1
It was driven by new acquisitions and strategic capital recycling.
EDB's new initiative enables founders to scale next venture
The Global Founder Programme aims to establish new ventures with the potential to be global industry leaders.
Singapore Business Chamber in Cambodia to launch on 26 April
The chamber aims to offer valuable insights, resources, and connections.
Nanofilm Technologies’ revenue grows 12% YoY in Q1
Its Advanced Materials Business Unit remained the largest revenue contributor.
Upper Serangoon residential site up for sale for $36m
The site spans approximately 23,709 square feet.
PLife Reit unit divests Malaysia property for $6.09m
The company is expected to recognise an estimated gain of approximately $100,000.
Daily Markets Briefing: STI up 1.15%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 9.22% increase.
Investors tap digital platforms for guidance: report
Over 80% of Singapore investors seek guidance online.
DBS, OCBC expected to post mixed Q1 2025 earnings: analysts
Analysts from UOB Kay Hian projected modest QoQ profit growth, but YoY declines for both DBS and OCBC.
Half of Singaporeans see higher bills from green shift: survey
At the same time, 58% of Singaporeans believe their government has a clear climate action plan.
Over 135,000 ransomware attacks detected in Southeast Asia in 2024
Businesses in Singapore saw 208 ransomware attacks, the lowest in the region.
Real estate investment slips in Q1 as private deals slow
Despite the slowdown, the figure reflects a 60.1% YoY increase, largely due to strong Government Land Sales.
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