Markets & Investing

Wing Tai Holdings 50% profit drop in H1 2025

Earnings per share also dropped from $2.24 to $1.32.

Singapore cap rates remain stable in Q4 2024

In APAC, consumer spending has surged during the Q4 festive season, benefitting the retail sector.

Asia-Pacific Strategic Investments to establish casino, bank in Timor-Leste

The company signed two cooperation agreements with Timor-Leste on 8 February.

First REIT Trust’s DPU down 4.8% YoY in FY2024

The total distributable amount fell by 4.1% YoY.

CICT’s retail, office segments to grow due to strong rental reversions: DBS

Its property value increased by 6.2% YoY to $26b following year-end valuations.

Net Pacific Financial Holdings warns of higher net loss in Q4 2024

The depreciation of AUD against HKD contributed to the loss.

Singapore IPOs raise $45.9m in first 10.5 months of 2024

The listings are in the Consumer, Industrial Products, and Life Sciences & Health Care industries.

Nibertex to scale production after pre-Series A funding round

This will allow Nibertex to meet the growing demand in the textiles market.

SEEDS appoints 20 new partners to drive $300m deep tech investments

It will set aside $150m over the next three years to drive another $300m through its private sector partners.

CapitaLand China Trust net property income dips 5.8% in 2024

This is despite the 13.7% growth from three malls that were refreshed.

CapitaLand Ascott Trust CEO acquires 500,000 more shares

Her stake in the company increased to 0.018%.

Equity and tech funding surge 528% YoY in January

On a monthly basis, the funding trend rose 253.3%.