Markets & Investing
OUE Limited expects net loss for FY 2024 amidst slowdown in China property market
OUE Limited expects net loss for FY 2024 amidst slowdown in China property market
This comes after a net profit of $81.1m in 2023.
S’pore firms prioritise sustainability and employee welfare amidst rising costs: UOB
Besides rising costs, limited awareness and resources hinder firm progress.
Hanwha Group’s Pinetree Securities joins Alta Exchange as member
Pinetree Securities will have access to Alta Exchanges' portfolio of assets.
Noel Gifts Intl narrows loss in H1 2025
The company attributed its loss to a decrease in revenue.
NSL recovers loss with $21.3m net profit for FY 2024
Revenue for the year went up 2%.
Almost 40% of S’pore investment professionals expect private capital market to improve
Meanwhile, 10% expect the market to worsen.
Hotel directors say takeover bid ‘too low and inadequate’
The offer price is $2.25 per share.
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.
NetLink NBN Trust’s 9M 2025 profit drops 12.9% YoY
Profit for the period was $74.1m.
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.
Commentary
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