Markets & Investing
Dasin Retail Trust Management issues demand letter to minority directors over breach of duties
Dasin Retail Trust Management issues demand letter to minority directors over breach of duties
They must compensate DRTM for blocking an investment deal by a Chinese state-owned entity, amongst others.
ASL Marine net profit up 5% to $3.8m in FY2024
Earnings per share is 0.58 cents in FY2024.
Aspen Group net profit stands at $11.5m in FY2024
However, their revenue decreased by 9% YoY.
SEEDS Capital seeks partners for co-investment in Singapore deep tech
It will set aside $150m to promote the co-investments.
EDB to inject $32m to expand venture programme for startup collaboration
The programme boosts partnerships between Singapore-based companies and startups.
SMI Vantage faces delisting by SGX-ST
The company’s securities will be suspended on 2 September.
SMI Vantage Limited has announced that the Singapore Exchange Securities Trading Limited...
SBF, UOB, Rajah & Tann, and RSM partner to support local firms' ASEAN growth
The partners will collaborate on three areas.
SeaTown closes private credit fund with US$1.3b
The fund was launched at the end of 2022.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
Over half of S’pore companies not reporting Scope 3 emissions
This is expected to improve as exchanges make reporting mandatory.
CLCT manager names Gerry Chan as deputy CEO
This is effective 1 September.
Oxley Holdings expects net loss in FY 2024
Blame it on lower sales from property developments.
Singapore M&A deal activity drops 23.7%
Deal activity in Asia Pacific declined 9.9% overall.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Food Empire secures US$40m investment from Ikhlas Capital
In exchange, Food Empire will issue 5-year redeemable exchangeable notes.
ESR Group plunges into US$57.9m loss in H1
The group attributed the loss to non-cash adjustments.
DBS prices Temasek's dual-tranche offshore CNY bonds
The bonds were priced at fixed rates of 2.75% and 3.10% per annum.
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