Markets & Investing
Ho Bee Land posts $9.5m net profit, reversing last year's loss
Ho Bee Land posts $9.5m net profit, reversing last year's loss
The company credited its return to profitability to a revenue increase.
Lower costs boost CICT's NPI by 5.4% YoY to $582.4m in H1
Higher NPI boosted the trust's distributable income by 3.7% YoY.
CCCS greenlights Esteel’s partial stake acquisition in HG Metal
The competition watchdog sought public feedback from 13 June until 26 June.
Aevice Health bags US$7m in seed round led by Coronet Ventures
The company will use the funds to advance its operations in key markets.
APAC Realty's profit drops 19% YoY on lower new home sales
New home sales usually result in higher margins for the company.
Sasseur REIT income and DPU fall amidst rental income dip
DPU for the period dipped 5.1% YoY.
Cohen & Steers boosts stake in Digital Core REIT
It acquired 3.6 million shares.
Frasers Property's unrecognised revenue reaches $1.9b for 9M 2024
Its 9M unrecognised revenue is already close to FY2023 levels.
SGX sees 4.7% net profit growth with strong equity activity
Net profit for the period was $597.9m.
Investors favour smaller, early-stage fintech deals over large-scale
In H1 2024, Singapore saw 52 early-stage deals.
Adapting to the shifting paradigm of the fund ecosystem
In the current market environment marked by geopolitical tensions, slower economic growth, labour issues, inflation, fears of recession and higher...
Wing Tai Holdings warns of net loss in FY24
The group assured that its financial position is healthy.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Temasek names new senior leaders, including MTI's Gabriel Lim
Gabriel Lim will join Temasek starting 1 October.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
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