News
Daily Markets Briefing: STI down 0.38%; Top stock is Thai Beverage
Daily Markets Briefing: STI down 0.38%; Top stock is Thai Beverage
Thai Beverage is the top stock with a 1.08% increase
Finance and tax firms overhaul supply chains, pivot to AI amidst disruptions
Singapore businesses ready for geopolitical conflict, use AI to focus on high-value activities.
RHB keeps rubber products underweight despite high glove demand
Oversupply and pricing pressure outweighed utilisation gains.
Mandarin Oriental delists from SGX after Jardine buyout
The move follows as the Jardine Matheson subsidiary settles the final 11.96% stake.
Investors urged to go defensive on AI risks and US dollar weakness
CIMB warns AI valuations could trigger downside risk.
Only 47% of SMEs see growth as domestic wage bills surge
Domestic sector wage bills rose 10% in Q4 2025, as 36% of SMEs cite stiff competition.
OCBC sets up securities financing unit to mobilise idle assets
Customers have the chance to earn fee income from lending out their idle securities.
GRP Limited spends $12.96m of rights issue proceeds for new business, working capital
This was out of the total $13.195m of the net proceeds.
Rex Tan named Huttons' Chief Agency Officer amidst AI push
The company targets 2,650 agents in digital overhaul.
MoneyMax retail surge drives $29.6m net profit in H1 FY2025
Retail and trading accounted 54% of earnings for the first half of the fiscal year.
UMS CEO granted 24.9 million more shares but stakes unchanged at 14.04%
Bonus issue grants one new share per four held.
Singapore trails as $45t managers pivot to China and Japan
Only 11% of respondents chose Singapore as a top performer compared to 21% for China and Japan.
Megachem CEO's stakes inch up after additional 9,700 share acquisition
Two on-market trades lift holding to 36.572%
Intraco raises $20.23m in digital securities series amidst heavy insider buying
It also raised $6.546m in a USD token programme.
CAREIT deploys $1.92b proceeds for portfolio acquisition
$1.79b was applied to assets as loan drawdowns reach $404.8m
ASTI ends 42-month trading freeze after SGX approval
The company warns investors to review disclosures as trading resumes 22 January.
Oxley axes Malaysia JV as Posh Properties enters liquidation
The liquidation will not affect the company’s earnings per share.
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