News
Industrial REITs gain traction with DBS forecasting FY25 rebound
Industrial REITs gain traction with DBS forecasting FY25 rebound
Industrial REITs have suffered a ~5% year-to-date correction, compared to the relatively flat S-REIT index.
Super Hi reverses net loss in Q1 2025
The company reported a net profit of $15.2m.
Temasek invests in major AI infrastructure consortium
It aims to develop and expand artificial intelligence infrastructure.
GLS Programme to offer 9,200 homes in H2 2025
It features 10 sites on the Confirmed List and 12 on the Reserve List.
Boustead Singapore reviews assets for possible REIT listing on SGX
There is no guarantee that any transaction will materialise.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
Mapletree Logistics Trust divests 8 Tuas View Square
The property was priced $11.18m as of January.
Singapore leads non-OIC destinations in inclusivity
International Muslim arrivals are projected to grow to 245 million by 2030.
Sembcorp bags first round-the-clock power project in India
This is part of a 1.2 GW tender for RTC power.
HomesToLife revenue leaps by 405% YoY in Q1
This was driven by a $4.4m revenue contribution from HTL Far East.
NTUC, SMMWU to support workers to be hit by Jetstar Asia closure
Over 500 employees are expected to be impacted.
IFA deems Cordlife's partial offer not fair and not reasonable
Medeze Treasury proposed to acquire 25.63 million shares in Cordlife at $0.25 each.
Most businesses are digitalised yet many miss optimal value: report
The report found that only 15% of businesses have fully integrated core systems.
Geo Energy unit divests Indonesian coal assets for $23m
Upon completion, both SBJ and BEK will no longer be part of the Geo Energy group.
Ban Leong nears delisting as Epicsoft Asia takes over
As of 12 June, Epicsoft Asia holds 100 million shares of Ban Leong.
3 in 5 firms feel ready to adopt AI: Survey
Half also said they are well-prepared to manage debt and risk.
CBRE launches sale of Katong shophouse with $15.5m guide price
The property measures 4,700 sq ft.
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Commentary
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