News
Daily Markets Briefing: STI up 0.28%; Top stock is OCBC Bank
Daily Markets Briefing: STI up 0.28%; Top stock is OCBC Bank
OCBC Bank is the top stock with a 1.43% increase.
iFAST Singapore launches China desk to meet Chinese investor needs
The new desk will be established in Singapore and Hong Kong.
XMH Holdings' profit surges by 95% to $12.6m in H1 2024
Its revenue stood at approximately $66.9m, reflecting a 5.8% decline.
Keppel DC REIT closes preferential offering with 79.4% excess applications
The REIT received 117.7 million excess applications.
Renaissance United records net loss for H1 2024
Its revenue also declined by 1.2% to $35.8m.
EQT completes acquisition of PropertyGuru
PropertyGuru will now operate as a privately held company.
Nearly half of SG employees still 'uncomfortable' to admit AI use
Despite this, 88% feel an urgency to become an AI expert.
AA REIT advances key sustainability initiatives
They have also reaffirmed their commitment to ESG targets.
UOB taps Leong Yung Chee as new CFO
The appointment will take effect on 22 April 2025.
SMF, AET ink MoU on SG’s maritime talent development
AET will sponsor four scholarships and two internships a year from 2025 to 2027.
CLI acquires Australian investment firm Wingate for $173m
The acquisition will boost CLI’s FUM in Australia by over 30%.
Johor-Singapore SEZ signing delay creates uncertainty for SMEs
Postponed signing prompts a wait-and-see approach.
Multi-user factory segment drives growth in industrial REITs
The segment is expected to see the strongest rental growth of 18%.
PeakBayou acquires 91.06% of AMOS’ issued shares
This represents an aggregate of 189 million shares from Amos.
Miyoshi Limited to sell Malaysia property for $4.27m
The group expects a gain of about $1.7m from the disposal.
SAM Holdings forms strategic review committee amidst continuing net loss
Returns from its proton beam therapy have been slower than expected.
Geopolitical risks rise as top threat to Singapore economy
The growth in China is also seen to significantly impact Singapore’s economy.
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