Markets & Investing
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.
Which REITs will benefit most from rate cuts?
Experts expect two 25bps cuts in 2024.
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