Markets & Investing

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.

Frasers Property's unrecognised revenue reaches $1.9b for 9M 2024

Its 9M unrecognised revenue is already close to FY2023 levels.

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.

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.

Capitaland Ascott Trust secures $165m OCBC 1.5°C loan 

It is the first lodging trust to secure such a facility.

Temasek names new senior leaders, including MTI's Gabriel Lim

Gabriel Lim will join Temasek starting 1 October.

Lendlease Global REIT boosts NPI by 7.4% with strong mall performance

The REIT also credited NPI growth to supplementary rent from Sky Complex.