News
Prime US REIT divests One Town Center to Miles Capital for US$82m
Prime US REIT divests One Town Center to Miles Capital for US$82m
It sold the property below its valuation.
MSCI Global Standard Indexes drop five Singapore constituents
Only 16 SGX-listed stocks will remain in the MSCI Singapore section.
CapitaLand India Trust taps Gauri Nagabhushanam as CEO designate
He began his stint as CEO designate on 16 May.
SIA Group's passenger volume rises 17.8% YoY to 3.2 million in April
Despite the increase, the passenger load factor dipped to 87.2%.
Singapore Airlines' net profit soars 24% YoY to $2.7b in FY23/24
Record passenger revenue and load factors drove the increase.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Strata retail units at PLUS on market for $3.8m-$7.75m each
Foreigners can buy the units with no ABSD or SSD imposed.
SATS names ex-Cisco executive as chairman-designate
Outgoing chair Euleen Goh will be appointed as advisor to the chairman.
ST Telemedia GDC forms JV with VNG to develop data centres in Vietnam
The JV will facilitate the construction of a new data centre in Ho Chi Minh.
Seatrium bags FPSO integration contract from SBM Offshore
The company will commence work for the FPSO vessel in 3Q24.
Mooreast targets Taiwan's floating wind market with a new subsidiary
The company will fund the subsidiary internally.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
Deepfake fears grip 8 in 10 consumers
Only 7% of Singaporeans, however, have encountered deepfake.
Daily Markets Briefing: STI down 0.71%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock despite a 11.67% decrease.
Developers still risk averse in bidding for Holland Drive site: experts
Holland Drive had three bids, compared to 15 offers received by neighbouring plot in 2018.
Consumer, tech firms dominate RHB’s top 20 small-cap companies: report
Taking the top spot was the sole telecom firm in the list.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.