News
China Shenshan Orchard names Ngo Yit Sung as independent director
The announcement follows the resignation of Zhang Lei.
Leung Yiu Chown steps down as CTO of Karin Technology
Chown will take up the position of executive consultant.
Goi Seng Hui buys additional 126,000 shares from GSH Corporation
This brings his total interest in the company to 63.65%.
Retail unit in 6/F Lucky Plaza on sale via private treaty
The property has an indicative price of $32m.
Nio and investors to invest $2.43b in NIO China
Nio may invest an additional $3.6b in NIO China by the end of 2025.
GP Industries issues US$11m perpetual bonds with 9.5% annual distribution
The company will use the net proceeds for general corporate and working capital purposes.
CLAS boosts Singapore portfolio with $263m lyf Funan acquisition
The acquisition is yield-accretive.
SRS and SAS launch programme to upskill remisiers in digital strategies
The programme aims to enhance remisiers' ability to engage with clients.
Daily Markets Briefing: STI up 0.4%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 2.89% increase.
COTD: Singaporeans plan to eat more fish, cut red meat consumption: report
Singaporeans plan to eat less lamb, goat, mutton, and beef.
Flexibility gaps drive hybrid work dissatisfaction in Singapore
Generational differences, office space issues, and work-life balance are key factors.
HSBC expands Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
PUB to expand Tuas NEWater Factory capacity to 75 million gallons daily
It will launch a construction tender for the TNF expansion later this year.
Sheng Siong unit to acquire Jelita Property for $50.2m
It will fund the acquisition through internally generated funds.
Keppel secures contract to deliver cooling systems for Tengah BTO projects
The cooling systems will serve 3,500 households.
Manulife US REIT to clear 2025 loans with US$117m property divestment
It has US$130.7m in loans due by 2025.