News
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
Contribution from Queensbay Mall lifted the REIT’s income.
ESR-LOGOS REIT’s DPU dips 5.6% to $0.014 in 1H23
The enlarged unit base from the REIT’s recent equity fundraising exercise drove the decline.
Frasers Centrepoint Trust’s retail portfolio occupancy rises to 98.7% in 3Q23
Compared to 3Q22, the REIT’s occupancy was up by 1.6 percentage points.
Passing of Quarz' resolution does not result in the internalisation of Sabana REIT's management: ESR Group
Sabana REIT will hold an EGM on Quarz' two resolutions on 7 August.
Singapore outperforms SEA peers in digitisation rankings
The Lion City has the most powerful internet infrastructure.
Number of salary disputes up in 2022: MOM
There were 1.68 salary disputes lodged per 1,000 employees.
Keppel DC Reit’s net property income increases by 3.3% in H1
Its NPI grew to $127.3m in H1 2023.]
UOI net profit up 70.2% in H1 due to favourable investment markets
United Overseas Investment Limited (UOI) posted $12.15m net profit.
Sembcorp terminates plans to sell SembWaste
No reason was stated in the bourse filing.
MLT posts DPU of 2.271 cents in Q1 FY23/24
It was 0.1% higher than the 2.268 cents recorded in Q1 FY22/23.
Daily Markets Briefing: STI up 0.64%; Keppel Corp is top stock
Keppel Corp closed with a 2.53% decrease.
Owner listings grew 26.7% in Q2
Only 57 listings were recorded in Q2 2023.
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Singtel to develop end-to-end 5G Intelligent Edge Aggregator
This will help customers gain real-time insights and support their operations.
Office unit at Suntec City Tower 1 sold for $11.5m
Suntec City end-users and family offices were sought by investors from China, Hong Kong and India.
Mortgagee listings keep dropping amidst a lack of buyer interest
There are 22 mortgagee listings in Q2 2023.
Amazon, EnterpriseSG and SBF roll out cross-border brand launchpad
The programme over 100 local MSMEs to grow in the US.