News

Wing Tai Holdings warns of net loss in FY24

The group assured that its financial position is healthy.

DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents

Net profit rose 4% in Q2 as loans and deposits grew.

NeraTel's net profit is $1.4m in H1

It secured orders across three business sectors.

Venture Corporation revenue up 7.6% to $717.5m in H1 2024

A dividend payment of $0.50 has been declared.

Olam Holdings Pte Ltd secures $1.9b loan facility

Proceeds from the loan will be used to refinance existing debts. 

FOMO from limited supply drive HDB resales to 13-year high

Pent-up demand from June and ghost month fears may have also driven sales.

MAS taps EY to screen family office tax incentive applications

EY will check family offices for links to money laundering, terrorism financing, and other offences.

Industrial leasing volume down 5.3% YoY in Q2

Rents increased 0.6% QoQ to $3.96 per sq ft.

Soon Liang Holdings Ltd. anticipates rebound in H1 2024

The company reported a net loss of $2.6m in H1 2023.

G.H.Y Culture & Media Holding's H1 2024 revenue dwindles

Its concert business segment bagged $19.7m in revenues.

Dyna-Mac revenue grows by 42.5%

The company reported a revenue growth of $77.4m in H1 2024.

Oiltek’s net profit soars to 50% for H1 2024

As of 30 June the group's financial position is with zero debt.

Anti-money laundering bill to tighten customer due diligence checks in casinos

The bill seeks to lower the threshold for suspicious transactions to S$4,000.

Soon Liang Holdings Ltd. anticipates rebound in H1 24

The company reported a net loss of $2.6m H1 2023.

Singapore to set casino entry levies at $150 daily and $3,000 annually

The bill also seeks to simplify regulations for casino contracts.

CSE Global’s H1 net profit surges 36.4% to $15.0m

The growth was driven by broad-based growth across all business segments and geographical regions.