MONDAY MULTIPLE

Are dividends good?

IN an age dominated by the "D" word, such as digitalisation and disruption, brick-and-mortar businesses seem almost quaint. Yet these businesses tend to have cash flows, and investing in them can be magical with another "D" - dividends...

Singapore industrial output up 12.6% in Feb

SINGAPORE'S manufacturing output rose 12.6 per cent in February compared to a year ago, driven by continued growth in the semiconductor and precision engineering space...

China-Singapore project making progress

BILATERAL project Sino-Singapore Guangzhou Knowledge City said it has broken ground for a neighbourhood centre development and launched a platform for businesses and start-ups.

StarHub announces senior management changes

TELCO and pay-TV provider StarHub said on Friday morning that it is making changes to its senior leadership team.

Singapore shares open 0.1% up on Friday

SINGAPORE stocks opened 0.1 per cent higher on Friday, with the Straits Times Index moving up 1.63 points to 3,128.56 as at 9am.

Singapore shares open 0.1% up on Thursday

SINGAPORE stocks opened 0.1 per cent higher on Thursday, with the Straits Times Index moving up 2.19 points to 3,120.38 as at 9.01 am.

TIH flags potential change of control (Amended)

ANOTHER restructuring might be on the cards for TIH Limited, a mainboard-listed firm holding listed and unlisted assets divested from state investor Temasek Holdings.

Asia business sentiment at two-year high: Reuters/Insead survey

IN findings that track those of its peers, a Thomson Reuters and Insead survey showed that business sentiment among Asia companies was at a two-year high.

Singapore shares open 1% down on Wednesday after US fall

SINGAPORE stocks opened one per cent lower on Wednesday, with the Straits Times Index dropping 30.31 points to 3,128.26 as at 9am.

TIH discloses possible change of control, but says price will be lower (Amended)

ANOTHER restructuring might be on the way for listed private equity fund TIH Limited, which said on Wednesday morning that there are discussions that might lead to a change of control at the company.
HOCK LOCK SIEW

Winners and losers from Kimly's IPO

WHO knew a kopitiam would be hotter than a chilli crab? Coffeeshop operator Kimly Limited opened trading on Monday at S$0.55, some 120 per cent above its initial public offering (IPO) price of S$0.25, and eventually closed at S$0.44, 76 per cent above it.

Natural Cool appoints directors to new roles

NATURAL Cool Holdings, the air-conditioning firm that installed a new board in February after a shareholder revolt, said it has appointed two directors to take on the roles of adviser and chief corporate officer respectively. Their existing roles will remain unchanged.

Rickmers has until April 15 to give bankers a plan

HSH Nordbank, the largest senior lender to Rickmers Maritime Trust, has given the trust until April 15 to present a plan to restructure its debt.

Close to half of Singapore employers plan salary increases of 3 to 6%: Hays

SOME 46 per cent of Singapore employers are planning salary increases of 3 to 6 per cent during the next pay review, said recruiter Hays on Tuesday. This proportion is similar to employers in Hong Kong and Malaysia. Meanwhile, 34 per cent of Singapore employers will look to give up to 3 per cent.

Singapore shares open 0.2% up on Tuesday

SINGAPORE stocks opened 0.2 per cent higher on Tuesday, with the Straits Times Index rising 4.78 points to 3,170.48 as at 9am.

Natural Cool appoints adviser, chief corporate officer

NATURAL Cool Holdings, the air-conditioning firm that installed a new board recently after a shareholder revolt, said it has appointed two existing directors to take on the roles of adviser and chief corporate officer respectively, in addition to their existing roles.

Limited upside for M1, analysts say, amid talk of possible sale

AMID takeover speculation for telco M1, analysts continued to debate how much of a premium a potential buyer would pay. Valuations ranged widely from S$1.58 to S$2.74.

Kimly closes first day of trading at S$0.44

AFTER receiving strong demand for its initial public offering (IPO), coffeeshop master leaseholder and food outlet operator Kimly enjoyed a 120 per cent pop from its IPO price when it began trading on Monday.

Valuetronics plans 1-for-10 bonus share issue

RIDING high on a surge in its stock price this year, electronics manufacturing services provider Valuetronics said on Monday morning that it will issue a bonus share for every 10 existing shares.

Hot stock: Nam Cheong down 22% after auditor comments

OFFSHORE support vessel shipbuilder Nam Cheong plunged on Monday morning after auditors last Friday night highlighted a material uncertainty about the company being a going concern.

Kimly enjoys 120% IPO pop

COFFEESHOP master leaseholder and food outlet operator Kimly opened trading at S$0.55, 120 per cent above its initial public offering price of S$0.25.

Singapore shares open 0.2% down on Monday

SINGAPORE stocks opened 0.2 per cent lower on Monday, with the Straits Times Index retreating 5.41 points to 3,163.97 as at 9:.3am.

Valuetronics plans bonus issue of one share for every 10

ELECTRONICS manufacturing services provider Valuetronics said on Monday morning that it will issue a bonus share for every 10 existing shares.

CNMC Goldmine acquires Kelantan rights

GOLD miner CNMC Goldmine said on Monday morning that it will pay RM2.5 million (S$0.79 million) to acquire KelGold, a Kelantan company with rights to explore gold, iron ore and other minerals.

AA Reit to issue S$50m 3.6% 5-year bonds

AIMS AMP Capital Industrial Reit, or AA Reit, said on Friday morning that it has strengthened its debt profile with a S$50 million issue of 3.6 per cent fixed rate notes due March 22, 2022.