OCBC downgrades SATS to 'hold' on rally, potential price pressure

OCBC Investment Research has downgraded SATS to "hold" from "buy", citing the stock's recent climb and uncertainty about potential pricing pressure...

Singapore stocks begin Tuesday afternoon trading on higher ground, STI at 3,540.27

SINGAPORE shares resumed trading on Tuesday afternoon in positive territory with the Straits Times Index at 3,540.27, up 0.11 per cent or 3.86 points on the day as at 1pm.

Brokers' take: OCBC downgrades SATS to 'hold' after stock's run-up

OCBC Investment Research has downgraded SATS to "hold" from "buy", citing the stock's recent climb and uncertainty about potential pricing pressure...

Aspen steps up Selangor push with RM58.8m investment

ASPEN (Group) Holdings is pursuing its third project in Selangor, Malaysia, with a RM58.8 million (S$19.6 million) investment into a commercial site via a joint venture with Selangor Agricultural Development Corp (PKPS).

Singapore stocks begin afternoon trading on higher ground; STI at 3,533.11

SINGAPORE shares resumed trading on Monday afternoon in positive territory with the Straits Times Index at 3,533.11, up 0.36 per cent or 12.55 points on the day as at 1.02pm.

Aspen to invest RM58.8m in Selangor residential project

ASPEN Group will invest RM58.8 million (S$19.6 million) to redevelop a piece of commercial land in Selangor, Malaysia, via a joint venture with Selangor Agricultural Development Corp (PKPS).

Gold miner CNMC to seek dual listing in Hong Kong

CATALIST-listed CNMC Goldmine Holdings will seek a dual primary listing on the main board of the Stock Exchange of Hong Kong, the company announced on Monday during Singapore trading hours.

Singapore shares rise at Monday's open; STI up 0.32% to 3,531.80

SINGAPORE stocks opened stronger on Monday, with the Straits Times Index heading up 0.32 per cent or 11.24 points to 3,531.80 as at 9.01am ahead of the Martin Luther King Jr Day market holiday in the United States.

Stocks to watch: Lian Beng, 800 Super, Noble, CWG

THE following companies saw new developments that may affect trading of their shares on Monday:

CWG wins land use rights to 47,683 sq m site in Zhejiang with 1.1b yuan bid

CWG International has won a bid for the land use rights of a 47,683 square metre (sq m) residential and commercial site in the city of Hangzhou, Zhejiang, in China for 1.14 billion yuan (S$234.06 million).

Far East Hospitality Reit buys Oasia Hotel Downtown for S$210m

FAR East Hospitality Real Estate Investment Trust (Reit), which trades as part of the stapled Far East Hospitality Trust, is buying the 314-room Oasia Hotel Downtown in the Tanjong Pagar district for S$210 million in cash before fees.

Far East H-Reit to buy Oasia Hotel Downtown in Tanjong Pagar for S$210m

FAR EAST Hospitality Real Estate Investment Trust (Reit), which trades as part of the stapled Far East Hospitality Trust, is buying the 314-room Oasia Hotel Downtown in the Tanjong Pagar district for S$210 million in cash before fees.

Singapore stocks begin afternoon trading on lower ground; STI at 3,517.43

SINGAPORE shares resumed trading on Monday afternoon in negative territory with the Straits Times Index at 3,517.43, down 0.09 per cent or 3.02 points on the day as at 1.01pm.

BreadTalk prices S$100m of five-year notes to yield 4%

BREADTALK Group has priced S$100 million of five-year notes at a coupon of 4 per cent under an existing S$250 million medium-term note programme, the bakery and restaurant operator announced late Wednesday.

Singapore stocks begin afternoon session on higher ground; STI at 3,496.76

SINGAPORE shares resumed trading on Monday afternoon in positive territory with the Straits Times Index at 3,496.76, up 0.21 per cent or 7.31 points on the day as at 1pm.
HOT STOCK

Midas climbs 43% after joint venture unit clinches contracts

SHARES of Midas Holdings rose 43.2 per cent, or 4.8 Singapore cents, to close at 15.9 Singapore cents on Wednesday after the maker of aluminium train parts said that an associate company had clinched 2.68 billion yuan (S$547.9 million) of new contracts.

Midas unit clinches 2.68b yuan of contracts to supply metro train cars

A 32.5 per cent joint venture of Midas Holdings has clinched 2.68 billion Chinese yuan (S$547.9 million) of metro train car supply contracts in China.

Manulife Asset Management hires Amundi's Chan Hock Fai to lead Singapore equities

MANULIFE Asset Management has hired Amundi Asset Management's director of investment to head its equities investment team in Singapore...

Sunpower bags 41.5m yuan EPC contract in Xinjiang

SUNPOWER Group has secured a 41.5 million yuan (S$8.5 million) engineering, procurement and construction (EPC) contract for a wastewater treatment and zero-liquid-discharge facility in Xinjiang, China.

CapitaLand, Lum Chang buy Frankfurt office building for 234.3m euros in cash

A JOINT venture between CapitaLand and Lum Chang Holdings has acquired an office building in Frankfurt for 234.3 million euros (S$375.1 million) in cash.

Zico sells 80% stake in online SME platform to independent director for RM80

ZICO Holdings has sold an 80 per cent stake in its online small-and-medium enterprises platform to independent director Chew Liong Kim for RM80 (S$26).

CapitaLand, Lum Chang acquire Frankfurt office building for 234.3m euros in cash

A JOINT venture between CapitaLand and Lum Chang Holdings has acquired a Frankfurt, Germany office building for 234.3 million euros (S$375.1 million) in cash.

Singapore stocks enter afternoon session on higher ground; STI at 3,390.31

SINGAPORE shares resumed trading on Wednesday afternoon in positive territory with the Straits Times Index at 3,390.31, up 0.36 per cent or 12.15 points on the day as at 1pm.

Singapore shares begin afternoon trading in negative territory on Tuesday; STI at 3,371.39

SINGAPORE shares resumed trading on Tuesday afternoon in negative territory with the Straits Times Index at 3,371.39, down 0.42 per cent or 14.32 points, on the day as at 1.03pm.

Q&M Dental wraps up strategic review and concludes no changes needed

Q&M Dental Group (Singapore) has concluded a 10-month strategic review with no change to the status quo, the company announced on Monday.