Hatten Land's Q2 profit down 49.4% on higher expenses

MALAYSIAN property developer, Hatten Land Limited's net profit fell 49.4 per cent to RM10.8 million (S$3.63 million) for the second quarter ended Dec 31, 2017, on the back of higher selling and distribution expenses, as well as general and administrative expenses. ...

SGX: Will seek 'viable solutions' after India pulls support for offshore Nifty futures

THE SINGAPORE Exchange (SGX) said that it will work with the National Stock Exchange of India (NSE) to develop "viable solutions for international investors" after India's three main bourses said they would stop licensing data for offshore derivatives linked to their domestic indices...

DBS gives staff limited edition jewellery to mark golden jubilee

DBS Group Holdings opened its 50th anniversary celebrations - and its wallet - on Thursday by giving employees gold-plated cufflinks and necklaces, shortly after announcing a special dividend and a higher dividend policy for shareholders.

DBS gifts staff limited edition jewellery to mark golden jubilee

DBS Group Holdings opened its 50th anniversary celebrations - and its wallet - on Thursday by giving employees gold cuff links and necklaces, shortly after announcing a special dividend and a higher dividend policy for shareholders.

Singapore shares open lower on Friday; STI drops 2%

SINGAPORE stocks opened lower on Friday, with the Straits Times Index shedding 69.85 points, or 2 per cent, to 3,346.05 as at 9.01am.

Stocks to watch: Alliance Mineral Assets, RHT Health Trust, Valuetronics, Frasers Property, Creative Technology

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

Golden Energy sells US$150m in debt due 2023 at 9% coupon

INDONESIAN coal miner, Golden Energy and Resources Limited on Friday said it has priced its US$150 million senior secured notes due Feb 14, 2023 at a coupon of 9 per cent per annum.

Ademco Security acquires stake in Vietnamese firm

SECURITY solutions provider Ademco Security Group on Thursday announced its first acquisition in Vietnam, as part of a wider aim to boost its overseas revenue by 50 per cent over the next three years.

Spring Singapore, 9 partners in S$200m bid to boost tech startups

THE investment arm of Spring Singapore - Spring Seeds Capital (SSC) - has appointed nine co-investment partners in a bid to catalyse more than S$200 million worth of investments into tech startups based in Singapore over the next eight years.

Ademco partners IE Singapore to buy Vietnam security firm, aims to grow overseas revenue

SECURITY solutions provider, Ademco Security Group, on Thursday announced its first acquisition in Vietnam, as part of a wider aim to boost its overseas revenue by 50 per cent over the next three years.

Spring Singapore arm appoints private sector partners to co-invest over S$200m in deep-tech startups

THE investment arm of Spring Singapore, Spring Seeds Capital (SSC), has appointed nine co-investment partners in a bid to catalyse more than S$200 million of investments into early stage startups over the next eight years.

Broker's Take: CIMB expects Venture to beat consensus on FY17 results, raises target price

CIMB has raised its target price on electronics provider Venture Corporation from S$24.74 to S$29.13, and maintained its "add" rating on the stock as it believes the company is on track for a strong finish to FY17...

Perennial Q4 profit up 7.9% to S$27.6m

PERENNIAL Real Estate saw its fourth-quarter net profit rising 7.9 per cent to S$27.6 million from S$25.6 million last year, largely driven by net fair value gains on the revaluation of investment properties held through its subsidiaries and joint ventures, the integrated real estate and healthcare...

Singtel Q3 profit down 8.5% to S$890m on lower contributions from units

SINGAPORE Telecommunications' (Singtel) third-quarter net profit fell 8.5 per cent mainly due to voice revenue declines, higher net finance expenses, and lower contributions from its regional associates, the telco announced on Thursday before market open...
SINGAPORE AIRSHOW 2018

APAC will need 2,050 planes in 60-150-seat segment in next 20 years

BY 2036, the Asia-Pacific region is expected to take delivery of some 2,050 aircraft in the 60 to 150-seat segment, or 16 per cent of a worldwide market for 12,550 aircraft valued at US$820 billion, Bombardier projects.

Singapore office, retail rents to see strong growth over next few years: report

SINGAPORE'S office rental growth is likely to see the strongest overall growth over the next three years, according to M&G Real Estate's latest market outlook on real estate in the Asia-Pacific region. ...

Singapore Airshow 2018: Asia-Pacific will need 2,050 planes in 60 to 150-seat segment over next 2 decades, says Bombardier

BY 2036, the Asia-Pacific region is expected to take delivery of some 2,050 aircraft in the 60 to 150-seat segment, or 16 per cent of a worldwide market for 12,550 aircraft valued at US$820 billion, Bombardier projects.

SGX's January daily average value up 28% year-on-year

THE daily average value of stocks traded on the Singapore Exchange (SGX) in January was up 28 per cent year-on-year (y-o-y) to S$1.3 billion, according to SGX's latest market statistics report. ...

Yoma's Q3 profit surges to S$16.8m after tour business spin-off

MAINBOARD-LISTED Yoma Strategic Holdings on Tuesday announced a third-quarter net profit of S$16.75 million, about 50 times more than its net profit of S$334,000 in the year-ago period.

Singapore stocks resume Tuesday afternoon trading on lower ground; STI at 3,354.4

SINGAPORE shares resumed trading on Tuesday afternoon in negative territory with the Straits Times Index at 3,354.4, down 3.7 per cent or 128.53 points on the day as at 1pm.

Broker's take: OCBC upgrades Hutchison Port Holdings Trust to 'buy'

OCBC Investment Research has upgraded its rating on Hutchison Port Holdings Trust (HPH Trust) from "hold" to "buy", raising its fair value estimate of the counter from US$0.42 to US$0.43...

New Wave to acquire Alutech Metals Asiatic for S$2.8m

ELECTRONIC component supplier, New Wave Holdings, announced on Monday after market close that it will be acquiring Alutech Metals Asiatic Pte Ltd for some S$2.8 million.

Yoma's Q3 profit surges to S$16.8m following spin-off of tourism business

MAINBOARD-listed Yoma Strategic Holdings on Tuesday announced a third quarter net profit of S$16.75 million, about 50 times more than its net profit of S$334,000 in the year-ago period.

Singapore stocks enter Friday afternoon trading on lower ground; STI at 3,543.29

SINGAPORE shares resumed trading on Friday afternoon in negative territory with the Straits Times Index at 3,543.29, down 3.94 points, or 0.1 per cent on the day as at 1.03pm.

Hot stock: Marco Polo Marine surges 12% on new equity injection

SHARES of Marco Polo Marine surged 12 per cent, or 0.7 Singapore cent to 6.6 Singapore cents apiece as at 10.11am on Friday in the wake of a S$20 million equity investment by Super Group's founding Teo family...