SIA Engineering and Stratasys sign JV agreement to establish additive manufacturing service centre for commercial aviation

SIA Engineering (SIAEC) and applied additive solutions provider Stratasys have signed a joint venture agreement to establish an additive manufacturing service centre to provide 3D printed parts for use in commercial aviation.

ST Engineering divests 5% stake in ST Aerospace Guangzhou for US$7m

SINGAPORE Technologies Engineering (ST Engineering) announced after trading hours on Thursday that it is divesting its 5 per cent stake in ST Aerospace (Guangzhou) Aviation Services Company, a joint venture with Guangdong Airport Authority, to Japan Airlines for a consideration of US$7 million.

Kingsmen Creatives' US-based subsidiary to partner with Hasbro to open NERF brand family entertainment centres in APAC

COMMUNICATION design and production group Kingsmen Creatives announced on Thursday that its US-based subsidiary Kingsmen Xperience has entered into a licencing agreement with global play and entertainment company Hasbro International to create, build and operate the NERF brand family entertainment...

Creative Technology posts Q2 net loss of US$4.2m, easing from a year ago

CREATIVE Technology posted a net loss of US$4.2 million for its second quarter ended Dec 31, easing from the US$6.5 million loss a year ago.

Parkson Retail Asia deepens loss in Q3

PARKSON Retail Asia posted a net loss of S$3.1 million for the third quarter ended Dec 31, deepening from S$2.2 million a year ago.

Unusual Ltd's profit up in Q3, buoyed by higher revenue

EVENTS production firm Unusual Ltd posted a net profit of S$2.5 million for the third quarter ended Dec 31, up from S$971,000 previously.

RE&S Holdings posts Q2 net profit of S$1.1m

JAPANESE food and beverage (F&B) group RE&S Holdings Limited posted a net profit of S$1.1 million for the second quarter ended Dec 31, down 21.3 per cent from S$1.4 million a year ago.

mm2 Asia posts Q3 net profit of S$6.4m, up 52.9% from a year ago

ENTERTAINMENT company mm2 Asia posted a net profit of S$6.4 million for the third quarter ended Dec 31, up 52.9 per cent from S$4.2 million a year ago.

Tat Hong Holdings warns of 'weak performance' in its upcoming Q3 results

MAINBOARD-LISTED crane supplier Tat Hong Holdings warned that the group is expecting to report a weak performance for its third quarter ended Dec 31, based on the preliminary review of its consolidated results.

Freehold development City Towers sold for S$401.9m

CITY Towers, a freehold development in prime District 10, has been sold for S$401.9 million to an undisclosed buyer, an announcement by real estate services firm Colliers late on Wednesday said.

OKP Holdings subsidiary to purchase Perth property for A$43.5m

OKP Holdings announced that its subsidiary Bennett WA Investment has entered into a contract for sale to purchase a property in East Perth, Western Australia for A$43.5 million (S$45.2 million).

Neo Group posts Q3 net profit of S$2.1m on absence of one-off loss

FOOD solutions provider Neo Group posted a net profit of S$2.1 million for the third quarter ended Dec 31, up from S$125,000 previously, partly attributed to the absence of a one-off loss of approximately S$5.2 million in Q3 2016/17.

Unusual Limited posts Q3 net profit of S$2.5m, up from S$971,000 previously

EVENTS production firm Unusual Limited posted a net profit of S$2.5 million for the third quarter ended Dec 31, up from S$971,000 previously.

Capital World posts Q2 net profit of RM17.4m

MALAYSIAN property developer Capital World posted a net profit of RM17.4 million (S$5.9 million) for its second quarter ended Dec 31, 2017, up 90 per cent from RM9.2 million a year ago, on the back of an increase in revenue due to higher percentage of works completed.

OUE Lippo Healthcare expects loss for Q4 and FY17

OUE Lippo Healthcare Limited announced after trading hours on Tuesday that the group is expected to report a net loss for the fourth quarter ended Dec 31, 2017 and financial year ended Dec 31, 2017, based on a preliminary assessment of the group's unaudited financial results...

Frasers Hospitality to develop new serviced residence in Ginza, Tokyo for S$250m

FRASERS Hospitality, a division of Frasers Centrepoint, announced after market hours on Tuesday that it is pumping S$250 million to develop a new serviced residence in Tokyo's Ginza district...

SIA Engineering inks MOU with tech group Safran on data analytics

SIA Engineering (SIAEC) announced on Tuesday the signing of a Memorandum of Understanding (MOU) with Safran to collaborate in the field of data analytics.

OKH Global posts net profit of S$3m for Q2, up from S$859,000 a year ago

PROPERTY developer OKH Global reported a net profit of S$3 million for its second quarter ended Dec 31, 2017, up from S$859,000 a year ago.

Capital World's Q2 net profit up 90%

MALAYSIAN property developer Capital World posted a net profit of RM17.4 million (S$5.9 million) for its second quarter ended Dec 31, 2017, up 90 per cent from RM9.2 million a year ago, on the back of an increase in revenue due to higher percentage of works completed.

Netlink NBN Trust posts profit of S$21.7m for Q3

NETLINK NBN Trust on Monday posted a profit attributable to unitholders of S$21.7 million for its third quarter ended Dec 31, up 32.5 per cent from its earlier forecast of S$16.4 million, partly due to lower operating costs and staff costs.

UOI posts net profit of S$32.9m for FY17, up 42.5% from a year ago

UNITED Overseas Insurance (UOI) on Monday posted a net profit of S$32.9 million for the full year ended Dec 31, 2017, up 42.5 per cent from S$23.1 million previously, contributed partly by net fair-value gains on financial derivatives and increase in non-underwriting income.

Keppel Logistics to pump S$17m in its omnichannel brand UrbanFox

OMNICHANNEL logistics and channel management solutions brand UrbanFox will receive up to S$17 million from parent company Keppel Logistics to power its growth efforts in e-commerce channel management, warehousing and inventory management as well as last-mile fulfilment.

Ascendas India Trust to launch private placement to raise no less than S$75m

ASCENDAS India Trust's (a-iTrust) trustee-manager announced a proposed private placement of at least 73.1 million new units in a-iTrust at an issue price of between S$1.027 and S$1.083 per new unit to raise gross proceeds of no less than S$75 million...

CSC Holdings warns of losses in upcoming Q3 results

ENGINEERING services firm CSC Holdings issued a profit warning after trading hours on Monday, announcing that it expects to report a net loss for its third quarter and nine months ended Dec 31, 2017.

Dukang Distillers issues profit warning on lower revenue, earnings for Q2

DUKANG Distillers Holdings announced after trading hours on Monday that the group expects its overall revenue and earnings to be significantly lower for its second quarter ended Dec 31, compared to a year ago.