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Singapore Wrap Monday
- SPH Reit: Q2 DPU up 0.7%. READ MORE.
- Keppel Reit: Q1 DPU falls 14% on Prudential Tower selloff, lower rent support. READ MORE.
- Keppel Infrastructure Trust: Q1 earnings up 23%. READ MORE.
Local telco M1 reported a 6.6 per cent rise in net profit to S$45.7 million for the first quarter of 2015 on Monday on a revenue of S$294.8 million, up 22.8 per cent over S$240.2 million one year ago. READ MORE.
The Straits Times Index may have risen 12.01 points to 3,484.39 on Monday, its highest closing in about seven years but you wouldn't know it speaking to dealers since the action and excitement was mostly in churning penny stocks - the lower priced, the better. READ MORE.
Peter Seah is taking over as the new National Wages Council (NWC) chairman. He succeeds Professor Lim Pin who was chairman of the NWC from 2001 to 2014. READ MORE.
There is no need to make an immediate decision regarding the demolition of the house owned by Singapore's founding prime minister, Lee Kuan Yew, said his eldest son, Prime Minister Lee Hsien Loong, in parliament on Monday. READ MORE.
Shares of real estate management services firm LHN Limited, which debuted on Catalist on Monday, lost ground from early-trading gains. READ MORE.