Deon Loke

Deon Loke

JOURNALIST

Despite the valuation drag from China, the group raised S$6.5 billion in total equity in FY2025, nearly doubling the S$3.3 billion raised in FY2024.

CapitaLand Investment to speed up divestments, capital recycling in China portfolio

Market softness in China triggers higher revaluation losses in FY2025

Cumulative deliveries of Nio electric vehicles reached about 1.1 million units as at Mar 31.

Stocks to watch: ST Engineering, Nio, Yangzijiang Shipbuilding, China Everbright Water

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Apr 2):

Mark Ong (left) and Boon Chin Hau have been appointed to GIC's group executive committee, its highest management body.

GIC appoints two investment heads to group executive committee

Additionally, Bridgewater Associates’ Bob Prince will join GIC’s International Advisory Board

The Reit enters into conditional sale and purchase agreements to sell eight hospitals to Siloam International Hospitals for 5.1 trillion rupiah (S$389.2 million).

First Reit proposes S$471.5 million divestment of Indonesia assets

A special distribution of about S$9.7 million is expected to be declared after the deal

As a small city-state, Singapore is “highly dependent” on energy imports, says the Energy Market Authority.

‘Real pain’ to set in: Businesses scramble to cope as EMA warns of sharper rise in power tariffs

Utility companies SP Group and City Energy announce price hikes for Q2 2026

The government agency notes that as a small city-state, Singapore is “highly dependent” on energy imports, with about 95% of its electricity produced from imported natural gas.

Singapore likely to see sharper hikes in electricity, town gas tariffs amid Middle East war: EMA

Household and business consumers should use more energy-efficient appliances and conserve energy, says the authority

Wirecard has been mired in legal trouble since it filed for bankruptcy in 2020.

Singapore extradites former Wirecard director to Germany over links to global fraud ring

The German national is allegedly involved in a criminal organisation, money-laundering offences

Prior to the proposed transaction, the two firms acted as direct competitors in the eastern region of Singapore.

Competition watchdog seeks public feedback on SP Mobility’s proposals regarding ChargEco acquisition

SP Mobility offers commitments that include freezing charging rates at pre-acquisition levels