Deon Loke

Deon Loke

JOURNALIST

In 2025, there were 93 deals announced above US$1 billion in value globally, representing 81% of the global total.

Valuation dips for financial service M&As in S-E Asia despite more deals and global surge in ‘megadeals’: EY

The fall in deal value signals a strategic move towards smaller acquisitions and minority investments

The freehold facility was completed in August 2025 and consists of two single-storey blocks with a net lettable area of 79,378 sqm. 

Mapletree Logistics Trust to acquire Mumbai warehouse for S$53.6 million

The move expands its reach in India beyond Pune and Delhi

Tang Organization said the initiatives could “support higher distributions” in the coming years, while balancing Suntec Reit’s capital management needs and long-term sustainability.
HOT STOCK

Suntec Reit units close 4.3% higher after news of strategic review; units worth S$577 million traded

New sponsor Tang Organization is launching a review to boost portfolio performance and future distributions

CAO's outperformance in FY2025 was primarily driven by gross profit per tonne surging to US$4.7 in the second half of 2025, a 77 per cent increase year-on-year.
BROKERS’ TAKE

DBS lifts China Aviation Oil target price to S$2.50 on arbitrage opportunities

Tightening availability and fragmenting regional markets may strengthen CAO’s commercial positioning

Authorities seized 179 luxury watches with an estimated market value exceeding $1 million in connection with the case.

Over S$1 million in luxury watches seized during Iras raids for suspected GST fraud

The crackdown on alleged false refunds leads to the arrest of a 56-year-old female suspect

Trading activity across all stock segments was elevated, SGX Group said, with STI turnover rising 38 per cent year on year to S$1.42 billion.� 

SGX’s February performance hits highest securities daily average value in six years

The local bourse’s SDAV surges 45% on the year to S$2.1 billion

Mandarin Oriental owner Jardine Matheson Holdings on Tuesday reported an 11 per cent increase in underlying profit to US$1.7 billion for 2025.

Stocks to watch: Jardine Matheson, Yangzijiang Shipbuilding, Sembcorp, Mapletree Logistics Trust, Nio

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 11):

On Monday, the price of Brent crude had briefly surged to US$119.50 per barrel, and US-produced West Texas Intermediate also briefly soared to US$119.48 per barrel.

Singapore, Asia stocks rebound after oil prices fall, reversing on Trump comments on Iran war

The STI closes 2.2% higher while the FTSE Bursa Malaysia KLCI advances 1.6%

For most air carriers, fuel is the second-largest expense after labour, typically accounting for a fifth to a quarter of operating expenses. 

From Shell to Singapore Airlines: the potential winners and losers as volatile oil prices hover under US$100

Transport companies’ profit margins take a hit while developed and emerging markets in Asia-Pacific face spillovers