The Business Times

Isabelle Chong

emailisabellecxx@sph.com.sg
Founded in 2007 by Joyce Lee, a former competitive swimmer, Fitness Champs is now one of the largest swim schools in Singapore, which has over 100 annual contracts with the Ministry of Education (MOE) and over 2,000 private students.

Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO

Founder Joyce Lee cites global expansion plans for favouring a US listing

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 1, 2025. REUTERS/Jeenah Moon

Not just DBS or Nvidia: these are the top most-traded stocks in Singapore

The increased uncertainty has led to investors shifting to safe haven assets such as gold ETFs, and to bitcoin ETFs as cryptocurrency...

While independence in IFAs might be framed as freedom – over schedules, product selection and business strategy – other industry players say that might not be true in practice.

Independent financial advisers gain ground as demand for holistic service grows

IFAs account for 40.7% of the industry’s new business growth in 2024, outpacing tied agents, at 33.3%

As delistings outpace initial public offerings (IPOs) in Singapore, rival Hong Kong races to claim top spot as the world's leading IPO fundraising venue.

Interactive: A tale of two stock markets: SGX and HKEX in charts 

The fate of Singapore’s equities scene hangs in the balance, even amid new listing prospects, an equities market review and heightened interest...

Singapore Airlines has a 25.1 per cent stake in Air India, after a merger happened in November 2024

Stocks to watch: SIA, Boustead, Ban Leong

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 13).

CapitaLand China Trust is proposing to unlock value through a divestment of CapitaMall Yuhuating (above).

CapitaLand China Trust to divest retail property for 748 million yuan

It will be using part of the proceeds to participate in listing of CapitaLand Commercial C-Reit on Shanghai Stock Exchange

Capitaland China Trust is proposing unlock value through a divestment of CapitaMall Yuhuating, for no less than the minimum floor price of 748 million yuan (S$134.9 million).

Stocks to watch: CapitaLand Investment, TalkMed, Aspen

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12).

Centurion says details of the IPO are still being finalised. The Reit it is aiming to establish will comprise some of the group’s worker and student accommodation assets.
HOT STOCK

Centurion shares hit all-time high on submission to list Reit on SGX

This is the highest price they have risen to since they started trading in 1995

Priory Court in Dover. The acquisition of three government-leased assets will enhance tenant diversification and strengthen the stability of Elite UK Reit's portfolio, said Joshua Liaw, chief executive of the Reit's manager

Elite UK Reit to acquire three UK government-leased assets for £9.2 million

To partly fund the acquisition, the Reit has launched a private placement to raise £4 million

DBS has raised its target price for DFI Retail Group from US$3 to US$3.60, and maintained its "buy" rating, citing a stronger and more focused business strategy
BROKERS’ TAKE

DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings

The bank maintains a ‘buy’ call on the retail group

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