The Business Times
Shikhar Gupta

Shikhar Gupta

JOURNALIST

Shikhar Gupta is a Breaking News Journalist at The Business Times. He previously worked at Bloomberg News, covering transport, healthcare, and consumer stories.

emailsgupta@sph.com.sg
The data centre campus spans about 4.5 hectares and will be built in phases.

Sembcorp unit’s 90MW data centre campus in Ho Chi Minh City gets green light

Proposed Tier III facility aims to meet rising demand for cloud services, AI computing in Vietnam

Keppel and Simba on Thursday announced an agreement to extend the long-stop date for their proposed M1 deal.
HOT STOCK

Keppel shares fall as much as 4.6% on M1-Simba deal delay

The counter drops as low as S$11.70 in early trading

Shareholders want Koh Brothers Eco Engineering to distribute all of its Oiltek shares to its investors.

Shareholders push Koh Brothers for in-specie distribution of Oiltek stake

Shares of Koh Brothers Eco Engineering climb as much as 8.6% with nearly seven million shares transacted

Stoneweg Europe Stapled Trust, Kingsland 21, Warrington, England. A freehold single-story logistics building with 9,764 square metres (“sqm”) of net lettable area and spanning a site area of 20,438 sqm, the Asset was originally constructed in 1980 and was recently refurbished this year ahead of the new lease. It has 86 parking spaces, dual-access loading with three dock-level and 14 floor-level loading doors and a manoeuvring area with 60 metres (“m”) yard depth.

Stocks to watch: Stoneweg Europe Stapled Trust, Lippo Malls Indonesia Retail Trust

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Mar 26):

Sert’s data centre allocation will rise from 5.2% to about 7.2% with this investment.

Sert invests 50 million euros in data centre development fund AiOnX

The investment is done via a mandatory convertible loan, carrying a 7.25% annual cash coupon

The material uncertainty warning is included in Rex International's audited financial statements for the year ended Dec 31, 2025.

Shares of oil player Rex International fall 35.4% on auditor’s going concern doubts

The group’s financial woes are heavily tied to the debt load of its subsidiary Lime Petroleum Holding

Kewalram House, a non-JTC industrial development, sits on a regular-shaped plot spanning 108,359 square feet.

Soon Hock buys industrial property Kewalram House for S$120.5 million

The purchase price for the Business 1-zoned site translates to about S$440 psf ppr

Banyan Tree Residences West Palm Beach was developed in collaboration with Mast Capital and Curated JCZM Development.

Banyan Group expands into US with Florida residential tower

The property in Palm Beach, Florida, comprises 88 private residences

SIA will fly to Sydney’s new, 24-hour airport, allowing it to bypass the 11 pm to 6 am curfew at the existing Sydney airport.

Stocks to watch: Singapore Airlines, CapitaLand Ascendas Reit, F&N

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 25):

The return flight to the new airport will leave Sydney at night and reach Singapore at dawn.

SIA to launch flights from new, 24-hour Western Sydney airport on Nov 23

The curfew-free hub will allow the carrier to bypass the existing Sydney airport’s curfews with overnight schedules

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