The Business Times
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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
StarHub says that it “would not want to speculate beyond the information publicly available at this stage”.

Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls

The setback is expected to weigh on Keppel, which had planned to monetise M1 through the deal

The proposed divestment of M1's telco business to Simba will be removed from Keppel's announced monetisation for 2025.
HOT STOCK

Keppel shares drop 2.1% after M1-Simba deal falls through

Shares of Simba parent Tuas Ltd are down over 60% on the ASX

Some analysts are concerned that SIA's core earnings are flattening.
BROKERS’ TAKE

SIA flying into turbulence from fuel costs, Air India losses, but dividends offer upside

Citi maintains a ‘sell’, while DBS Group Research and CGS International maintain ‘hold’

Tech stocks like AEM, CSE Global and Frencken have been beating the STI this year.
HOT STOCK

AEM closes 6.7% down after touching S$10 barrier, knocking DBS off pedestal as top value traded stock

Share of AEM and other tech stocks later reverse into losses

Marco Polo Marine says the proposed deal is part of its strategy to maximise shareholder value.

More than 162 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset

The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million

SIA's earnings for its second half more than halved year on year to S$945.5 million from S$2 billion.

Stocks to watch: SIA, Marco Polo, First Resources, NetLink, ThaiBev, CSE, Aspial, CNMC

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 15):

Aspial Lifestyle – which has the Maxi-Cash, Lee Hwa and Goldheart brands in its stable – plans to deploy the bulk of the funds towards strategic growth initiatives.

Aspial Lifestyle proposes S$84.8 million rights and placement issue to fund pawnbroking, lending businesses

Under the preferential offering, 61.7 million new shares will be offered to eligible shareholders

In his opening remarks, US President Donald Trump said the relationship between China and the US “is going to be better than ever before”.

Strait of Hormuz, prospects for US firms: 5 takeaways from Day 1 of Trump-Xi summit

Xi Jinping’s meeting with Donald Trump lasts over two hours, with Trump describing it as ‘great’

Group CEO Sudeep Nair says the company’s combined revenue from Asia has surpassed its traditional markets with diversification and brand-building efforts since 2013.
HOT STOCK

Food Empire shares close 4.9% higher on record quarterly revenue

It attributes the performance to growth across most markets and a stronger rouble

ComfortDelGro's net profit falls 16.1% to S$40.5 million in the first quarter ended Mar 31, amid challenges in the taxi and private-hire vehicle business.

Stocks to watch: KIT, CDG, AEM, Food Empire Centurion, SingPost, CNMC

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 14):

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