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.
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28):
S-Reits set for first DPU recovery in four years: Julius Baer
Singapore’s retail and office sectors are well placed to benefit this year, the analyst says
Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities
Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27):
Keppel Infrastructure Trust secures S$100 million loan facility
It also obtains a 50 million euro bank facility
UOB soars 5% as OCBC jumps 3.4%; record highs drive STI to all-time peak
This comes as analysts raise their target prices for both lenders
Tariff risks vs AI boom: S-E Asia’s semiconductor stocks diverge but upside ahead
Investors mull over a mix of factors, but analysts cite target prices that are mostly higher
STI, Asian markets rebound after Trump backs off on Greenland tariffs
The Straits Times Index climbs about 0.4% throughout the day
Customer experience platform Toku closes 14% above IPO price on Catalist debut
The company offers AI-based cloud communications services to businesses
US approves Singapore’s US$2.3 billion purchase of naval aircraft, torpedoes
The city-state is buying four Boeing P-8A maritime patrol aircraft, eight MK 54 torpedoes and related military hardware