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.

Raffles Education sold its Merchant Road property earlier this month to book a S$53 million gain.
HOT STOCK

Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher

Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure

SOILBUILD Construction Group said after trading closed on Wednesday that it had been awarded a construction contract by the Housing & Development Board (HDB) to build Bedok Food City, a ramp-up five-storey food complex at Bedok North Avenue 4.

Soilbuild Construction proposes four-for-one stock split after 313% year-to-date rise

The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares

The S$338.1 million price tag represents a 2 per cent premium to the independent valuation of the properties as at Nov 30.

ESR-Reit sells 8 Singapore assets to Brookfield for S$338 million; sale would trim distribution

The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay

The latest contract has lifted Seatrium’s value of new contract wins in the 2025 financial year past S$4 billion.
BROKERS’ TAKE

Seatrium back on track with estimated S$2 billion TenneT order: analysts

The latest contract lifts the total value of its new wins in FY2025 past S$4 billion

The Ringgit has been Asia's best-performing currency this year.

Ringgit hits three-year high against Singdollar, four-year high versus greenback

It is Asia’s best-performing currency this year as Malaysia’s robust macro fundamentals drive optimism for unit

The counter soared as high as US$7.31 as at 9.31 am on Friday.
HOT STOCK

Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund

The new fund will be the biggest private real estate fund in Singapore

FILE PHOTO: A signage of Sembcorp Industries is pictured outside their office in Singapore May 14, 2025. REUTERS/Edgar Su/File Photo
BROKERS’ TAKE

Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?

Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station

Leong Guan Holdings' market capitalisation is about S$23 million after the listing.

Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut

The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million

Manulife US Reit has a portfolio of 12 freehold office properties in the US including Centerpointe a 2-tower, office building in Fairfax County, Virginia.

Can Manulife US Reit recover? Unitholders seek answers ahead of EGM

The real estate investment trust’s manager answers pointed questions from unitholders

IMDA deemed the incident as “significant” and said its potential impact on the safety and security of the public “could have been very serious”.

Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users

The incident on Oct 8 last year affected more than 500,000 users for more than four hours