INNOVATING TO STAY AHEAD

Knock on wood for success

WHEN Jason Chang started his venture into the wood business, all he had was a table and a typewriter - and "no money"...

JTC awards tenders for Tuas industrial sites to Soilbuild Group, Bonco Enterprise

JTC has awarded separate tenders for two industrial sites in Tuas to tenderers Bonco Enterprise and Soilbuild Group Holdings.

Fewer women in good-paying jobs, not unequal wages, behind gender pay gap: Korn Ferry

THE GENDER pay gap may have less to do with discriminatory wages and more with fewer women than men holding higher-paying jobs, consulting firm Korn Ferry said in a global study.

Plastoform still in the red for Q1, could see entry into SGX watch list

PLASTOFORM Holdings on Thursday posted a first-quarter loss of HK$11.2 million (S$1.9 million), and could be on the Singapore Exchange's watch list for breaching profitability requirements after recording its third straight year of losses...
IPOS

Qualitas Medical delays SGX IPO, cites non-optimal pricing and market volatility

QUALITAS Medical is delaying its initial public offering (IPO) on the Singapore Exchange's (SGX) main board because of pricing and market volatility, the regional clinic operator said...
HOT STOCKS

Volatile ride for Venture as analysts reduce price targets

VENTURE Corp fell as much as 12.1 per cent in early morning trading on Thursday, after its earnings out the night before missed street estimates. The counter recovered most of the ground, closing 35 Singapore cents, or 1.6 per cent, lower at S$22.22.

Sias urges Vard minority shareholders to show up at EGM and vote on proposed delisting

THE SECURITIES Investors Association (Singapore) on Thursday urged minority shareholders of Vard Holdings to turn up at the company's upcoming general meeting, saying that those who want to block a delisting resolution can still do so if enough of them vote against it...

Hot stock: Venture slips 10% after posting 72% jump in Q1 earnings

SHARES of Venture Corporation fell 10.2 per cent to S$20.27 on Thursday, following the release of its first quarter results.

Citic Envirotech Q1 profit more than doubles to S$39.3m

THE first-quarter earnings of Citic Envirotech have more than doubled to S$39.3 million, on stronger sales from its engineering business and membrane system segments.

Qualitas Medical delays IPO on SGX, cites non-optimal pricing & market volatility

QUALITAS Medical is delaying its initial public offering (IPO) on the Singapore Exchange's mainboard because of pricing and market volatility, the regional clinic operator said...

Mapletree Greater China Commercial Trust places S$330m of units at S$1.06 apiece

MAPLETREE Greater China Commercial Trust (MGCCT) has raised S$330.3 million from a placement of 312 million units at S$1.06 apiece, near the middle of price talk.

FCT posts Q2 DPU of S$0.031, up 2%

FRASERS Centrepoint Trust (FCT) on Wednesday posted a higher distribution per unit (DPU) of 3.10 Singapore cents for the second quarter, from 3.04 Singapore cents in the year-ago period, on higher revenue and property income.

AA Reit Q4 DPU falls to S$0.0263

AIMS AMP Capital Industrial Reit (AA Reit) on Wednesday reported a lower distribution per unit (DPU) of 2.63 Singapore cents for the fourth quarter, from 2.78 Singapore cents a year ago.

LTC Corp buyout offer closing date extended to May 11

THE closing date for the offer to buy out LTC Corporation's shareholders has been extended again to May 11 at 5.30 pm...

Sapphire partners Haitong Singapore to explore regional finance and investment opportunities

MAINBOARD-LISTED Sapphire Corporation has joined forces with Haitong International Securities Group (Singapore) to explore capital markets opportunities in the region.

Global investor confidence up in April, led by Europe: State Street index

GLOBAL investor confidence rose in April, with the biggest jump coming from Europe, according to the latest data from State Street Global Exchange.

Frasers Centrepoint Trust Q2 DPU up 2% on higher revenue

FRASERS Centrepoint Trust (FCT) on Wednesday posted a higher distribution per unit (DPU) of 3.10 Singapore cents for the second quarter, from 3.04 Singapore cents in the year-ago period, on higher revenue and property income.

AA Reit Q4 DPU falls 5.4% to 2.63 S cents

AIMS AMP Capital Industrial Reit (AA Reit) on Wednesday reported a lower distribution per unit (DPU) of 2.63 Singapore cents for the fourth quarter, from 2.78 Singapore cents a year ago.

AEM Holdings' Q1 earnings double on higher margins, better sales

AEM Holdings reported a 98.6 per cent increase in its first-quarter earnings to S$8.2 million from the year-ago period, as higher sales and stronger profit margins helped to lift the bottom line.

Cromwell European Reit buying freehold office building in Italy

CROMWELL European Real Estate Investment Trust (Reit) is acquiring a freehold office building at Via Jervis 13, Ivrea, Italy, for 16.9 million euros (S$27.3 million).

CapitaLand Commercial Trust Q1 DPU down 11.7%

CAPITALAND Commercial Trust (CCT) posted a lower distribution per unit (DPU) of 2.12 Singapore cents for the first quarter from 2.40 Singapore cents the year before.

Hwa Hong units complete acquistion, disposal of London properties

A WHOLLY owned subsidiary of Hwa Hong Corporation has on Monday acquired the remaining 30 per cent interest in a freehold commercial property in London.

DBS names South Korea AI firm's founder Bonghan Cho to board

DBS Group has appointed the chief executive officer (CEO) of a South Korea-based company to its board of directors.

Cromwell European Reit buying freehold office building in Italy for 16.9m euros

thCROMWELL European Real Estate Investment Trust (Reit) is acquiring a freehold office building in Italy for 16.9 million euros (S$27.4 million).

Atlantic Navigation sinks further into the red with US$13.2m full-year loss

ATLANTIC Navigation Holdings posted a deeper full-year loss of US$13.2 million on Monday night, from US$11.4 million a year ago, due to higher finance costs and marketing and distribution expenses, and a lower gross profit.