Tan Weizhen

BREAKING NEWS EDITOR

Money exchange, cash, forex, trade, investing, wealth, coins, cryptocurrency,

Amid low rates, UOB Asset Management launches dividend-focused ETF aiming to pay 6%

The new fund invests in ‘leading companies’ in Singapore, Indonesia, Thailand, Malaysia and the Philippines

From left: MetaOptics’ executive chairman and chief executive, Mark Thng with deputy chief executive officer (CEO) Aloysius Chua and chief financial officer Chu Wee Liat

MetaOptics shares close 16.8% higher on proposed share placement

Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders

Strong pre-sales and the redevelopment of 20 Shaw Road “extend growth visibility” for industrial developer Soon Hock Enterprise beyond 2027
BROKER’S TAKE

UOB Kay Hian initiates coverage on Soon Hock; optimistic on its S$1 billion project pipeline

UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively

From left: MetaOptics’ executive chairman and chief executive, Mark Thng with deputy chief executive officer (CEO) Aloysius Chua and chief financial officer Chu Wee Liat

MetaOptics finishes lower after a jump on proposed Nasdaq listing; up almost 300% since IPO

It started trading in Singapore in September at S$0.20 a share

Generic image of SGX

SGX board-lot cut: What are the stocks made more accessible to investors?

Blue chips like DBS, UOB, OCBC, Jardine will be more affordable

active15 - retirement, savings, CPF, elderly, eldercare, old age, money, cash, pension, ILLUSTRATION- FREEPIK

Credit line: ILLUSTRATION: FREEPIK

Majority of affluent Singaporeans fear their wealth won’t last beyond next generation: poll

About 75% also worry their heirs are not financially equipped to manage inherited assets

FILE PHOTO: People use DBS automated teller machines (ATMs) in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo
HOT STOCK

DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts

Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey

The tycoon had a passion for luxury boats and collected superyachts. His collection included the US$100 million White Rabbit, which SuperYachtFan said cost US$10 million a year to run.

How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune 

The self-made tycoon started his business empire through a 1962 partnership with Nippon Paint

StarHub says it has bought the rest of MyRepublic Broadband for S$105.2 million, a day after Keppel announced the proposed sale of M1’s telco business to Simba.

Telco wars: a timeline from a crowded market to consolidations

Much competition has been introduced in the past decade