Stocks to watch: Seatrium, iFast, Raffles Medical, Aims Apac Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 27):

Seatrium : The offshore and marine group on Friday said it expects to record “a material year-on-year improvement” in net profit for its first half of the year, on the back of divestment gains and progressive margin improvements. Its profit for H2 2025 was at S$179.3 million, up 48.3 per cent year on year. The company releases its H1 FY2026 results on Jul 31. The counter ended S$0.03 or 1.4 per cent higher at S$2.13 on Friday, prior to the profit guidance.

iFast : The digital bank and wealth management platform on Friday posted its second quarter net profit of S$29.8 million, reflecting a 35 per cent increase from S$22.1 million in the same year-ago period. Revenue for the period was up 37.8 per cent on the year at S$142.4 million, from S$103.3 million. Earnings per share stood at S$0.098 for Q2, up from S$0.0731 in the same period a year prior. iFast shares ended 3.1 per cent or S$0.30 down at S$9.28 on Friday, before the results were released.

Raffles Medical : The healthcare group on Monday reported a net profit of S$29 million for its first half ended Jun 30, down 9.6 per cent from S$32.1 million in the same period a year before. Its overall revenue declined 6.7 per cent year on year to S$353.2 million from S$378.4 million. No interim dividend was declared by the mainboard-listed group. Shares of Raffles Medical declined 0.5 per cent to close S$0.005 down at S$0.95 on Friday before the news.

Aims Apac Real Estate Investment Trust (Reit) : The manager of the trust on Friday said its CEO Russell Ng will step down from his position on Sep 30, after nearly five years in the position to pursue other professional interests. Lim Joo Lee, currently the Reit’s CFO, has been appointed as CEO-designate. She will succeed Ng as the CEO of the manager on Oct 1, subject to the relevant regulatory approval. Units of Aims Apac Reit closed 0.6 per cent or S$0.01 down at S$1.64 on Friday before the news.