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Delayed asset sales, foreign-exchange losses and potential impairments weigh on outlook

AEM leads the rebound among the three counters, rising by as much as 12%

The new business lifts the group’s order book to S$728.5 million

Lender posts S$1.25 billion net profit for the quarter, while six analysts estimated S$1.38 billion

All three local lenders trade lower on Monday morning

The company says the competition in grocery retail could intensify in the coming year

The losses track an overnight slide on Wall Street

The company’s shares are down over 20% in six months

This comes amid increased uncertainty in the US operating environment and entry of competing products