metro holdings

Metro names Erwin Wuysang-Oei as retail arm’s new CEO

He is currently the chief operating officer of the division

Metro's chief operating officer Erwin Wuysang-Oei says there is a need to reinvent and reimagine retail amid industry headwinds.

Metro partners Shinsegae International, debuts six South Korean brands in Singapore

The line-up, including fashion retailer Studio Tomboy and make-up brand Vidivici, will be carried at Metro Paragon till Oct 31

Metro Holdings says there is no certainty that a transaction would materialise in respect of the group's interests from these discussions.

Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments

The group holds 26% of the units in the Boustead Industrial Fund through its indirect wholly owned subsidiary Metrobilt Construction

Shares of Metro rose as much as 11% on Tuesday, reaching their highest levels since September 2023 at S$0.555. They later closed at S$0.53, still up by 6%.
HOT STOCK

Metro soars 6% on news of strategy revamp

The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts

In FY2025, Metro's retail arm reported a loss after tax of S$6.9 million, compared with a profit of S$1.8 million the previous year.

‘Building the next sunrise’: Metro pivots to global tie-ups, immersive concept stores to woo shoppers

Group does not plan to exit troubled industry, hopes to stabilise loss-making retail operations in one to two years

Yip Hoong Mun, Metro Holdings chief executive officer and executive director, says the latest acquisition expands the group's presence in Australia and deepens its partnership with Sim Lian.

Metro acquires freehold Sydney prime office property for A$196.4 million

It was purchased with joint venture partner Sim Lian Group of Companies

Earnings per share stood at S$0.008 for the half year, down from S$0.01 in the corresponding year-ago period.

Metro H2 profit drops 23% to S$6.4 million

Full-year net profit is down 42.1% amid market headwinds

Metro's group chief executive Yip Hoong Mun says the company opts to focus on niche investments, primarily in yield-generating commercial assets.
TOPLINE

Metro stretches its balance sheet with bite-sized commercial property deals

MAINBOARD-LISTED Metro was once accused by a shareholder of holding too much cash. No one could say the same today.

This latest investment brings Metro’s stake in Top Spring from 16.17 per cent to 22.17 per cent.

Metro buys another 6% stake in China property developer Top Spring International

DEPARTMENT store operator Metro has acquired an additional 6 per cent equity stake in China property developer Top Spring International for HK$93.2 million (S$15.9 million).