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Companies & Markets

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

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

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

METRO Holdings' net profit for the third quarter ended December more than doubled, from S$29.3 million to S$63.9 million, thanks to a bump in share of associates' results.
Companies & Markets

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

Shares of Metro are up, following a BT report on Sunday about the group's plans to revamp its retail strategy.
Companies & Markets
HOT STOCK

Metro soars 6% on news of strategy revamp

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.
Property

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

The results translate to a loss per share of S$0.276, versus an earnings per share of S$0.008.
Companies & Markets

Metro sinks into the red with H2 net loss of S$228.1 million on lower revenue

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.
Companies & Markets

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

Earnings per share stands at S$0.008 for the half year, down from S$0.01 in the corresponding tear-ago period.
Companies & Markets

Metro H2 profit drops 23% to S$6.4 million

The company opts to focus on niche investments, primarily in yield-generating commercial assets, says Metro's Yip.
Companies & Markets
TOPLINE

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

The latest investment brings Metro’s stake in Top Spring from 16.17 per cent to 22.17 per cent.
Companies & Markets

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

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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