Corporate digest
AEM Holdings
EQUIPMENT manufacturer AEM Holdings has received sales orders worth S$280 million for delivery in fiscal year 2019 as of Sept 12. As such, the group is revising its expected revenue range to between S$285 million and S$305 million for FY2019.
Capex (capital expenditure) range remains at S$4 million to S$7 million, the mainboard-listed company said in a financial guidance released on Thursday night.
Lian Beng Group
LIAN Beng's 60 per cent-owned subsidiary United Tec Construction has bagged a S$107.5 million contract fro…
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Companies & Markets
Microsoft launches lightweight AI model
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in