Business
Corona, Budweiser get new drinking buddy in SGX-listed GS Holdings
AB InBev’s Corona and Budweiser rank first and second in Most Valuable Global Brands report; Singapore beer market hit US$9.3 billion in…
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Holdings
Business
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1…
Business
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
IPO portfolio is proposed to include Boustead’s stakes in some of its Singapore logistics and industrial real estate assets Boustead…
Business
Stocks to watch: CapitaLand Ascendas Reit, GuocoLand, Oxley Holdings, Bromat Holdings
The following companies saw new developments that may affect trading of their securities on Monday (Sep 1): CapitaLand Ascendas Reit…
Business
Stocks to watch: CapitaLand Ascendas Reit, GuocoLand, Oxley Holdings, mm2 Asia, Bromat Holdings
The following companies saw new developments that may affect trading of their securities on Monday (Sep 1): CapitaLand Ascendas Reit…
Business
Stocks to watch: CapitaLand Ascendas Reit, GuocoLand, Oxley Holdings, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Monday (Sep 1): CapitaLand Ascendas Reit…
Business
Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue
Its loss per share stood (LPS) at S$0.002, against a LPS of S$0.0224 in H2 of FY2024 Property developer Oxley Holdings on Friday (Aug 29)…
Business
Stocks to watch: MPACT, First Resources, Sabana Reit, Lum Chang Holdings, Raffles Education, Creative Technologies
The following companies saw new developments that may affect trading of their securities on Monday (Aug 25): Mapletree Pan Asia Commercial…
Business
Perennial Holdings enters partnership to establish hospital in Shanghai with 500 million yuan investment
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a…
Business
Stocks to watch: OCBC, Singapore Airlines, Raffles Medical, AEM Holdings
The following companies saw new developments that may affect trading of their securities on Monday (Jul 28): OCBC: OCBC subsidiary Great…
Business
AEM Holdings CEO Amy Leong resigns
Semiconductor testing equipment manufacturer AEM Holdings has announced the resignation of its chief executive officer Amy Leong, which…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
Singtel CEO Yuen Kuan Moon’s pay up 16.8% to S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit…
Business
Jardine Matheson Holdings names Lincoln Pan as CEO-designate ahead of group managing director John Witt’s retirement
Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief…
Business
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic…
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Cuprina Holdings obtains dealer license for IVF media production facility
Cuprina Holdings (CUPR), on April 6, completed construction of, and obtained ISO 13485 certification and a dealer license for, an…
Business
ST Engineering group COO Ravinder Singh to retire; Vertex Holdings’ managing director Mervyn Tan to take his place
After 11 years at ST Engineering, Ravinder Singh, group chief operating officer (technology and innovation) and president for defence and…
Business
Vin’s Holdings closes 16.6% above IPO price in SGX’s first listing of 2025
Automotive group Vin’s Holdings (VH) climbed on its listing debut on Tuesday (Apr 15), in the first initial public offering (IPO) on the…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the…
Business
Capri Holdings Investor Day: Talk Centers on Product Innovation, Impact Marketing, Right-sizing Retail Fleet
Capri Holdings Inc. is looking to restore growth in all three of its luxury brands — Michael Kors, Versace and Jimmy Choo — with an…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…