Business
Qorium Raises 22 Million Euros for Lab-grown Leather; Modern Meadow’s Handbag Collab: Sustainable Scene
GOING DUTCH: Dutch biotechnology company Qorium has raised a 22 million euro series A round to accelerate the commercialization of its…
Tag
million
Business
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse…
Business
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer Test solutions provider AEM Holdings…
Business
JB Foods swings into the black with US$59.4 million H1 net profit, declares special dividend
The special dividend of S$0.028 per share is in addition to an interim dividend of S$0.002 a share JB Foods posted a net profit of US$59.4…
Business
Ho Bee Land acquires five Australian residential sites for A$96.6 million
The developments will be financed by the company’s internal funds and bank borrowings. Ho Bee Land has acquired five residential…
Business
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank…
Business
F&N full-year profit falls 6.4% to S$141.3 million despite higher revenue in F&B segment
Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3…
Business
Valuetronics posts 2.7% higher H1 profit of HK$93 million
The board has proposed a final dividend of HK$0.04 per share and a special dividend of HK$0.04 per share Electronics manufacturing…
Business
DHLT posts 8.4% decline in distributable income of S$23.4 million for 9M FY2025
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months…
Business
Daiwa House Logistics Trust 9M distributable income drops 8.4% to S$23.4 million
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months…
Business
SingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business Singapore Post (SingPost) on Tuesday (Nov 11)…
Business
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ Stoneweg Europe Stapled Trust…
Business
BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says
Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with…
Business
Sea doubles profit to US$375 million for Q3
Sea reported on Tuesday (Nov 11) a 144.6 per cent increase in its third-quarter earnings to US$375 million, up from US$153.3 million in…
Business
CapitaLand Ascendas Reit to divest logistics property in Australia for S$90 million
Sale consideration is a 17.2% premium to the original purchase price of S$76.8 million when the property was acquired in 2015 CapitaLand…
Business
Prime US Reit Q3 distributable income falls 25.9% to US$6.3 million; raises distributable income payout ratio to at least 50%
The manager of Prime US Reit on Tuesday (Nov 11) posted a distributable income of US$6.3 million in Q3, down 25.9 per cent from US$8.5…
Business
Yoma Strategic’s H1 net loss narrows to US$8.7 million
Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5…
Business
Yoma Strategic’s H1 net loss narrows to US$5.7 million
Yoma Strategic on Tuesday (Nov 11) posted a net loss for the first half-year ended September of US$5.7 million, which narrowed from US$9…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5b spending target
The group says the issuance will enable them to raise funds for operating expenditure and strengthen its capital base Mainboard-listed…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Business
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition Glovemaker Riverstone Holdings reported a drop of 28…
Business
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from…