Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
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Business
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Seatrium H1 profit rises 300% to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
MrBeast Becomes First YouTuber to Hit 400 Million Subscribers, Gets Custom Play Button
Jimmy Donaldson, widely known as MrBeast, has reached a historic milestone by becoming the first individual YouTuber to surpass 400…
Business
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
Business
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its…
Business
CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million
Capitaland India Trust (Clint) on Wednesday (Jul 30) posted a higher net property income (NPI) of S$113.6 million for the six months ended…
Business
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024…
Business
Kraken seeks US$500 million funding at US$15 billion valuation, The Information reports
TOCURRENCY exchange Kraken is set to raise US$500 million in funding at a US$15 billion valuation, The Information reported on Tuesday,…
Business
Seatrium settles Brazil corruption case; S$168.4 million financial penalty to Brazilian authorities
Seatrium has on Wednesday (Jul 30) signed a leniency agreement with Brazilian authorities in relation to Operation Car Wash - a major…
News
Seatrium to pay over S$240 million to Brazilian, Singapore authorities over corruption offences
Seatrium is putting a long-running corruption case behind it with the payment of financial penalties of more than S$240 million to the…
Business
CDL Hospitality Trusts H1 NPI drops 11.9% to S$58.6 million as W Hotel renovations continue
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell11.9per cent to S$58.6 million for the first half ended June 30, from…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
Starhill Global Reit H2 NPI flat at S$74.5 million
The manager of (real estate investment trust) posted a net property income (NPI) of S$74.5 million for the second half ended Jun 30, 2025,…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
Holland Link site draws 5 bids; top bid from Sim Lian at S$368.37 million or S$1,432 psf ppr
THE maiden tender for a government land sales (GLS) site in the new Holland Plain precinct has fetched five bids. A tie-up between Sim…
Business
Keppel Infrastructure Trust back in black with S$60 million H1 net profit
Its energy transition, environmental services, as well as distribution and storage segments post revenue growth Keppel Infrastructure…
Business
Stoneweg E-Reit divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Business
Stoneweg Europe Stapled Trust divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
Business
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
Great Eastern Q2 earnings down 11% at S$248.2 million
The group attributes the decline to lower profit from its insurance business for the quarter Insurer Great Eastern on Monday (Jul 28)…