Singapore
Daily Markets Briefing: STI up 0.15%; Top stock is DBS
DBS is the top stock with a 0.189% increase.
Study shows 1 in 2 financially savvy Singaporeans own crypto, bullish on its future
High risk and volatility are some of the top concerns deterring non-crypto users.
Leong Wei Hung to take the helm as CEO of Singapore LNG Corporation
He will begin his tenure on 7 April.
Singapore LNG Corporation (SLNG) has named Leong Wei Hung as its new Chief Executive Officer.
Seatrium unveils Singapore’s first membrane LNG bunker vessel
The vessel is set to commence operations in February 2024.
‘No transactions currently contemplated’: Singtel refutes reports of Optus’ enterprise unit sell-off
Optus is a wholly-owned subsidiary of Singtel.
Zora Health bags $1m funding to launch a fertility care platform
The platform will offer services including egg freezing, in-vitro fertilisation, and fertility testing.
RHT Health Trust delists from SGX-ST
It took effect on 31 January, 9 am.
CapitaLand Malaysia Trust NPI surges 42.6% YoY in 2023
Its gross revenue also saw a 43.4% increase during the period.
Etiqa Singapore rolls out pet insurance offering S$15,000 surgery cover
The plan covers congenital and hereditary diseases, accidents, and surgeries.
Keppel Pacific Oak US REIT’s portfolio valuation dips 6.8% YoY to US$1.3b
The REIT cited four priorities that contributed 84% to the decline in valuation.
4 in 5 business leaders rely on media to shape ESG strategies
For Singapore business leaders, “environment” is the top ESG priority.
MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24
The strong performance of the REIT’s Singapore portfolio contributed to the increase.
Net property income of CapitaLand India Trust rises 8% YoY to $179.6m
Despite higher NPI, the company’s DPU fell 21% YoY.
Mesh Bio raises $4.7m in Series A for health tech expansion with East Ventures
Elev8, Seed Capitals, and existing shareholders were also participants of this funding round.
GuocoLand posts 12% YoY higher profit of $66.2m in 1H24
The higher profit boosted the company’s earnings per share by 15% YoY.
Keppel Infrastructure Trust’s distributable income soars 42.4% YoY to $316.8m in FY23
With higher income, the company proposed a 62% YoY higher DPU.
5-room HDB flat in Toa Payoh sells for $1.54m
The sale is the second-highest price ever transacted in the property.
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