Markets & Investing
SGX sees 4.7% net profit growth with strong equity activity
                                                                                 
                    
                    Net profit for the period was $597.9m.
                
                                
            SGX sees 4.7% net profit growth with strong equity activity
                                                                                                                 
                            
                            Net profit for the period was $597.9m.
                        
                                                
                        
    
                    Investors favour smaller, early-stage fintech deals over large-scale
                                                                                                 
                        
                        In H1 2024, Singapore saw 52 early-stage deals.
                    
                                        
                    
                Adapting to the shifting paradigm of the fund ecosystem
                                                                                                 
                        
                        In the current market environment marked by geopolitical tensions, slower economic growth, labour issues, inflation, fears of recession and higher...
                    
                                        
                    
                Wing Tai Holdings warns of net loss in FY24
                                                                                                 
                        
                        The group assured that its financial position is healthy.
                    
                                        
                    
                ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
                                                                                                 
                        
                        Its revenue slipped 2.4% YoY in H1 2024.
                    
                                        
                    
                Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
                                                                                                 
                        
                        Apart from lower DPU, the REIT recorded lower net property income. 
                    
                                        
                    
                Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
                                                                                                 
                        
                        The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
                    
                                        
                    
                Temasek names new senior leaders, including MTI's Gabriel Lim
                                                                                                 
                        
                        Gabriel Lim will join Temasek starting 1 October.
                    
                                        
                    
                Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
                                                                                                 
                        
                        It is the first lodging trust to secure such a facility.
                    
                                        
                    
                Lendlease Global REIT boosts NPI by 7.4% with strong mall performance
                                                                                                 
                        
                        The REIT also credited NPI growth to supplementary rent from Sky Complex.
                    
                                        
                    
                REITs set to weather expected August market dip
                                                                                                 
                        
                        In the past 14 years, the STI ended lower 12 times in August.
                    
                                        
                    
                mm2 Asia to raise up to $40m new placement shares at $0.017 each
                                                                                                 
                        
                        V3 Group intends to buy $15m of the placement shares.
                    
                                        
                    
                Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
                                                                                                 
                        
                        The REIT reported a lower occupancy rate of 78.4% in H1.
                    
                                        
                    
                MAS forms review group to boost Singapore’s equities market
                                                                                                 
                        
                        The review group will be supported by two workstreams.
                    
                                        
                    
                Jardine C&C’s H1 underlying profit drops 14%
                                                                                                 
                        
                        Underlying earnings per share also dropped 14% to $1.70.
                    
                                        
                    
                Jardine Matheson’s underlying profit sinks 33% in H1 2024
                                                                                                 
                        
                        The decline was mainly due to weaker contributions from Hongkong Land.
                    
                                        
                    
                Which listed firms are leading in corporate governance in 2024?
                                                                                                 
                        
                        Companies, REITs, and trusts had a mean score of 69.3 in corporate governance.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                