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Singapore Exchange lists Nordic Group
SGX opens door to its 34th maritime & offshore listed company with market capitalisation of S$80mln.
Singapore Exchange lists Nordic Group
SGX opens door to its 34th maritime & offshore listed company with market capitalisation of S$80mln.
SingTel's strong 2Q revenue offsets 1Q losses
Robust growth in Singapore and Australia helped propel the telecommunications company’s revenue for 2Q by 8% toS$4.44b despite incurring losses earlier this year due to the acquisition of an African mobile services provider.
SC Global's sales still up despite luxury residences slump in Singapore
The luxury real estate developer posted impressive results for the first nine months of 2010, with revenue rising 11% y-y to S$191.6 mil, and PATMI soaring 517% to S$33.4 mil.
Moody's upgrades China's ratings to Aa3; maintains positive outlook
The action raises the government's foreign and local currency bond ratings to Aa3 from A1, China's country ceilings for foreign and local currency bank deposits to Aa3 from A1, and the ceilings for foreign and local currency bonds to Aa3 from A1.
Sunvic leaves analysts speechless
Phillip Securities Research notes the chemical manufacturing company’s “spectacular ascent” as its net profit exceeded the estimate by 91.1% and revenue by 22.2% for 3Q10.
SAP remains resilient in 3Q, posts 26% revenue jump
Software and Software Related Services revenue in the Asia Pacific-Japan region reached €300 million while total revenue saw a corresponding 20% growth to €365 million.
SingTel mobile customer base up 35% to 368mln
Optus 3G subscribers increased to 4.5mln in the quarter, with wireless broadband subscribers more than 1mln.
Noble Group impresses analysts, clinches stock recommendation boost
Phillip Securities Research has upgraded the trading company's stock recommendation to a "Buy" in light of its 82% jump in revenue for 9M10 and recovery of its margins in the Agriculture segment.
Down but still strong: BBR posts lower revenues, but profit still up
The construction company's revenue for the first nine months of 2010 might have contracted due to lower revenue contribution from general construction, but gross profit expanded 49%, thanks to specialised engineering projects.
Singapore Airlines accomplishes first half profit turnaround to $633mln
The Group sees steady growth as advance bookings for the coming months indicate that demand is holding up.
Changi Airport to use sustainable energy
The airport sets environmental targets by conserving energy, recycling water, and tree planting.
StarHub third quarter profit up 4% to S$82mln
The company expects to maintain its year-on-year growth of its 2010 operating revenue to be in the low single digit range.
Boustead profit down 25% to S$8.1mln
The Group’ maintains healthy net cash position of S$183.9mln at the end of second quarter of FY2011 as its Energy-related engineering revenue up 34%.
Old age slowing 'em down: A combined 70% of IT execs admit to running apps as old or even older than their kids
Application modernization is companies' top priority for 2011 as they reach a consensus that the costs, resources and time required updating and maintaining legacy applications negatively impacts their ability to quickly deliver new services, according to a new survey conducted fon behalf of HP.
Bangladeshi brokerage firm partners with Macquarie Securities Group to advance market research
BRAC EPL Stock Brokerage Limited's research agreement with MSG enables MSG’s clients to receive co-branded equity research on Bangladesh.
CapitaMalls Asia to invest S$747.2mln in Shanghai mall and office development
The site in Luwan district will be well positioned to serve the affluent residents and working professionals.
Keppel Land to issue S$500mln convertible bonds
Proceeds will be used to finance potential acquisition opportunities in the future, to refinance existing debts and for working capital purposes.
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