News

SGX-listed UMS Holdings buys 5.38 acres in Penang for $4.5m

The company now has 1.2 million sqft of space in Singapore and Malaysia.

SGX-listed UMS Holdings buys 5.38 acres in Penang for $4.5m

The company now has 1.2 million sqft of space in Singapore and Malaysia.

Sabana Industrial REIT set to convene EGM soon

Its trustee and the requisitionists have come to an agreement on proposed resolutions.

Casa Holdings selling all shares in Fiamma Holdings for $24.34m

The four buyers are managing directors of different Malaysian companies.

SATS issues 4.3 million new ordinary shares 

They will be listed on the SGX beginning 2 July.

GSG Capital director fined for insider trading 

Prior to announcing the acquisition of GreatSolutions, Tay Joo Heng bought 515,000 shares in its parent firm, GS Holdings. 

Singapore’s labour market to remain tight: experts

Half of companies still looking to hire more employees.

CityDev’s New Zealand subsidiary names new finance VP

Anand Rambhai has worked in finance and treasury roles across New Zealand and the UK.

GCB prices show signs of bottoming out: expert

The average transacted unit price is up 1% in Q1 and nearly 13% in Q2. 

Daily Markets Briefing: STI up 0.16%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 4.35% increase.

HDB resale volume rises 14.5% YoY in Q2

Resale volume for the period recorded 7,208 cases.

Household gas tariff raised in Q3

Town gas tariff set at 23.42 cents per kWh 

Wilmar raises stake in Pakistan’s Unity Foods to 42.17%

Wilmar acquired new shares through its subsidiaries Wilmar Pakistan Holdings and Unity Wilmar Agro.

Olam Agri bags $1b revolving credit facility

Proceeds will be used to pay off Olam Agri's existing loans.

Silverlake Axis names Cass Goh as new CEO

Goh has been Silverlake Axis’ group deputy executive chairman since Oct 2023.

Keppel Infrastructure Trust obtains $50m loan facility

No mandatory prepayment event has occurred as per press time.