Transport & Logistics
Mapletree Logistics Trust divests 119 Neythal Road warehouse for $13.8m
The company will complete the divestment by 2Q FY24/25.
Mapletree Logistics Trust divests 119 Neythal Road warehouse for $13.8m
The company will complete the divestment by 2Q FY24/25.
Grab launches community initiative to enhance Tengah amenities
The platform updated its maps to improve navigation in Tengah.
LTA to begin trials for battery charging and swapping systems for e-HGVs
The trials will run for four years.
Ryde announces European stock listings
The firm makes FSE and XSTU debut.
ComfortDelGro Engineering deploys first KYC V7 electric vans in Singapore
The ComfortDelGro subsidiary is the exclusive distributor of these vehicles.
Hong Leong Asia’s China Yuchai greenlights US$40m share buyback plan
The plan will be funded through operating cash flow and existing cash balance.
Pan Pac Leasing takes over EVCo’s fleet and leasing business
With the 529 EVs from EVCo, Pan Pac’s vehicle count will exceed 3,000.
Keppel Infrastructure Trust acquires 97.68% stake in Ventura Motors
Ventura Motors leads Victoria's public bus services with 530 routes.
SATS finalises Sweden acquisitions
It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.
SBS Transit and Siemens Mobility ink contracts for Downtown Line signalling support
Siemens Mobility will repair components, analyse failure trends, and manage obsolescence.
BMW most favored car brand among Singapore campers
Tesla trails behind BMW.
Chasen incurs $6.57m loss in FY24
The company attributed the loss to the demolition of 18 Jalan Besut.
XSQUARE Technologies raises $10.5m in Series A funding round
The funding will be used to boost regional growth and product development.
SingPost and Kazakhstan's QazPost team up to advance eCommerce and logistics
The partners will exchange knowledge, conduct training, and explore future collaborations.
Chasen expects loss in FY24 amidst development of logistics centre
Its corporate office is being redeveloped as a distribution centre.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Higher revenue drives SBS profit up 7.5% YoY in 1Q24
Revenue for the period was 6.6% YoY higher.
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