Manufacturing
iX Biopharma to raise at least $5m via OCBC share placement
iX Biopharma to raise at least $5m via OCBC share placement
Proceeds from the placement will be used for three key purposes, including 40% for U.S. market expansion.
Manufacturing output jumps 16.1% in September on biomed gains
The biomedical manufacturing cluster was the standout performer, expanding 45.9% YoY.
Fortress Minerals reports lower net profit after tax for H1
This is despite a higher revenue for the period.
PMI edges up to 50.1 in September
New orders, new exports, and input purchases grew at a faster rate.
InnoTek unit divests 70% stake in Hua Yuan Sheng
This was due to Hua Yuan Sheng facing a decline in export orders.
Singapore industrial output falls 7.8% in August with pharma slump
Maybank attributed the August dip to front-loading in July ahead of higher reciprocal tariffs across Asia.
Vicplas International posts $2.4m net loss in FY2025
The group’s loss per share was $0.0046.
Manufacturing output falls 7.8% in August
Transport engineering posted the highest growth at 18.9% YoY.
Jawala reports net loss guidance for 2025
The group said this was due to lower sales in H2.
GlobalFoundries' 300mm fab joins WEF's Global Lighthouse Network
This recognises the company’s efforts to enhance Fourth Industrial Revolution technologies.
Jardine unit buys Indonesian gold mining company for $690.77m
The mining company holds 1.57 million ounces of gold reserves.
Fortress Minerals signs two-year offtake deals with Malaysian steel mill
The agreements are expected to boost EPS for FY2026.
Fu Yu Corporation completes probe into supply chain unit
The investigation covered several key areas, including the 2021 acquisition of FYSCS (formerly Avantgarde Enterprise Pte Ltd).
Tan Chong swings to profit with $1.9m net income
An interim dividend of $0.0033 per ordinary share was declared.
Singapore’s industrial production growth projected to slow in H2
HB analysts view the uptick as temporary, boosted by transitory drivers.
CNMC triple earnings in H1 2025 to $15.76m on higher production
The completion of its plant expansion in April boosted daily processing to 800 tonnes.
International Cement Group’s profit surges in H1
The group said it was driven by stronger operational performance.
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