Singapore
Daily Markets Briefing: STI down 0.18%; Top stock is SGX
Daily Markets Briefing: STI down 0.18%; Top stock is SGX
SGX is the top stock with a 2.29% increase.
Majority of 2024 corruption cases come from private sector
Only 9% are public sector cases.
Amara Holdings takeover offer ‘fair and reasonable’—IFA
The offer was for $0.895 cents per share.
Half of businesses passing off tariff hikes to manage costs
8 in 10 are cautious about expanding and investing.
TOTM Technologies CEO, directors resign after EGM bid
Their resignation followed requisition notices from nine shareholders.
New MERaLiON update boosts multilingual processing, emotional intelligence
The model now also supports Malay, Tamil, Thai, Indonesian, and Vietnamese languages.
SunMoon Food Company posts $1.5m net loss in FY2025
Loss per share stood at $0.168.
OxPay to issue 35.4M shares for over $423,000
After the subscription, OxPay expects its FY2024 net loss to rise to $3.1m.
Sanli Environmental’s FY2025 net profit plummets 42% YoY
Gross profit also fell 10% YoY.
Rex Int’l unit discovers oil well in Norway with strong yield potential
The size of the well is estimated to be between 1.9 to 17.5 million barrels of oil equivalents.
IHH Healthcare to fast-track shift to value-based care
The group monitors over 360 quality indicators across eight high-volume procedures.
Seatrium net order book at $21.3b as of March
Out of the total, $7.1b comes from renewable and green energy projects.
New guide extends abuse prevention for community care workers
It will be distributed to all Community Care Organisations in June.
Singapore Paincare receives acquisition bid of $0.16 per share
The bid values the company at $33.24m (US$25.7m).
CapitaLand Ascendas REIT raises $500m in private placement
It issued 202 million units at $2.47 each.
Union Steel Holdings sells 40 million shares in Eneco Energy
The shares were sold to a third-party independent investor via a married deal.
Singapore launches decarbonisation playbook for manufacturers
It supports over 5,000 manufacturers.
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