Singapore
Paragon REIT divests The Rail Mall for $78.5m
Paragon REIT divests The Rail Mall for $78.5m
Proceeds will be used to reduce the property's outstanding debts.
UOB KayHian’s H1 net profit soars 64.3%
Revenue also grew 10.2%.
AEM Holdings net profit slumps 95% in H1 2024
Their revenue decreased by 37% to $173.6m.
China Aviation Oil’s net profit surges 117.8% YoY to $55.8m
Higher contributions from its associates drove the increase.
Cordlife widens net loss by $10.2m in H1 2024
The loss is due to the decline in revenue and refunds for clients affected by the high-risk blood cord tanks.
JTC rejects Penjuru Road site bids
The site received four bids.
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
Sri Trang Agro-Industry net profit surges 471% to $23.6m in Q2
Total revenue for the quarter also rose 21.6% YoY.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
Haw Par H1 2024 profit up 17.1%, but cost pressures weigh on margins
Its gross margin dipped to 54.6%
CapitaLand Investment unit prices $350m senior notes due 2035
The notes are offered at a fixed rate of 3.58% per annum.
Singapore and the Philippines ink MOU on carbon credits
The parties will exchange best practices and knowledge of carbon markets.
Startup pioneers AI to detect accounting fraud
Transparently.AI identifies red flags far in advance of a corporate collapse.
Daily Markets Briefing: STI up 0.88%; Top stock is ST Engineering
ST Engineering is the top stock with a 4.35% increase.
Far East Orchard’s H1 profit jumps 259.2% on strong PBSA segment earnings
The PBSA segment reported a 22.8% YoY revenue increase.
Genting Singapore’s profit increases 29% in H1, led by strong gaming revenue
Gaming revenue rose 28% YoY to $957.6m.
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