News
Aztech unit sells China property for $7.31m
Aztech unit sells China property for $7.31m
Upon completion of the Sale, Aztech will report a net gain of $3.9m.Aztech Global’s wholly-owned subsidiary, Aztech Communication Device (DG), has sold its property in Dongguan, China for $7.31m (RMB 41m) to an independent third party.
PLife REIT NPI up 8% in H1
Gross revenue also rose 8.1% to $78.3m.
SATS opens new BUP Handling Centre at Changi Airport to speed up airfreight
The centre spans half a soccer field.
MPACT prices $200m green notes at 2.45% per annum
Proceeds will be used to finance or refinance MPACT green projects.
SingFinance’s net profit jumps 35% YoY in H1
Earnings per share stood at $0.1835.
ST Engineering wins two LTA contracts for Thomson-East Coast Line Extension
Both contracts begin in Q3 2025.
CICT raises $600m in oversubscribed private placement
The placement originally targeted $500m.
Three Wilmar subsidiary executives named in rice quality scandal
The suspects are PT PIM's president director, factory head, and quality control head.
Keppel sells Saigon Sports City stake at a discount
The deal was first announced in 2024.
FSL Trust’s net profit up 21% in H1
Earnings were stable, with one vessel disposed of during the period.
EuroSports Global chairman remains ‘suitable’ despite being charged
He faces 19 charges under Singapore’s Securities and Futures Act.
Acrophyte Hospitality Trust’s NPI declines 14.3% YoY in H1
Gross revenue of the group also went down 6.9% YoY during the same period.Acrophyte Hospitality Trust reported a 14.3% year-on-year (YoY) decline in net property income (NPI) for the first half of 2025 to $23.19m (US$18m).
Alstom to install Urbalis system for East-West Line stations
The deal covers upgrading three stations and extending the line to Changi Airport Terminal 5.
CSE Global bags $59.3m contract in US data centre market
This is an extension contract with an existing hyperscaler customer.
Daily Markets Briefing: STI up 0.27%; Top stock is Thai Beverage
Thai Beverage is the top stock with a 2.17% increase.
TransferMate clinches MAS approval to add payment services
This expands its existing suite of products in Singapore to include storing funds.
Entrepreneurs fear heirs reject family business legacy
Succession planning remains one of the most sensitive challenges for family businesses.
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