Chloe Lim

UOB’s net profit climbs 10% to S$1.48 billion; OCBC’s is up 22% at S$2.22 billion

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 7):

Hospitality trust’s H1 distributable income dips 35.8% to US$1.8 million; distribution suspended until H2 2028

Bank’s profit is up 9% at record S$3.08 billion, driving its shares as high as S$75.80

It is expected to list on the mainboard on Sep 3

The deal is expected to increase the trust’s pro forma distribution per stapled security by 2.4%

The gross plot ratio of 3.0 allows for a development with a capacity of 7,000 beds

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 5):

This will add 205 MW of solar energy capacity to its existing portfolio

Proceeds from the issuance will be used to fund the ordinary course of business