The Business Times
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Shikhar Gupta

Shikhar Gupta

JOURNALIST

Shikhar Gupta is a Breaking News Journalist at The Business Times. He previously worked at Bloomberg News, covering transport, healthcare, and consumer stories.

emailsgupta@sph.com.sg
The IPO of Sembcorp’s India unit is expected to provide a significant scope to rerate the parent company.
BROKERS’ TAKE

Sembcorp’s India unit IPO could lift group value by up to 10%, say analysts

2026-08-28T09:52:10.000Z
The technology solutions provider’s shares fall as low as S$2.33 at market open.
HOT STOCK

Frencken shares end 7.5% lower after S$100 million placement

2026-08-28T02:27:26.000Z
Aster says that becoming a CAFHI shareholder complements its growing sustainable aviation fuel capabilities.

Aster marks third Singapore deal with Changi Airport fuel infrastructure stake

2026-08-28T02:13:53.000Z
Frencken’s proposed placement share price is at a 10% discount and represents about 10.3% of the existing issued shares as at Thursday.

Stocks to watch: Frencken, Seatrium

2026-08-28T00:24:50.000Z
Earnings per share stand at RM0.2224 for the second quarter, up from RM0.2175 in the year-ago period.

Maybank Q2 profit up 2.4% on lower impairment, higher non-interest income

2026-08-27T06:51:51.000Z
The transaction was met with ‘exceptionally strong’ demand and was oversubscribed about four times.

UOB prices landmark US$1.2 billion dual-tranche euro covered bond offering

2026-08-27T01:01:13.000Z
UOB has priced a one billion euro dual-tranche covered bond transaction across two-year and five-year tenors.

Stocks to watch: UOB, ST Engineering, Sembcorp, Thomson Medical

2026-08-27T00:31:20.000Z
If completed, the proposed share sale will be Sembcorp Green Infra’s second attempt to list publicly.

Sembcorp’s Indian renewables unit files draft IPO papers

2026-08-27T00:13:33.000Z
SingPost says revenue gains in its post office network and property assets segments largely counterbalanced a mixed performance in logistics and letters.

SingPost Q1 operating profit up 55.2% at S$4.1 million on improved costs

2026-08-26T00:04:20.000Z
Frasers Property Treasury proposes issuing S$150 million of fixed rate notes under its S$5 billion multicurrency debt issuance programme.

Stocks to watch: Frasers Property, UltraGreen.ai

2026-08-25T00:25:47.000Z
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