Financial results

A long-delayed privatisation of IDBI Bank will help India surpass its disinvestment and asset-monetisation target

It declares a single-tier first interim dividend of RM0.31 a share for the financial year ending Dec 31

The group’s loss per share has improved to S$0.00074, from S$0.00131 a year earlier

The growth is also driven by lower labour-related costs and efficiency gains

IPO volumes rise 94% in the first half of the year, with 87 companies raising HK$212.4 billion

Grab’s loan portfolio jumps 197% year on year, while Sea’s Monee grows loans by 62.5% to hit US$11.1 billion

Loss per share comes in at S$0.0819, reversing from earnings per share of S$0.0134 in H1 FY2025

The group declares a dividend of S$0.07 a share

Revenue rises 5.7% to S$2.6 billion from S$2.4 billion, supported by public transport segment