Leadership
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
NO SIGNBOARD’S investor Gazelle Ventures has made a mandatory unconditional cash offer to acquire all the issued and paid-up ordinary shares of the Catalist-listed restaurant operator, excluding those already...
Singapore shares open higher on Friday; STI up 0.2%
SINGAPORE stocks inched up at the opening bell on Friday (Apr 19), despite overnight losses on Wall Street amid analyst expectations of reduced Federal Reserve action. As at 9.01 am,...
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3%
CAPITALAND Integrated Commercial Trust (CICT) on Friday (Apr 19) posted a 6.3 per cent rise in net property income (NPI) to S$293.7 million for its first quarter end :...
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
THE following companies saw new developments that may affect trading of their securities on Friday (Apr 19):
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
KEPPEL DC Reit posted a 13.7 per cent lower first-quarter distribution per unit (DPU) of S$0.02192, compared with S$0.02541 in the year-ago period.Gross revenue was up 18.4 per cent to...
Europe: Industrials boost Stoxx 600 as earnings season rolls in
EUROPEAN shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high following upbeat results, while Germany-listed Sartorius had its biggest one-day drop in...
Fintech KPay aims to triple Singapore merchant base, double local workforce
FINTECH startup KPay intends to grow its Singapore merchant base to more than 10,000 businesses in the next year, from 3,000 now.The Hong Kong-based startup also plans to double...
India’s Infosys misses fourth-quarter revenue estimates
INFOSYS reported lower-than-expected fourth-quarter revenue on Thursday (Apr 18), in a seasonally weak period for India’s No 2 IT services provider, as cautious clients curtailed spending amid macroeconomic uncertainties.
Revenue...
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
CHINA’S five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan (S$301 billion) by January 2025, Fitch Ratings estimates,...
