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Asian Pay TV Trust Q1 profit falls 47.2% amid steeper basic TV competition
Asian Pay TV Trust Q1 profit falls 47.2% amid steeper basic TV competition
[SINGAPORE] Asian Pay Television Trust (APTT) posted a first-quarter net profit of S$7.3 million, down 47.2 per cent from S$13.8 million in the previous corresponding period. Revenue fell 6.5...
Stocks to watch: CDL, BRC Asia, Food Empire, Sri Trang Agro-Industry, Sri Trang Gloves
Stocks to watch: CDL, BRC Asia, Food Empire, Sri Trang Agro-Industry, Sri Trang Gloves
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 14). City Developments Limited (CDL): The property player will be repurchasing 10 per...
Mobile games turn into boom-or-bust industry as spending rises
Mobile games turn into boom-or-bust industry as spending rises
[HONG KONG] Mobile gamers ramped up their spending by 4 per cent last year even as the number of downloads and new releases fell, highlighting the narrowing of the...
China’s JD.com beats quarterly revenue estimates
China’s JD.com beats quarterly revenue estimates
[BEIJING] Chinese e-commerce retailer JD.com topped market estimates for quarterly revenue on Tuesday (May 13), in a sign of steady demand even as US tariffs and prolonged economic weakness...
Google unveils major Android redesign ahead of iPhone overhaul
Google unveils major Android redesign ahead of iPhone overhaul
[HONG KONG] Google unveiled the biggest update to its Android mobile operating system in years, weeks before its biggest competitor in the space, Apple, is expected to give a...
IReit Global launches S million of green notes at 6%
IReit Global launches S$85 million of green notes at 6%
[SINGAPORE] IReit Global’s trustee has launched and priced S$85 million of green, senior, and unsecured notes at 6 per cent per annum, with the proceeds to fund the capital...
Food Empire reports 16.3% rise in revenue for Q1
Food Empire reports 16.3% rise in revenue for Q1
[SINGAPORE] Food Empire posted a 16.3 per cent rise in its top line to US$136.6 million for the first quarter of FY2025 ended March, as most major markets delivered...
Stocks to watch: CDL, BRC Asia, Food Empire, Sri Trang Agro-Industry, Sri Trang Gloves
CDL to repurchase preference shares via off-market, equal access scheme
The offer, to be made in cash, allows it to exercise greater control over its share capital structure in relation to the preference shares[SINGAPORE] Property player City Developments Limited...
Stocks to watch: CDL, BRC Asia, Food Empire, Sri Trang Agro-Industry, Sri Trang Gloves
CDL to buy back preference shares at S$0.78 each via off-market, equal access scheme
The offer, to be made in cash, allows it to exercise greater control over its share capital structure in relation to the preference shares[SINGAPORE] Property player City Developments Limited...
Sea swings into the black in Q1 with US0 million profit on surge in Shopee, financial services earnings
Sea swings into the black in Q1 with US$410 million profit on surge in Shopee, financial services earnings
[SINGAPORE] Sea reported first-quarter 2025 earnings of US$410.8 million, reversing from a loss of US$23 million in Q1 2024 on Tuesday (May 13).Revenue for the quarter rose 29.6 per...