Million
ARA H-Trust Q1 net property income up marginally to US$6.4 million
ARA US Hospitality Trust (ARA H-Trust) posted a net property income (NPI) of US$6.4 million for its first quarter ended Mar 31, 2024 marking a 1.1 per cent rise...
Venture posts lower Q1 net profit of S$60.1 million on weaker demand
TECHNOLOGY solutions provider Venture Corp : V03 0% on Friday (May 3) posted a net profit of S$60.1 million for the first quarter ended Mar 31. This marks an...
CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
CAPITALAND India Trust : CY6U 0% (Clint) has inked a forward purchase agreement to acquire IT buildings with a total leasable area of 2.5 million square feet (sq ft)...
Insurer Chubb readies US$350 million payout tied to Baltimore bridge collapse
Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay US$350 million to the state of Maryland, in what could be the first major payout...
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
SINGAPORE Technologies Engineering’s (ST Engineering : S63 0%) urban solutions unit has secured more than S$175 million in contracts from the Land Transport Authority (LTA) to upgrade technologies for...
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the...
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
AGRI-FOOD company Japfa : UD2 0% recorded a profit of US$12.4 million for the first quarter ended Mar 31, 2024, a reversal from a US$43 million loss in the...
CSE Global records S$186.2 million in Q1 new orders, up 16.7%
SYSTEMS integrator CSE Global secured S$186.2 million worth of new orders in Q1 ended Mar 31, 16.7 per cent higher than the previous year.The growth was “driven by stronger...