Union Gas: IPO Draws Strong Support From Investors.

21 Jul 2017 - ShareInvestor Express
Union Gas Holdings Limited ("Union Gas" or the "Company", and together with its subsidiaries, the "Group"), an established provider of fuel products in Singapore with over 40 years of operating track record, today announced that its initial public offering (the "IPO" or the "Invitation") on the Catalist ...

Rowsley reports Q2 profit of S$1.2m

21 Jul 2017 - Business Times Breaking News
ROWSLEY Ltd, the real estate and investment firm that is currently one of the hottest stocks on the market, said it swung back to profitability for its second quarter ended June 30, 2017. Net profit was S$1.2 million compared to a S$5.3 million loss a year ago. Revenue was up one per cent to S$22.5 million.

Delong Holdings sets up asset management venture in Hong Kong

21 Jul 2017 - Business Times Breaking News
DELONG Holdings Limited has announced the incorporation of a wholly-owned subsidiary, Delong Asset Management (Hong Kong) Limited, in Hong Kong.The subsidiary has an initial registered share capital of HK$30 million (S$5.24 million) The principal business activity of Delong HK will be assets management, ...

Cache Logistics Q2 DPU at 1.8 cents, down 9.5%

21 Jul 2017 - Business Times Breaking News
LOWER revenue and higher property-related expenses led to warehouse owner Cache Logistics Trust reporting a distribution per unit (DPU) of 1.8 Singapore cents for the second quarter ended June 30, 2017, down 9.5 per cent from 1.989 cents a year ago. This gives an annualised yield of 7.7 per cent based ...

Daily Debrief: What Happened Today

21 Jul 2017 - Business Times Breaking News
Singtel launches near-gigabit mobile data speeds at selected outdoor locations Singtel is launching, in phases, near-gigabit speeds of 800 Mbps on its LTE advanced network at selected high-traffic outdoor locations in Singapore.

NUS unveils additive manufacturing facilities to aid healthcare sector

21 Jul 2017 - Singapore Business Review
Local hospitals were tapped to support adoption of the technology. The National University of Singapore established the Centre for Additive Manufacturing (AM.NUS) that will work with industry and local hospitals to support the adoption of advanced manufacturing technology in Singapore’s healthcare sector. ...

Malaysia: Shares close higher on Friday

21 Jul 2017 - Business Times Breaking News
MALAYSIA share prices closed higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 3.530 points to 1,759.160.Volume was 1.864 billion lots worth RM1.778 billion.Gainers outnumbered losers 436 to 384.

SATS Q1 net profit falls 10.6% in absence of one-time gain

21 Jul 2017 - Business Times Breaking News
NET profit at SATS Ltd fell by a year-on-year 10.6 per cent to S$57.3 million for the three months ended June 30 due the absence of one-time gain. Underlying net profit had inched up by 3.2 per cent.Revenue was 0.5 per cent higher at S$426.5 million for the first quarter of financial year 2018, the aviation ...

Singapore kicked out of top countries for retirees

21 Jul 2017 - Singapore Business Review
It ranked fourth to the last for income equality. When it comes to retiring, Singapore may not be the best place to put your feet up after years of hard work. It fell two spots in Natixis Global Asset Management’s Global Retirement Index when it placed 27th this year. Whilst the country has the highest ...

Why M1's spending is expected to remain high

21 Jul 2017 - Singapore Business Review
It could shell out $188m just for its 700MHz spectrum. Singapore telco M1 is expected to reflect higher spending in its coming yearly results. According to DBS Group Research analyst Sachin Mittal, the higher capital expenditures M1 has in store for this year and the next is due to the spectrum payments ...