11 May 2021 - Singapore Business Review
The group saw an increase of 44% in its earnings for Q1, 2021. Equipment manufacturing and engineering services company UMS Holdings Limited, which reported another strong start to the year hitting record quarterly sales, has proposed a 1.0 cent tax-exempted interim dividend per share to reward shareholders. ...
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10 May 2021 - Singapore Business Review
The DBS Foundation has increased its funding pool to support social enterprises. The DBS Foundation, the DBS Bank arm dedicated to championing social entrepreneurship, has increased the funding pool of its grant programme. The DBS Foundation Social Enterprise Grant Programme has doubled its funding in ...
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6 May 2021 - Singapore Business Review
Parts of the proceeds of the private placement will be used to fund its acquisition of Galaxis. Ascendas Real Estate Investment Trust announced that its private placement of 142,644,000 new units have been oversubscribed. "The Private Placement was approximately2.6times covered and drew strong demand ...
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5 May 2021 - Singapore Business Review
Venture firm M Venture Partners and Hustle Fund participated in the funding round. Singapore-based fintech-for-media startup Few¢ents has raised $2.13m (US$1.6m) in a seed funding. This round saw participation from venture capital funds M Venture Partners and Hustle Fund, in addition to angel investors ...
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5 May 2021 - Singapore Business Review
Net proceeds will be used for the Group's general corporate purposes. Mapletree Industrial Trust Management Ltd. (MITM) has announced that DBS Trustee Limited executed a pricing supplement on 3 May, 2021 to issue $300m of 3.15% fixed rate perpetual securities. MITM is the manager of Mapletree Industrial ...
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4 May 2021 - ACN Newswire
SF REIT Asset Management Limited (the "REIT Manager"), as the manager of SF Real Estate Investment Trust ("SF REIT"), today announces the details of the proposed listing of SF REIT (the "Listing") on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). SF REIT is ...
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4 May 2021 - Singapore Business Review
STI recorded a 13.2% price gain over the first four months of 2021. With 13.2% price gains over the first four months of 2021, this year has been the strongest start to a calendar year for the Strait Times Index (STI) since 1999. The STI has also been the second strongest benchmark across the Asia Pacific ...
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3 May 2021 - Singapore Business Review
DBS' net profit doubled in the first quarter of 2021. DBS Group's first quarter net profit has been confirmed at a record breaking $2.01b. This is a 72% increase from the $1.16b recorded in the same period last year, and is the first time the bank's quarterly profit has breached the $2b mark. "Loan and ...
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30 Apr 2021 - Singapore Business Review
The REIT found the fiscal year challenging as tenants struggled during the pandemic. Mapletree Industrial Trust (MIT) reported a distributable net property income of $$295.26m for the fiscal year of 2020/2021. This is 11.3% higher than the distributable net property income of $265.33m recorded for the ...
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29 Apr 2021 - Singapore Business Review
Professional network LinkedIn has ranked the top 15 companies that helped Singaporeans during the pandemic. Banking giants OCBC Bank and Standard Chartered Bank grabbed the top two spots in LinkedIn's 2021 Top Companies ranking for Singapore. The professional network ranked companies by how their products ...
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