Daily Markets Briefing: STI up 0.68%

1 Nov 2019 - Singapore Business Review
Singtel led the gains amongst top active stocks with a 1.23% rise. The Straits Times Index ended 21.96 or 0.68% higher at 3,229.88. The top active stocks were DBS, which grew 1.21%, UOB, which climbed 0.87%, Singtel, which jumped 1.23%, OCBC Bank, which rose 0.55%, and SGX with a 0.45% decline. Both ...
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Daily Markets Briefing: STI up 0.34%

31 Oct 2019 - Singapore Business Review
DBS led the gains amongst top active stocks with a 1.26% rise. The Straits Times Index ended 10.88 or 0.34% higher at 3,207.92. The top active stocks were DBS, which grew 1.26%, UOB, which climbed 0.76%, Singtel, which remained unchanged, OCBC, which rose 1.02%, and JMH USD with a 1.26% fall. The FTSE ...
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Yanlord Land revives $2.60 per share offer to buy over United Engineers

25 Oct 2019 - The Edge Markets
SINGAPORE (Oct 25): Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers share it does not own. The deal values UE, one of Singapore's oldest companies with businesses in property and hospitality sectors, at $1.66 billion. The offer price is ...
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Is DBS Group, United Overseas Bank, or Oversea-Chinese Banking Corp the Cheapest Singapore Bank Now?

23 Oct 2019 - The Motley Fool Singapore
One of the most popular industries among local investors is the banking industry. There are many good reasons to like our local banks: their stable business performances, solid dividend track records, and more. Another good reason to like these banks is their undemanding valuations compared to the Straits ...
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Mapletree Commercial Trust joins the Straits Times Index

25 Sep 2019 - Singapore Business Review
There are now four REITs in the STI. Mapletree Commercial Trust (MCT) has officially joined the Straits Times Index (STI) with a weighting of 1.5%, announced Singapore Exchange (SGX). This brings the number of REITs in STI to four, along with Ascendas REIT, CapitaLand Mall Trust and CapitaLand Commercial ...
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Straits Trading unit expands logistics footprint with Korea and Australia buys

24 Jun 2019 - Singapore Business Review
Once fully deployed, Straits Real Estate expects a portfolio value in excess of $700m. Investment firm Straits Trading Company, through its unit Straits Real Estate (SRE), is stepping up its investment in the logistics sector with a new partnership in South Korea and a new development project in Adelaide, ...
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Quick take: Straits Inter Logistics up 2.2% on tanker acquisition

17 Jun 2019 - The Star Online
KUALA LUMPUR: Straits Inter Logistics Bhd ’s shares opened higher in early trade Monday after the company announced its acquisition to buy an oil tanker for RM19.6mil. The counter counter rose 2.22%, or 0.5 sen to 23 sen with 1.19 million shares traded. Straits Inter Logistics Bhd’s unit is to acquire ...
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Maybank IB initiates coverage on Straits, Buy with TP of 38.5 sen

26 Mar 2019 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research has initiated coverage on bunkering firm Straits Inter Logistics Bhd with a Buy recommendation at a target price of 38.5sen. Straits is a Malaysia based investment holding company engaged in the oil trading products and bunkering business.
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NSTP CEO Jalil to retire by end of the month

2 Mar 2019 - The Star Online
KUALA LUMPUR: Media Prima Bhd has announced the retirement of Datuk Seri Abdul Jalil Hamid as chief executive officer of The New Straits Times (Malaysia) Bhd (NSTP) at the end of this month. Jalil, 60, joined NSTP as group managing editor in October 2011 and was appointed to his current position in March ...
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Straits Inter Logistics earnings double in Q4

27 Feb 2019 - The Star Online
PETALING JAYA: Straits Inter Logistics Bhd saw its net profit more than doubled to RM1.73mil in the fourth quarter ended Dec 31, 2018, from RM724,000 a year earlier. In a filing with Bursa Malaysia Wednesday, the company attributed the growth on margin improvement and higher revenue recorded from its ...
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