SIA Engineering revenue crashes by 55.4%

5 May 2021 - Singapore Business Review
Revenue shrank from $994.1m to $443m over the 12 pandemic-impacted months to March 31. SIA Engineering reported a 55.4% loss in revenue for FY20/21, ending 31 March. The group also recorded a net loss of $11.2m for FY20/21, as compared to a net profit of $193.8m in the same period. SIA Engineering blamed ...
sgx:s59 sgx:c6l

---

SIAEC to acquire aircraft service firm SRT Malaysia

2 Mar 2021 - Singapore Business Review
Both parties will enter into negotiations on the terms of the transaction. SIA Engineering Company Limited (SIAEC) has entered into a memorandum of understanding with SR Technics Switzerland AG for the potential acquisition of its Malaysian subsidiary SRT Malaysia. The MOU was reached following a review ...
sgx:s59 sgx:c6l

---

SIA Engineering to grow engine service business

25 Feb 2021 - Singapore Business Review
It announced the setting up of its new business unit. SIA Engineering Company (SIAEC) is setting up a new business unit, the Engine Services Division (ESD), to grow its engine service business, the company announced. ESD will focus on increasing value to its original equipment manufacturer (OEM) partners ...
sgx:s59 sgx:c6l

---

Stocks to watch: SGX, Metro, Keppel, MIT, SIAEC, Parkway Life Reit

1 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Singapore Exchange (SGX): Marketnode, SGX and Temasek's joint venture, has partnered fixed income issuance and data company Covalent Capital. Marketnode and Covalent will collaborate and build the Asia-Pacific's ...
sgx:s68 sgx:me8u sgx:s59 sgx:avm sgx:bn4 sgx:c6l sgx:t39 sgx:m01 sgx:f9d sgx:mxnu sgx:c2pu

---

SIAEC Q3 revenue crashes despite cost cuts, gov't support

1 Feb 2021 - Singapore Business Review
The group reported a decrease of 58.5% YoY in revenue for Q3 FY2020-21. SIA Engineering Company (SIAEC), the maintenance arm of Singapore Airlines, lost $147.5m in revenue for the third quarter of FY2020-21 despite cost-cutting measures and grants from the government. The company said it recorded a revenue ...
sgx:s59 sgx:c6l

---

Stocks to watch: CICT, SIAEC, GK Goh, SIIC Environment, GHY Culture & Media

21 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday. CapitaLand Integrated Commercial Trust (CICT): The newly-merged trust's Q4 distribution per unit (DPU) has fallen 15.4 per cent year on year to 2.63 Singapore cents. This comprised a clean-up DPU of ...
sgx:bhk sgx:s68 sgx:5wh sgx:s59 sgx:bmt sgx:brhw sgx:c6l sgx:t39 sgx:c38u sgx:b10 sgx:c31

---

Stocks to watch: Sunpower, Grand Venture, Tee International, Spackman, Memories

13 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday: Sunpower Group: The environmental protection solutions provider is buying four sets of boilers for 100 million yuan (S$20.5 million) from a Chinese textile company, said its board on Tuesday. In a related ...
sgx:s68 sgx:m1z sgx:s59 sgx:c6l sgx:t39 sgx:l23 sgx:l02 sgx:5gd sgx:u96 sgx:bac sgx:h22 sgx:40e sgx:1h4 sgx:jlb

---

STI down 0.67% amid Covid-19 resurgence, fresh lockdowns

23 Dec 2020 - The Business Times
THE Straits Times Index (STI) fell 0.67 per cent or 19.2 points to 2,827.32 on Tuesday as the global Covid-19 situation deteriorated, sparking lockdowns and tighter border restrictions. The coronavirus resurgence in countries including the UK and Australia produced gainers and losers on the Singapore ...
sgx:41a sgx:ap4 sgx:s68 sgx:s58 sgx:s59 sgx:c6l sgx:t39 sgx:bva sgx:s51 sgx:u96

---

STI drops 0.67% to 2,827.32 points; glove-makers gain but aviation-related stocks lose

22 Dec 2020 - The Business Times
THE Straits Times Index (STI) was 0.67 per cent or 19.2 points down at 2,827.32 points on Tuesday, as global covid situation deteriorated, sparking lockdowns and tighter border restrictions. The coronavirus resurgence in countries including the United Kingdom and Australia has produced gainers and losers ...
sgx:41a sgx:ap4 sgx:s68 sgx:s58 sgx:s59 sgx:c6l sgx:t39 sgx:bva sgx:s51 sgx:u96

---

Singapore stocks fall at open as vaccine optimism fades; STI down 0.9%

11 Nov 2020 - The Business Times
SINGAPORE shares opened weaker on Wednesday after a mixed overnight session on Wall Street, amid waning investor enthusiasm over a possible Covid-19 vaccine. Optimism from Pfizer and BioNTech’s vaccine announcement on Monday was tempered by the realisation that economic gains will likely not be felt ...
sgx:o39 sgx:u11 sgx:s58 sgx:546 sgx:579 sgx:s59 sgx:c6l sgx:t39 sgx:a17u sgx:so7 sgx:bva sgx:s51 sgx:u96 sgx:41a sgx:ap4 sgx:bs6 sgx:d05 sgx:nc2

---