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.

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.

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 ...

Bank of China to release Sheng Siong credit cards

21 Jul 2017 - Singapore Business Review
These contactless cards offer 12% cash rebates. As part of efforts to drive Singapore's cashless agenda, the Bank of China Singapore Branch (BOCSG) and local supermarket chain Sheng Siong launched a new contactless credit card that offers up to 12% cash rebate across all stores. According to a joint ...

Keppel's profit down 22.1% to $160.3m in Q2

21 Jul 2017 - Singapore Business Review
Its O&M division also performed poorly and lost $60m. Keppel Corporation struggled to keep their records up as their profits for the second quarter reached only $160.3m, a 22.1% drop from last year's. According to the group’s quarterly report, its Offshore and Marine (O&M) division had a net profit of ...

First Reit: Strengthens Portfolio With Acquisition In Strategically-located Port City On Buton Island, Indonesia.

21 Jul 2017 - ShareInvestor Express
Bowsprit Capital Corporation Limited ("Bowsprit"), the manager of First Real Estate Investment Trust ("First REIT" or the "Trust", and as manager of First REIT, the "Manager"), today announced that First REIT, through its wholly-owned subsidiary, SHButon Investment I Pte. Ltd., has entered into a conditional ...