Business
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group…
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Holdings
Business
What the BOJ unwinding its ETF holdings means for Japan
THE Bank of Japan (BOJ) plans to start unwinding its exchange-traded fund (ETF) holdings, in a process that could take more than a century…
Business
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1…
Business
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
IPO portfolio is proposed to include Boustead’s stakes in some of its Singapore logistics and industrial real estate assets Boustead…
Business
AEM Holdings CEO Amy Leong resigns
Semiconductor testing equipment manufacturer AEM Holdings has announced the resignation of its chief executive officer Amy Leong, which…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit…
Business
Jardine Matheson Holdings names Lincoln Pan as CEO-designate as group managing director John Witt retires
Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief…
Business
Jardine Matheson Holdings names Lincoln Pan as CEO-designate ahead of group managing director John Witt’s retirement
Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief…
Business
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic…
News
Cuprina Holdings obtains dealer license for IVF media production facility
Cuprina Holdings (CUPR), on April 6, completed construction of, and obtained ISO 13485 certification and a dealer license for, an…
Business
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora…
Business
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial…
Business
ST Engineering group COO Ravinder Singh to retire; Vertex Holdings’ managing director Mervyn Tan to take his place
After 11 years at ST Engineering, Ravinder Singh, group chief operating officer (technology and innovation) and president for defence and…
Business
Vin’s Holdings closes 16.6% above IPO price in SGX’s first listing of 2025
Automotive group Vin’s Holdings (VH) climbed on its listing debut on Tuesday (Apr 15), in the first initial public offering (IPO) on the…
Business
Automotive group Vin’s Holdings aims for greater gains in used car space with IPO
Buoyed by success in the pre-owned car market, Vin’s Holdings (VH) has sought an initial public offering (IPO) to fuel the next stage of…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Stocks to watch: Sembcorp, The Hour Glass, Wee Hur Holdings
The following companies saw new developments that may affect trading of its securities on Monday (Apr 7): Sembcorp Industries: Sembcorp…
Business
Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO
Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion…
Business
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the…
Business
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…
Business
Japan’s Seven & i Holdings reports 24% drop in third-quarter profit
Profit fell to 128 billion yen (S$1.1 billion) in the period from September to November Japan’s Seven & i Holdings, operator of the…
Business
SingPost cautions sale of Aussie assets not done deal; no definitive agreement yet for Famous Holdings
WHILE Singapore Post (SingPost) has been in discussions with various parties for the sale of its assets, there is no certainty that any…