CEO

FLCT declares 9.5% higher DPU of 3.8 cents for 1H21 - THE EDGE SINGAPORE

Results

FLCT declares 9.5% higher DPU of 3.8 cents for 1H21

FLCT reported a record revenue of $231.7 mil for the period, up 95% y-o-y.
Fourth CDL director, Jenny Lim, quits board - THE EDGE SINGAPORE

Company in the news

Fourth CDL director, Jenny Lim, quits board

Lim, a former KPMG partner, joined CDL's board back in June 2018
CapitaLand buys hyperscale data centre campus in China for RMB3.7 bil - THE EDGE SINGAPORE

Company in the news

CapitaLand buys hyperscale data centre campus in China for RMB3.7 bil

The data centre comprises four buildings with a GFA of up to 75,000 sqm and up to 55MW of IT power capacity.
New UK properties boost Elite Commercial REIT's 1Q21 DPU by 65% to 1.22 pence - THE EDGE SINGAPORE

Results

New UK properties boost Elite Commercial REIT's 1Q21 DPU by 65% to 1.22 pence

Contributions from the new assets drove 1Q21 revenue up 88% y-o-y to GBP6.6 mil.
ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update  - THE EDGE SINGAPORE

Results

ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update

The significantly higher growth was partly due to the retention of the $2.5 million distributable income retained in 1QFY2020.
Suntec REIT reports 16.2% y-o-y  growth in DPU to 2.045 cents for 1QFY21 - THE EDGE SINGAPORE

Results

Suntec REIT reports 16.2% y-o-y growth in DPU to 2.045 cents for 1QFY21

The higher DPU was driven mainly by contributions from office assets in Singapore and Australia.
AEM acquires more shares in South Korea's ATECO Inc. for US$3.8 mil - THE EDGE SINGAPORE

M&A

AEM acquires more shares in South Korea's ATECO Inc. for US$3.8 mil

ATECO Inc. is a South Korean company that specialises in the design and development of memory test handler solutions.
Aztech sees 22 times surge in earnings for 1QFY21 to $13.2 mil - THE EDGE SINGAPORE

Results

Aztech sees 22 times surge in earnings for 1QFY21 to $13.2 mil

EPS for 1QFY21 amounted to 2.01 cents, up from 0.09 cents the previous year.
Shares in Econ Healthcare closed 3.6% higher than IPO price on first day - THE EDGE SINGAPORE

IPO

Shares in Econ Healthcare closed 3.6% higher than IPO price on first day

The newly-listed counter opened at 28.5 cents on the same day and reached an intra-day high of 30 cents per share.
Econ Healthcare IPO is around 4.1 times subscribed, trading to start on April 19 - THE EDGE SINGAPORE

IPO

Econ Healthcare IPO is around 4.1 times subscribed, trading to start on April 19

Net proceeds of $11.5 million will help fund its expansion in China and to upgrade existing centres and facilities
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