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investment
CDL China invests RMB 100 mil in online apartment rental platform
SINGAPORE (Sep 5): City Developments says its wholly-owned subsidiary CDL China has invested RMB 100 million ($20.3 million) for a 20% stake in mamahome, a fast growing Chinese online apartment rental platform.
September 05, 2016
Delong Holdings to diversify into investment business
SINGAPORE (Aug 23): Delong Holdings said on Tuesday that it plans to diversify from its core business of manufacturing and selling hot-rolled steel coils into investments that are not limited by any business sector, geographical market or investment vehic
August 23, 2016
In print this week
What Pokémon GO’s success means for Singapore’s economy
SINGAPORE (Aug 19): The enthusiasm that has greeted Pokémon GO in Singapore reflects a readiness to adapt to a world of new technologies such as augmented and virtual reality, robotics and artificial intelligence, says Irvin Seah, an economist at DBS B
August 19, 2016
What Singaporeans are saving and splurging on
SINGAPORE (Aug 2): No doubt, Singapore’s economy has seen some improvement in the second quarter with GDP edging up 2.2% from a year ago.
August 02, 2016
Keong Hong upgrades to SGX Mainboard
SINGAPORE (Aug 1): Keong Hong Holdings has successfully transferred its listing from Catalist to the Mainboard of the Singapore Exchange (SGX), and will commence trading on the latter on Tuesday at 9am.
August 01, 2016
Broker's Calls
Yoma hit by sluggish residence sales
SINGAPORE (July 28): CIMB is keeping its “reduce” call on Yoma Strategic Holdings with a lower target price of 40 cents from its previous price target of 45 cents.
July 28, 2016
Broker's Calls
Why should you park your capital in LHN?
SINGAPORE (July 27): NRA Capital is maintaining its “overweight” rating on LHN at a fair value of 22.5 cents on the company’s recent announcement of acquiring a 50% stake in Golden Mile Tower’s carpark at 6001 Beach Road.
July 27, 2016
Yoma’s 1Q17 earnings drop 28.6% to $1.8 million on softer property-related sales
SINGAPORE (July 26): Myanmar-focused business conglomerate, Yoma Strategic Holdings, reported a decrease in earnings to $1.8 million for the three months ended 30 June 2016 in 1Q17.
July 26, 2016
In print this week
4 ways the local market saw action in small- and mid-cap stocks
SINGAPORE (July 25): Equity markets have turned firmer after early jitters following Britain’s vote to quit the European Union last month, as investors envisaged greater stimuli implemented by central banks to quell post-Brexit chills.
July 25, 2016