2020

SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments - THE EDGE SINGAPORE

Aviation & Engineering

SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments

Singapore Airlines (SIA) says it has used a further $1.1 billion out of the $8.8 billion raised from its rights issue between Dec 14, 2020, to Feb 21.

Property segment boosts Tuan Sing to 55% increase in FY20 earnings of $52.4 mil - THE EDGE SINGAPORE

Results

Property segment boosts Tuan Sing to 55% increase in FY20 earnings of $52.4 mil

For the FY2020 ended December, property developer Tuan Sing saw earnings of $52.4 million, 55% higher than earnings of $33.7 million the year before. 

United Hampshire US REIT posts 2H20 DPU of 3.03 US cents, 1.3% above IPO forecast - THE EDGE SINGAPORE

Results

United Hampshire US REIT posts 2H20 DPU of 3.03 US cents, 1.3% above IPO forecast

The manager of United Hampshire US REIT has announced distribution per unit (DPU) of 3.03 US cents (4 cents) for the 2HFY2020 ended December, outperforming DPU forecast of 2.99 US cents by 1.3%.

Sembcorp Marine to make material provisions in 4Q20 in profit guidance - THE EDGE SINGAPORE

Results

Sembcorp Marine to make material provisions in 4Q20 in profit guidance

Sembcorp Marine (SembMarine) says it will be making material provisions in its financial results for the 4QFY2020.

A look back at 2020 - THE EDGE SINGAPORE

2020 in review

A look back at 2020

This is the year that many of us would want to forget, but ironically, we can’t.

Acromec says it expects losses for FY2020 in profit guidance - THE EDGE SINGAPORE

Company in the news

Acromec says it expects losses for FY2020 in profit guidance

In its profit guidance for the financial year ended Sept 30, Acromec has guided that it expects to report losses for the FY2020.

Global Economy

IMF cuts global growth outlook, cites trade war and weak Europe

DAVOS, Switzerland (Jan 21): The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failu

×