SUTL Enterprise 3Q earnings rise 30% to $0.7 mil

SINGAPORE (Nov 9): SUTL Enterprise saw a 30% increase in net attributable profit to $657,000 for 3Q17 compared to $504,000 in 3Q16, which marina developer and operator attributes to its ongoing eff


SGX tops EY's regional IPO leader board for 3Q with US$1.7 bil in proceeds

SINGAPORE (Sept 28): The Singapore Exchange (SGX) has emerged as Asean’s top initial public offering (IPO) market performer for the third quarter of 2017 with proceeds of US$1.7 billion ($2.3 billi

Singapore economy

Maybank expects flash 3Q GDP at 3.8% as manufacturing charges ahead

SINGAPORE (Sept 26): GDP growth is expected to strengthen significantly in the third quarter with flash estimates seen coming in at +3.8%, up sharply from the +2.9% in 2Q, predicts Maybank Kim Eng.

Singapore Budget

Outlook on Manulife US REIT remains positive after a ‘respectable’ quarter

SINGAPORE (Feb 13): Although Religare is still in the midst of reviewing its latest rating on Manulife US REIT, the research house says it remains upbeat on the REIT’s outlook given how its 4Q16 re

Broker's Calls

Hold your horses on SingPost, advise brokerages

SINGAPORE (Feb 13): UOB Kay Hian, Maybank Kim Eng and OCBC Investment Research are unanimously maintaining their “hold” calls on Singapore Post (SingPost) after the provider of mail, logistics and

Broker's Calls

Don’t be too heartened by SIA’s fuel hedging move yet, say analysts

SINGAPORE (Feb 9): UOB Kay Hian maintains its “hold” rating in Singapore Airlines (SIA) while raising its target price on the stock to $10.40 from $10.10 previously, following the release of the ca


Cordlife sinks into the red in 1Q on absence of one-off gains

SINGAPORE (Nov 11): Cordlife Group posted $0.6 million in losses in 1QFY17, reversing from earnings of $7.3 million a year ago due to the absence of one-off fair value gains.

The stars are aligning for this entertainment stock

SINGAPORE (Nov 11): RHB is keeping its “buy” call on Spackman Entertainment Group” at a target price of 22 cents, with the view that the stock’s outlook is currently at its best since its initial p


Vard’s 3Q losses narrow to $13.5 mil on loss provisions

SINGAPORE (Nov 11): Specialist shipbuilder Vard Holdings posted losses of NOK80 million ($13.5 million) for 3Q16, narrowing 84% from NOK486 of losses in the same period a year ago.


ST Engineering’s 3Q earnings fall 42% to $76.7 mil on one-off impairment charge

SINGAPORE (Nov 10): ST Engineering, the engineering solutions provider, posted a 42% decline in 3Q16 earnings to $76.7 million from $133.3 million a year ago.

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