Isetan Singapore

New appointments

Isetan appoints new managing director to oversee its business

Hiramatsu replaces former managing director Koji Oyama, who retired on April 28.


Troubles mount for Isetan as FY19 losses double to $27.2 mil on impairment charges

Despite the losses, the group is proposing a final tax-exempt cash dividend of five cents per ordinary share for FY2019, unchanged from FY2018.

Broker's Calls

Starhill Global REIT poised for stronger income on the back of potential investments: CGS-CIMB

SINGAPORE (Oct 7): CGS-CIMB Research is keeping its “hold” recommendation on Starhill Global REIT (SG REIT) with a lower target price of 75 cents, down from 79 cents previously, on expectations of muted near-term growth due to the weak economy.

Company in the news

Isetan confirms interest from Starhill Global for Wisma Atria stake; shares surge to multi-year high

SINGAPORE (Sept 10): Isetan Singapore confirmed that it has received an expression of interest (EOI) from the manager of Starhill Global REIT to acquire the company’s stake in Wisma Atria.