Updates from Singapore Business Review: Singtel's Bharti Airtel, Amazon Web Services to launch cloud solutions Uploaded By: Alyssa Divina Submitted By: Staff Reporter Case Study: No Airtel Cloud will build an AWS Cloud Practice supported by AWS Professional Services. Singtel’s Indian associate Bharti Airtel (Airtel) has entered into a multi-year, strategic collaboration agreement (SCA) with [...]
Updates from Singapore Business Review: UOB's net profits down 30% to $1.56b in H1 Uploaded By: Frances Gagua Submitted By: Staff Reporter Case Study: No The lender has set aside more allowances for further macroeconomic deterioration. United Overseas Bank’s (UOB) net profits crashed 30% YoY to $1.56b in H1 from $2.22b a year earlier, the [...]
Singapore Business Times (companies-markets): Alibaba Pictures plans to delist from SGX on Dec 4 DUAL-LISTED Alibaba Pictures Group on Wednesday said it plans to delist from the Singapore Exchange's mainboard on Dec 4, 2020.
Singapore Business Times (companies-markets): Stocks to watch: DBS, UOB, Wilmar, Sembcorp, Sembmarine, Singtel THE following companies saw new developments that may affect trading of their securities on Thursday:
Singapore Business Times (companies-markets): Sembcorp, Sembmarine urge investors to vote in favour of demerger SEMBCORP Industries (SCI) and Sembcorp Marine (SMM) are calling on their shareholders to vote in favour of the proposed S$2.1 billion recapitalisation for the offshore and marine engineering group, and a demerger from each other that will result in Temasek Holdings [...]
Updates from Singapore Business Review: DBS' H1 net profit nosedives 26% to $2.41b Uploaded By: Alyssa Divina Submitted By: Staff Reporter Case Study: No The bank has cast aside $1.26b to bolster its balance sheet. DBS has posted a 26% YoY crash in its net profit to $2.41b in H1 from $3.25b in H1 2019 [...]
Singapore Business Times (companies-markets): ESR-Reit will not raise offer price for Sabana in proposed merger ESR-REIT does not intend to increase the scheme consideration for its proposed merger with Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), its manager said in a bourse filing on Thursday.
Updates from Singapore Business Review: Daily Briefing: Singapore to widen range of visitors as tourism wanes; COE prices close higher across all categories Uploaded By: Janine Ballesteros Submitted By: Janine Ballesteros Case Study: No And Singapore-listed KS Energy CEO charged with market rigging offences. From Bloomberg: Singapore is seeking to open the door to a [...]
Singapore Business Times (companies-markets): Singapore Medical Group H1 profit nearly halves to S$3.5m on lower revenue SINGAPORE Medical Group (SMG) posted a 49.5 per cent drop in net profit to S$3.5 million for its first six months ended June 30, 2020, from S$6.8 million a year ago.
Singapore Business Times (banking-finance news): UOB's Q2 net profit down 40% on weaker income and higher provisions; DPS at 39 cents with scrip scheme applied UOB on Thursday posted a 40 per cent drop in second-quarter net profit, hurt by weaker income and a surge in provisions.