Latest News & Market Updates | The Edge Singapore
WEBThe Edge Singapore is a source of business news, market movements, and financial insights for the fast-paced world of finance. Find out the latest contracts, banking, US …
The Edge Singapore | News, Business Insights, Investment Strategies
WEBThe Edge Singapore is a source of news, insights and analysis for investors and business professionals. Find the latest stories on F&B stocks, contracts, banking, economy, …
Singapore News, Regional Corporate News & Economic Trends
WEBThe Edge Singapore covers the latest news, contracts, US economy, global stocks, Asean, regulatory action, cybersecurity, Japan, currencies, UK, climate change and more. Find …
Banks eye a slice of Malaysia's prosperity, but can everyone benefit?
WEBAug 22, 2024 — Geopolitics, trade wars, spillover demand from Singapore and growing investor confidence in Malaysia. With declining interest rates threatening banks’ profitability, local and regional players are ready to battle it out for a slice of the country’s incoming investments. It is undisputed that Southeast Asia has become the world’s economic ...
Food Empire to receive US$40 mil capital injection from Ikhlas …
WEBAug 21, 2024 — Food Empire Holdings will receive a capital injection of US$40.0 million ($52.20 million) through a partnership with Asean-focused private equity fund manager Ikhlas Capital. According to an Aug 20 announcement, the capital injection is expected to drive capital expenditure and mergers and acquisitions …
Singapore Institute of Advanced Medicine Holdings to report ...
WEBJul 31, 2024 — On March 17, the company said it planned to repay its loans of some $3.4 million by issuing new shares to its creditors at 9 cents per share. The amount stood at a 10% discount off the volume-weighted average price (VWAP) per share of five consecutive market days ending on the full market day when the …
Genting Singapore’s 1HFY2024 earnings up 29% y-o-y to $357 mil
WEBAug 14, 2024 — Genting Singapore has posted earnings of $357 million for the 1HFY2024 ended June, up 29% from the same period last year. The company delivered a 1HFY2024 revenue of $1.35 billion, a 25% growth y-o-y. Adjusted ebitda improved 26% y-o-y to $570.8 million. Gaming revenue grew by 28% y-o-y to $957.6 million, while non-gaming revenue grew 19% y-o-y ...
Another CEO takes helm at 17Live, but core objectives stay firm
WEBNot even two months after its merger with spac firm Vertex Technology Acquisition Corp (VTAC), live-streaming platform operator 17Live announced on Jan 26 the resignation of its CEO Alex Lien. The company’s co-founder Joseph Phua then swiftly took charge, replacing Lien to manage 17Live’s day-to-day business.
Manulife US REIT lives to fight another day following EGM vote
WEBDec 14, 2023 — Manulife US REIT's unitholders voted overwhelmingly for all three resolutions. Resolution 1 was the sale of Park Place to the sponsor for US$98.7 million ($131.17 million). Resolution 2 — over which there was much debate — was to approve the sponsor loan of US$137 million at an interest rate of …
What’s the secret sauce in F&B stocks?
WEBFrom Hainanese chicken rice to fish head curry and nasi lemak, Singaporeans take great pride in their food, which is a cornerstone of their national identity. This passion shines through in how we eagerly share our favourite food haunts, debate over the best versions of local dishes and engage in passionate banter with neighbouring countries ...
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