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Tan Chong reverses from loss to HK$11.7 million profit in H1
[SINGAPORE] Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing a net loss of HK$35.9 million...
Wing Tai narrows H2 net loss to S$71.1 million
[SINGAPORE] Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from S$99.2 million a...
Mercedes-Benz offloads Nissan stake for US$325 million
[TOKYO] The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with direct knowledge of the matter said...
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’[SINGAPORE] Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related to...
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe
[SINGAPORE] Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related to Brazil’s corruption crackdown, Operation Car Wash.
In 2022, Seatrium had made provisions of...
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
Published Tue, Aug 26, 2025 · 05:56 PM[HONG KONG] HSBC has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug...
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment [SINGAPORE] Local biotech startup Mirxes on Monday (Aug 25) posted a net loss of US$28.4...
Frasers Property unit to buy rest of Yishun 10 mall from Frasers Centrepoint Trust for S$34.5 million
[SINGAPORE] Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT).This comes after Frasers Property, FCT’s...
