Singapore Press Holdings (SPH) reported a 32.1 percent rise in first-quarter net profit, boosted by investment income of $12.4 million comprising mainly gains on divestment.
Far East Hospitality Real Estate Investment Trust said it entered into an agreement to acquire a 65-year leasehold estate in Oasia Hotel Downtown for S$210 million.
German carmaker Audi is betting big on car rental services, with Singapore becoming its new destination for the premium "Audi on demand" renting services.
OUE Lippo Healthcare, the unit of OUE Ltd, said it would raise S$78.75 million through a proposed placement of 562.5 million shares to Japanese trading firm ITOCHU Corp.
Engineering services firm Rotary Engineering's controlling shareholder, the Chia family group, has succeeded in taking the mainboard-listed company private.