Company News – Latest Companies news and Analysis IBTimes Singapore

CapitaLand fourth quarter profits plunge 40%

CapitaLand Q3 profit rises on portfolio, fair value gains

Realty company CapitaLand on Wednesday reported a 28 percent rise in third-quarter profit, helped by fair value and portfolio gains.

Nov 8, 2017

By Aastha Agnihotri

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines second-quarter profit surges 193%

Singapore Airlines on Tuesday said its second-quarter net profit jumped about 193 percent, helped by strong performance of Parent Airline and SIA Cargo.

Nov 7, 2017

By Aastha Agnihotri

Perennial Real Estate profit soars in third-quarter

Perennial Real Estate Holdings on Tuesday reported a surge in third-quarter profit, boosted by share of results from its associated company, Yanlord Perennial Investment, which launched an offer for United Engineers.

Nov 7, 2017

By Aastha Agnihotri

5 things you need to know about Razer IPO

Gaming hardware maker Razer Inc is eyeing for a Hong Kong initial public offering that could value the company at as much as $5 billion.

Nov 7, 2017

By Aastha Agnihotri

Vallianz Holdings Q2 profit skyrockets, shares surge

Vallianz Holdings, a provider of offshore support vessels to the oil and gas industry, said profit surged by more than 400 percent in the second quarter.

Nov 7, 2017

By Aastha Agnihotri

OCBC first Singapore lender to launch face ID recognition for mobile app

OCBC Bank's retail and business banking customers can now log into the bank's app via their Apple iPhone X.

Nov 7, 2017

By Aastha Agnihotri

Genting Singapore reports Q4 loss of S$7.8 million

Genting Singapore Q3 profit jumps 24%; shares gain

Casino operator Genting Singapore said third-quarter net profit jumped 24 percent from last year, powered by continued strength at its gaming business.

Nov 7, 2017

By Aastha Agnihotri

Singapore "haze" crisis improves, returns to moderate range

Ascendas Hospitality quarterly DPS gains 2.9%

Hotel owner Ascendas Hospitality Trust on Monday reported a 2.9 percent rise in second-quarter distribution per stapled security (DPS), helped by growth in revenue and lower finance costs.

Nov 6, 2017

By Aastha Agnihotri

Singapore to cut off internet access for gov't workers from 2017

Keppel Data Centres partners with SGIX to boost Singapore's network connectivity

Keppel Data Centres on Monday announced a partnership with the Singapore Internet Exchange Ltd (SGIX) to enhance network connectivity in Singapore.

Nov 6, 2017

By Aastha Agnihotri

Singapore: Police arrest 6 men for selling counterfeit items, 45 fake gold bars seized

CNMC Goldmine starts trial production at Malaysia's Sokor gold field

Gold producer CNMC Goldmine Holdings on Monday said it completed the construction of its carbonin-leach (CIL) plant at its Sokor gold field in Kelantan, Malaysia.

Nov 6, 2017

By Aastha Agnihotri

Toast Box owner BreadTalk Q3 profit rises 22.2%

Food and beverage maker BreadTalk Group on Monday reported a 22.2 percent jump in third-quarter profit as the group continued its focus on profitable segments while exiting underperforming businesses.

Nov 6, 2017

By Aastha Agnihotri

Noble Group to report Sept-quarter results on Nov 9

Embattled commodity trader Noble Group on Monday said it would report its financial results for the nine months ended September 30 on November 9.

Nov 6, 2017

By Aastha Agnihotri

DBS Q3 profit falls on higher provisioning for bad energy loans

Singapore's biggest banking group, DBS, said its third-quarter net profit fell 23 percent on the back of increased provisioning for bad loans for the troubled oil and gas services sector.

Nov 6, 2017

By Aastha Agnihotri

Billionaire Peter Lim backed Rowsley swings to Q3 loss

Billionaire Peter Lim backed real estate services provider Rowsley on Friday swung to a third-quarter loss, owing to a $7.9 million fair value loss.

Nov 3, 2017

By Aastha Agnihotri

United Industrial Q3 profit climbs on higher property sales

Property developer United Industrial Corp on Friday said net profit jumped 49 percent in the third-quarter, helped in part by the higher revenue from property sale.

Nov 3, 2017

By Aastha Agnihotri