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2020
Aviation & Engineering
SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments
To date, the airline has used $8.2 bil of its $8.8 bil rights issue proceeds.
March 01, 2021
Results
Property segment boosts Tuan Sing to 55% increase in FY20 earnings of $52.4 mil
FY2020 net profit was up by 78% y-o-y to $59 million, with its property segment resilient throughout Covid-19.
February 26, 2021
Results
United Hampshire US REIT posts 2H20 DPU of 3.03 US cents, 1.3% above IPO forecast
Units in United Hampshire REIT closed 0.5 cent higher or 0.8% up at 66 cents on Feb 26.
February 26, 2021
Results
Sembcorp Marine to make material provisions in 4Q20 in profit guidance
The group’s results will be released on Feb 23.
February 18, 2021
Company in the news
Acromec says it expects losses for FY2020 in profit guidance
The company’s unaudited financial results for the FY2020 will be released on or before Nov 27, 2020.
November 20, 2020
Global Economy
IMF cuts global growth outlook, cites trade war and weak Europe
DAVOS, Switzerland (Jan 21): The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilise a s
January 22, 2019