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Month: June 2025

Posted on 27/06/2025

Info-Tech Systems launches IPO at S$0.87 apiece, marks SGX’s first mainboard listing in two years

SINGAPORE] Software services firm Info-Tech Systems has launched its initial public offering (IPO) of 24,856,000 shares at S$0.87 each, in conjunction with its mainboard listing on the Singapore ...

Posted on 27/06/2025

NTT DC REIT has lodged preliminary prospectus to list on Singapore Exchange

Japan's Nippon Telegraph and Telephone Corp (NTT) has lodged a preliminary initial public offering (IPO) prospectus for its data centre real estate investment trust NTT DC REIT on the Singapore stock ...

Posted on 27/06/2025

‘Slightly good chance’ of STI crossing 4,000 again in 2H2025, but watch for banks’ results: OCBC’s Carmen Lee

Lee draws a link between the STI’s psychological 4,000-point mark and market sentiment for new listings. “I feel the IPO market tends to come alive very strongly when the market is up.” ...

Posted on 27/06/2025

Singapore case against three on AI chip fraud charges adjourned until Aug 22

Singapore's case against three men linked by local media to the illegal transfer of Nvidia's AI chips from Singapore to Chinese artificial intelligence firm DeepSeek has been adjourned until Aug 22, ...

Posted on 27/06/2025

DBS lowers target price for Aztech Global to 38 cents on slowing orders

Ling Lee Keng of DBS Group Research has maintained her "fully valued" call on Aztech Global but with a reduced target price of 38 cents, from 52 cents, citing further deterioration of order momentum. ...

Posted on 27/06/2025

3 things to note as an independent director in a family business

The company comes first, but keep a close watch on the family dynamics, says panel. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/06/2025

Singapore LTE users want wider coverage – ZDNET

Singapore mobile users who have switched to long-term evolution (LTE) phones are pleased with the high-speed connection, but find network coverage lacking in some parts of the city-state. The ...

Posted on 27/06/2025

Morgan Stanley projects RoE to rise to 14% for Singapore by 2030

The investment bank has reaffirmed its overweight rating on Singapore, citing these improving fundamentals as key to its bullish outlook. Singapore’s stock market could see a major re-rating over the ...

Posted on 27/06/2025

Singapore market on ‘solid footing’: Maybank

Given clear near-and-medium term catalysts, the analysts see that the STI should trade higher, thus raising their end-2025 target to 4185 from 4020.

Posted on 27/06/2025

Netflix & Chill Is Out: Here Are The Hottest Live Shows And Concerts Happening In Singapore For The Rest Of The Year

Looking for the best concerts and live shows in Singapore for 2025? Here are the top events you don’t want to miss from June to December.

Posted on 27/06/2025

New body to oversee city-state’s payment schemes

Singapore announced the incorporation of a new entity that will administer and oversee the Republic's eight national payment schemes, such as Fast, Giro, PayNow and SGQR.

Posted on 27/06/2025

Singapore Airlines CEO Goh Choon Phong drops to $5.5M despite profit growth

Goh’s latest compensation package includes a SGD1.5 million salary and SGD3.1 million in bonuses, which both went up, according to The Business Times. An Airbus A350-941 from Singapore Airlines ...

Posted on 27/06/2025

Singapore sets up SPaN to oversee national payment schemes

The SPaN, which will be operational by 2026, will strengthen the governance of both national and cross-border payment schemes.

Posted on 27/06/2025

Billionaire Charoen’s Frasers Property, Partners Offer Top Bid Of $387 Million For Prime Singapore Plot

Frasers Property has been stepping up residential developments to tap into pent-up demand for luxury homes in Singapore. Last November, it partnered with Sekisui House to redevelop a serviced ... ( read original story ...)

Posted on 27/06/2025

Maiden plot in Singapore’s Bukit Timah Turf City snags nine bids as developers jostle for first-mover advantage

SINGAPORE: A consortium led by Frasers Property, Sekisui House and CSC Land Group (Singapore) has submitted a top bid of S$491.5 million in a hotly contested tender exercise for the first residential ... ( read original story ...)

Posted on 27/06/2025

Singapore’s new blueprint lets residents choose ideal home more freely

Singapore’s latest draft masterplan will give residents greater flexibility in choosing an ideal living environment across the island, with amenities – as well as workspaces in some cases – located ... ( read original story ...)

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