To The Moon

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.2%; AJBU rose 0.95%; M44U rose 0.92%; G13 rose 0.81%; U11 rose 0.4%. Stocks in Focus $Accrelist Ltd(QZG.SI)$: The Catalist-listed medical aesthetics and technology group, on Tuesday defended its proposed RM30 million (S$9.5 million) divestment of its stake in Malaysia-listed MClean Technologies. This followed queries from the Singapore Exchange over the transaction’s mechanics, pricing and the identities of the buyers. Accrelist shares fell 4.5 per cent to close S$0.008 lower at S$0.171 on Tuesday, before the news. $UMS(558.SI)$: The company called for its trading halt to be lifted after it announced a Malaysia placement of 59.4 m

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.1%; S58 rose 0.8%; C6L rose 0.7%; U11 rose 0.5%. Stocks in Focus $Mapletree Ind Tr(ME8U.SI)$: The trust is set to sell a data centre property in the US for about US$9.8 million in cash after current tenant DataBank Properties gave notice of its intention to exercise an option to purchase the building. Net proceeds from the sale may be used to pare down debts and/or fund working capital requirements, its manager said on Tuesday. Units of Mapletree Industrial Trust rose 0.5 per cent or S$0.01 to close at S$1.87 on Monday. $UMS(558.SI)$: called for a trading halt on Tuesday morning, pending the release of an announcement. Shares of

Market Snapshot Singapore stocks opened Higher on Monday. STI rose 0.2%; U11 rose 1.3%; O39 rose 0.8%; G13 rose 0.8% Stocks in Focus $Centurion(OU8.SI)$: The group has entered into a sale and purchase agreement to acquire Yan Woo Building in North Point, Hong Kong, for HK$364 million (US$46.4 million), it announced on Friday. Shares of Centurion ended flat at S$1.48 on Friday, before the announcement. $Oiltek(HQU.SI)$: The company on Monday said it had submitted an application for its proposed secondary listing on the Bursa Malaysia on Sep 25. The final structure, size and issue/offer price of the proposed offering will be determined at a later date, it noted, and will be announced in due course. The

Singapore stocks ended higher on Friday (Sep 25), led by gains across the three local banks. For the week, the STI gained 1 per cent. In terms of individual stocks, YZJ Maritime rose 5.1%; ST Engineering rose 4.2%; SIA Engineering rose 2.6%; Keppel rose 2.5%; SIA rose 2.2%; OCBC rose 2%; UOB rose 1.9%; DBS rose 1.5%; Singtel fell 1.6%. Market News Singapore Inflation Up for Third Month to Highest Since 2024 Singapore inflation accelerated for a third month in a row to the highest in almost two years, pushing prices closer to the upper end of the central bank’s forecast range. Core inflation, which excludes housing and private transportation costs, accelerated in August to 2.2% from a year earlier, the Singapore Department of Statistics said on Wednesday. That’s the highest since September

Market Snapshot Singapore stocks opened nearly flat on Friday, with the STI edging higher. UMS gained 1.8%, OCBC Bank rose 0.6%, UOL fell 0.8%, and JMH USD dropped 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Sep 25): Far East Orchard : The developer on Thursday said that Borough High Street Development, its UK joint venture, is set to buy a London property for £60 million (US$79.3 million). The site, known as King’s Place, will be developed into a 444-bed purpose built student accommodation and a separate eight-unit key worker accommodation block. Shares of Far East Orchard closed flat at S$1.06 on Thursday, before the news. CSE Global : The systems integrator said on Thursday that it has secured two electrificat

Market Snapshot On Thursday, September 24, Singapore stocks opened nearly flat. UMS rose 1.5% in early trading, Kep Infra Tr gained 1%, AEM SGD fell 2.4%, UOL dropped over 1%, JMH USD declined 0.7%, while Singtel, OCBC Bank and DBS edged lower. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Thursday (Sep 24): Keppel Real Estate Investment Trust (Reit) : The manager of the trust on Wednesday said that it has entered an agreement to sell T Tower – a freehold Grade A office building in Seoul – to a real estate fund based in South Korea, valued at 348.8 billion won (US$255.8 million). This price represents a 37.2 per cent premium to the property’s purchase price upon acquisition in April 2019, and a 7.4 per cent premium to its valuat

Market Snapshot Singapore's STI index fell rapidly by about 0.5% in early trading on Wednesday. $AEM SGD(AWX.SI)$ and $UMS(558.SI)$ rose more than 1%, while UOL gained 0.9%; on the other hand, OCBC Bank dropped more than 1%, DBS fell 0.75%, and JMH USD declined 0.5%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 23): SIA Engineering : Singapore Aero Engine Services Private Limited (SAESL), a joint venture between SIA Engineering and Rolls Royce, will offer 30 work-study diploma placements in 2027 to Institute of Technical Education, Republic Polytechnic and Temasek Polytechnic students. Additionally, a SAESL collaboration

Market Snapshot Singapore's STI opened slightly lower on Tuesday. AEM SGD surged more than 6%, UMS gained 1.8%, and DBS rose 0.2%. On the downside, JMH USD fell 0.9%, while Singtel, OCBC Bank, and UOL posted modest declines. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 22): Mapletree Logistics Trust (MLT) : Its manager on Monday said Mapletree Northwest Logistics Park (Phase 1 and 2) in Shanghai, China, will be sold for 323 million yuan (US$48.2 million), to an unrelated third party. The property has a combined gross floor area of about 37,558 square metres. MLT’s manager said its sale price is in line with its valuation price of 323 million yuan as at Mar 31. The proposed divestment is expected to be completed by

Market Snapshot On Monday, Singapore's STI opened flat. $AEM SGD(AWX.SI)$ surged nearly 5% in early trade, while UMS gained over 1%. DBS, OCBC Bank and UOL edged higher, whereas JMH USD fell over 0.5% and Singtel slipped 0.2%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Sep 21): Suntec Reit : The real estate investment trust (Reit) will focus on the growth of its Singapore assets while reducing its overseas exposure, starting with Australia. The Reit’s manager on Monday said it intends to sell three properties in Australia, located at 177 Pacific Highway, 21 Harris Street and 477 Collins Street. This follows a strategic review of its portfolio after the change of its s

This week, Singapore stocks continued to pull back, with the STI posting a weekly decline of 0.7%. Among individual stocks, $Bumitama Agri(P8Z.SI)$ surged more than 21% for the week, while $First Resources(EB5.SI)$ gained over 17%. On the downside, $IHH(Q0F.SI)$ plunged more than 11%, and $DFIRG USD(D01.SI)$ fell 10.86%. In addition, $YZJ Shipbldg SGD(BS6.SI)$ rose 3.82% for the week, $ST Engineering(S63.SI)$ added 1.86%, and $UOB(U11.SI)$ gained 1.26%.