THE ongoing credit situation in China’s property sector contributed to the S$36.3 million impairment losses taken in Metro Holdings’ financial year ended March 31, 2022, the property group said on Sunday (Jul 17).

THE ongoing credit situation in China’s property sector contributed to the S$36.3 million impairment losses taken in Metro Holdings’ financial year ended March 31, 2022, the property group said on Sunday (Jul 17).

PhillipCapital Research analyst Paul Chew has upgraded Hyphens Pharma from “accumulate'' to “buy” as he sees digital healthcare being a new growth and stock catalyst.“Hyphens Pharma’s underlying growth strategy is to be a leading portfolio of proprietary skin health products and brands acr...

“DocMed is focusing on capturing opportunities in healthcare digitalisation and developing new digital assets. We anticipate a bright future for this business,” he adds.in the digital evolution of healthcare in the region and that there are mutual synergies for both parties.“We see growth oppo...

PROPERTY player Metro Holdings on Friday (May 27) posted a 68.4 per cent fall in net profit for the second half ended Mar 31, dragged by lower revenue, impairment losses and a lower share of profit from joint ventures.

Metro Holdings announced a 35.5% y-o-y decline in net profit after tax of $23.7 million in FY2022 for the 12 months to March 31. This was mainly due to providing an impairment loss of $36.3 million on the amounts due from associates on the co-investments with BentallGreenOak (BGO) due to the ongoing...

CATALIST-LISTED Hyphens Pharma International on Friday (May 27) said property and retail company Metro Holdings has agreed to invest S$6 million for a 10 per cent stake in the former’s digital healthtech unit DocMed Technology.

MAINBOARD-LISTED Metro Holdings will continue to diversify its portfolio and grow its presence in different markets as the world gradually loosens restrictions and makes the transition to endemic living.

METRO Holdings M01 has formed a strategic tie-up with Japanese real estate player Daiwa House Industry to deepen investment collaboration in various asset classes, following the Singapore-listed group's S$41.3 million investment in Daiwa House Logistics Trust for a 7.65 per cent stake....

Metro Holdings has formed a strategic collaboration with Tokyo Stock Exchange-listed Daiwa House Industry Co, to explore further investment collaboration in property asset classes ranging from logistics, commercial and housing in markets across the Asia Pacific region. It follows Metro’s investmen...

Daiwa House Logistics Trust's (DLHT) public offer will close on Wed Nov 24, 2021) at 12.00 pm. The REIT will commence trading on a “Ready” basis on Fri Nov 26, 2021 at 2.00 pm. DLHT’s annualised distribution per unit yield in 2021 is forecast to be around 6.3%, rising to 6.5% in 2022. The IPO ...

Market observers rueing another lull year for IPOs in the Singapore market might see a slight uptick in activity as the year draws to a close. This time last year, Nanofilm Technologies International’s big listing, which vaulted it to unicorn status, sparked optimism that the IPO drought will end ...

Daiwa House Logistics Trust (DHLT) has lodged its prospectus. It is the first REIT - albeit modestly sized - to attempt an IPO since the listing of United Hampshire US REIT in March last year. The initial portfolio of DHLT is likely to comprise 14 logistics properties in Japan with a net lettable ar...

PROPERTY and retail group Metro Holdings' net profit for the 6 months ended Sept 30, 2021 (H1 FY2022) shrank 7.3 per cent year-on-year to S$18.33 million.

MAINBOARD-listed property investment and development group Metro Holdings on Friday (Oct 22) evening announced a series of investments across key markets in Australia, Singapore and Indonesia to stay resilient.