SINGAPORE (July 6): Starburst, the engineering group specialising in firearms-training facilities says it has been awarded a $13.1 million contract for upgrading a tactical training mock-up facility in Southeast Asia. Dated June 30, and signed on July 6, the contract was signed by Starburst’s whol...

(July 3): A new mandate to govern Singapore during the pandemic can bode well for the nascent rebound in the nation’s US$383 billion ($533.83 billion) stock market. Shares of companies tied to the government’s efforts to restore the economy and make it more resilient and digitized are set to b...

SINGAPORE (June 30): Phillip Capital analyst Timothy Ang anticipates a quiet bond market this week as investors wait with baited breath for Fed Chairman Jerome Powell’s testimony to congress (Wednesday), URA’s q-o-q results (Wednesday) and key data on the Singapore economy (Friday) later this we...

SINGAPORE (June 30): CGS-CIMB Securities is initiating coverage on Elite Commercial REIT (ECR) with an “add” or “buy” call of £0.761 ($1.30). This is believed to give the stock a 12.7% upside from its £0.675 closing, analysts Lock Mun Yee and Darren Ong say in a June 26 note. “ECR offer...

THE local bond market is opening up nicely with hot demand for the Singapore Technologies Telemedia (STT) perpetual deal, which has come hot on the heels of Swiss Re's S$350 million 15-year issue at 3.125 per cent done on Wednesday, pulling in orders of more than S$1.4 billion.

THE local bond market is opening up nicely with hot demand for the Singapore Technologies Telemedia (STT) perpetual deal, which has come hot on the heels of Swiss Re's S$350 million 15-year issue at 3.125 per cent  done on Wednesday, pulling in orders of more than S$1.4 billion. 

SINGAPORE (June 19): While overall profit will decline on weaker demand, supply chain, as well as workforce disruption owing to the Covid-19-induced lockdowns around the world, RHB analyst Shekhar Jaiswal believes the reopening of the economy following the circuit breaker measures should bring profi...

SINGAPORE (June 17): Singapore Technologies Engineering (ST Engineering) announced Wednesday that its smart lighting solution and on-demand autonomous buses have been recognised as winning solutions for its customers at the IDC Smart City Asia Pacific Awards (SCAPA) 2020. The awards recognise the to...

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THE following companies saw new developments that may affect trading of their securities on Monday: