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EWS News16 articles
Rentokil Stake Reduced by GIC Amid Leadership Transition and North America Focus
Singapore's GIC Private Limited reduced its holding in Rentokil Initial to 3.25% following the company's 2025 financial results, which included revenue of $6.91 billion and a $201 million provision for termite damage claims. The pest-control giant also announced a CEO transition, with Mike Duffy set to take over on March 16.
Electro Optic Systems Surges 14% on Singapore Laser Hub Launch, Eyes Key Results
Electro Optic Systems Holdings Ltd saw its stock climb 13.7% to A$7.16 following the official opening of its high-energy laser weapon hub in Singapore. Investors await audited financial results expected around February 19.
Hongkong Land Shares Gain on Share Buyback Activity Ahead of Annual Results
Hongkong Land Holdings advanced 2.4% in Singapore trading following a regulatory filing disclosing a share repurchase. Investors await the firm's annual results on March 5 for insights on capital returns and Hong Kong office market conditions.
Jardine Matheson Shares Retreat Amid Insider Purchase and Earnings Anticipation
Jardine Matheson Holdings declined 1.6% in Singapore trading as investors assessed a director's share acquisition ahead of the conglomerate's upcoming annual results.
Singapore Airlines Shares Dip Ahead of Quarterly Business Report
Singapore Airlines shares declined 0.3% to S$6.78 amid moderate trading volume, with investors awaiting the carrier's third-quarter business update on February 24 for insights on demand and Air India performance.
ST Engineering Holds Near All-Time High Ahead of Key Earnings Report
ST Engineering shares hover near record levels as investors await full-year results on Feb 27, following a series of product announcements at the Singapore Airshow.
Singtel Gains on AI Data Centre Launch Amid Cyberattack Concerns
Singtel shares rose slightly as its Nxera unit opened Singapore's largest AI-ready data centre, while authorities disclosed a cyberattack affecting major telecom operators.
Sembcorp Gains Ahead of FY2025 Report, Investors Eye Alinta Deal Progress
Sembcorp Industries shares advanced 0.7% to S$6.09 in Singapore trading as markets await its full-year results on February 25. Focus remains on regulatory approvals for its pending acquisition of Australia's Alinta Energy.
Jardine Matheson Gains in Singapore Amid Indonesia Mine Permit Negotiations
Jardine Matheson shares advanced 1.1% in Singapore trading as Indonesia engages in talks over the revoked permits for the Martabe gold mine, operated by its subsidiary Agincourt Resources.
Yangzijiang Shipbuilding Recovers 2.5% Following Prior Week's Sharp Decline
Yangzijiang Shipbuilding shares advanced 2.5% to S$3.24 in Singapore trading, partially recovering from a 6.2% drop on Friday. Market focus shifts to the firm's upcoming earnings report on March 4 for insights into order flow and profitability.
Singapore Airlines Gains as Oil Retreats; Q3 Update Looms
Singapore Airlines shares advanced over 1% as easing crude prices offered cost relief. Investors await the carrier's third-quarter business update scheduled for February 24.
SGX Shares Surge on Strong Earnings and Dividend Announcement
Singapore Exchange shares gained nearly 3% following robust first-half results and confirmation of its interim dividend schedule, with investors eyeing the upcoming ex-dividend date.
Keppel Shares Surge to Multi-Year Peak on Strong Earnings and Dividend Boost
Keppel Ltd shares rallied 3.7% to S$12.07, reaching a 12-year high, following a 39% jump in annual net profit and a proposed dividend payout of 47 Singapore cents per share. Analysts have raised price targets citing robust fee growth and asset sales.
ST Engineering Soars to Record High on Airshow Deal Momentum
ST Engineering shares surged past S$10 to a new peak, fueled by a series of Singapore Airshow contracts. Investors now await the group's full-year 2025 results due later this month.
Maersk's Gloomy Outlook Sinks Yangzijiang Shipbuilding Shares
Yangzijiang Shipbuilding shares plunged 6.2% following a profit warning and cost-cutting plans from shipping giant Maersk, highlighting renewed freight rate concerns.
OCBC Shares Dip Ahead of Key Earnings Report Under New Leadership
OCBC shares declined 1.03% on Friday amid broader market weakness, with investors now focused on the bank's upcoming full-year results on February 25.