News•Mar 2, 2026
UMS Buys Out Aluminium Alloy Products Supplier
UMS Integration has purchased the remaining 30 per cent stake in Starke Singapore for S$8.2 million, making the aluminium alloy supplier a wholly‑owned subsidiary. The deal will be financed through internal cash reserves and/or bank borrowings and is not expected to materially affect UMS's net tangible assets or earnings per share for FY2026. Starke contributed roughly S$985,450 of net profit in FY2025, and its managing director stepped down following the transaction. UMS shares rose 3.4 per cent to S$1.50 after the announcement.
By The Business Times (Singapore) – Companies & Markets
News•Mar 2, 2026
Reits that Don’t Trade Well Should Be Privatised, or Sell Assets and Be Liquidated
OUE Real Estate Investment Trust is weighing a sale of its flagship asset, One Raffles Place, which is priced between S$2.3 billion and S$2.4 billion. The trust holds an effective 68 percent interest, contributing roughly 25 percent of its portfolio revenue, yet trades S$0.56 below net...
By The Business Times (Singapore) – Companies & Markets
News•Mar 2, 2026
Intermediaries See Shift to Fixed Income Ahead of Rate Cuts, Eye New Markets for Growth: BOS Survey
A Bank of Singapore survey of 90 senior intermediaries across Singapore, Greater China and Dubai shows a clear shift toward fixed‑income products as investors brace for anticipated rate cuts. One‑third of respondents expect rising demand for bonds, while alternative investments...
By The Business Times (Singapore) – Companies & Markets
Deals•Mar 2, 2026
UMS Integration Acquires Remaining Stake in Starke Singapore for S$8.2M
Singapore precision engineering group UMS Integration bought the remaining 30% stake in aluminium alloy supplier Starke Singapore for S$8.2 million, making Starke a wholly‑owned subsidiary. The acquisition, funded by internal resources and/or bank borrowings, is expected to have minimal impact...
The Business Times (Singapore) – Companies & Markets
News•Mar 1, 2026
Liquidity and Capital – Institutional Participation Continues to Broaden Across SGX
Singapore Exchange’s listed equities posted an average daily turnover of S$1.7 billion in the first two months of 2026, reflecting heightened market activity. Institutional investors were net buyers in industrials, technology, materials and other sectors, while retail investors favored financial services,...
By The Business Times (Singapore) – Companies & Markets
News•Feb 24, 2026
Wall St Muted After Anthropic Announces New AI Tools
Anthropic announced ten new AI plug‑in tools aimed at investment‑banking, private‑equity, engineering and design workflows. The rollout follows recent AI releases that sparked a sell‑off in traditional software stocks. Wall Street’s major indexes barely moved on the news, with the...
By The Business Times (Singapore) – Companies & Markets
News•Feb 24, 2026
OUE Reit to Acquire a 19.9% Interest in Salesforce Tower in Sydney for S$175 Million
OUE REIT announced the acquisition of a 19.9% stake in Sydney’s Salesforce Tower for S$175 million, valuing the asset at roughly S$319.8 million. The deal is expected to generate an initial passing yield of about 5.8% and lift distribution‑per‑unit by 0.9% on...
By The Business Times (Singapore) – Companies & Markets
News•Feb 24, 2026
Del Monte Pacific Reaches Settlement with US Unit’s Creditors, Is Not Expected to Recover Equity Interests
Del Monte Pacific announced a settlement with the creditors of its U.S. unit, Del Monte Foods, after a Chapter 11 court approved the sale of all operating assets. The deal, part of a broader restructuring, confirms a full $703.5 million impairment of the U.S....
By The Business Times (Singapore) – Companies & Markets
News•Feb 24, 2026
Buffers for Greater China, US Exposures ‘More than Adequate’ as Bad-Debt Formation Slows in Q4: UOB
UOB's CFO Leong Yung Chee said the bank's provisions for commercial‑real‑estate exposures in Greater China and the United States are more than adequate as bad‑debt formation slowed in Q4 2025. Problematic US CRE loans represent about 1% of the local...
By The Business Times (Singapore) – Companies & Markets
Deals•Feb 24, 2026
OUE Reit to Acquire 19.9% Stake in Salesforce Tower for S$175 Million
Singapore-listed OUE Reit announced it will acquire a 19.9% interest in the Salesforce Tower in Sydney for S$175 million, valuing the stake at about S$319.8 million. The acquisition is expected to be yield‑accretive and increase the REIT’s portfolio value to S$6.1 billion. The...
The Business Times (Singapore) – Companies & Markets
News•Feb 23, 2026
AIA, EPF Among Potential Cornerstone Investors for Sunway Healthcare’s RM3 Billion IPO: Sources
Sunway Healthcare Holdings is preparing a RM3 billion IPO, the largest in Malaysia in nearly a decade, with the prospectus slated for release later this week. The company is courting more than 20 institutions, targeting at least 17 cornerstone investors such...
By The Business Times (Singapore) – Companies & Markets
Deals•Feb 23, 2026
Gilead Sciences to Acquire Arcellx for up to $7.8B
Gilead Sciences announced it will acquire biotech Arcellx in a cash deal valued at up to $7.8 billion, paying $115 per share plus a contingent $5 per share based on future sales. The acquisition aims to strengthen Gilead's cancer drug pipeline,...
The Business Times (Singapore) – Companies & Markets
Deals•Feb 23, 2026
Sunway Healthcare Targets RM3 Billion IPO, AIA and EPF Among Potential Cornerstone Investors
Sunway Healthcare, a leading private healthcare provider in Malaysia, announced plans for an IPO that could raise over RM3 billion, the largest in the country in nearly a decade. AIA and Malaysia’s Employees Provident Fund are among more than 20...
The Business Times (Singapore) – Companies & Markets
Deals•Feb 23, 2026
CapitaLand Ascott Trust Expands Japan Portfolio with ¥4.6B Acquisition
CapitaLand Ascott Trust announced the acquisition of a Japanese property portfolio for 4.6 billion yen, expanding its holdings in Japan. The deal underscores the REIT's strategy to grow its hospitality assets in the region.
The Business Times (Singapore) – Companies & Markets
News•Feb 22, 2026
Hollywood Merger Threatens Movie Theatres Just as They Recover
Netflix is pursuing a takeover of Warner Bros Discovery, a move that could reshape theatrical release windows just as cinemas rebound from pandemic‑induced losses. Analysts warn that a shorter exclusive‑theatre period would erode box‑office revenues for operators like AMC, Cinemark...
By The Business Times (Singapore) – Companies & Markets
News•Feb 22, 2026
Indonesia Faces Record Share Sales to Meet Free-Float Goal
Indonesia must orchestrate a record‑size share sale to lift the free‑float of 267 listed firms to at least 15%, up from the current 7.5% floor. The Indonesia Stock Exchange estimates the required issuance will total about 187 trillion rupiah (approximately S$14 billion),...
By The Business Times (Singapore) – Companies & Markets
Deals•Feb 20, 2026
Funko Secures Investment From Pleasant Lake
Toymaker Funko has attracted investment from Pleasant Lake, a deal-focused investor. The funding will support Funko's growth and product expansion.
The Business Times (Singapore) – Companies & Markets
Deals•Feb 20, 2026
Del Monte Pacific Settles with US Unit's Creditors, Sells DMF Assets
Del Monte Pacific announced a settlement with the creditors of its US unit Del Monte Foods, approved by the US Bankruptcy Court on Feb 20. The settlement includes the sale of all DMF operating assets, with the broth and stock business...
The Business Times (Singapore) – Companies & Markets
News•Feb 19, 2026
The Dating Game: Why a CapitaLand-Mapletree Merger Could Turn Into a Marriage of Inconvenience
CapitaLand Investment reported a S$142 million H2 2025 loss, largely due to a drag from its China portfolio, while teasing a possible merger with Mapletree Investments. The combined entity could command roughly S$200 billion in assets, creating a headline‑grabbing real‑estate behemoth. However, the...
By The Business Times (Singapore) – Companies & Markets
News•Feb 18, 2026
Yangzijiang Maritime to Hold EGM on Mar 6 on Proposed Share Buyback
Yangzijiang Maritime announced an extraordinary general meeting on 6 March to seek approval for a share‑buyback program covering up to 10% of its issued stock, roughly 348.9 million shares. The company set price caps of 105% for on‑market purchases and 120% for...
By The Business Times (Singapore) – Companies & Markets
Deals•Feb 18, 2026
Carrefour to Sell Romanian Unit to Paval Holding for €823M
Carrefour announced plans to sell its Romanian unit to Paval Holding for €823 million, as part of its strategic refocus on core markets. The deal was disclosed in a statement on Feb 18, 2026.
The Business Times (Singapore) – Companies & Markets
News•Feb 17, 2026
A RM11 Billion Takeover Battle Is Testing Malay Economic Clout. Malaysia PM Anwar Now Holds All the Cards
Prime Minister Anwar Ibrahim, also finance minister, controls the state‑owned stakes that own nearly half of IJM Corporation, putting him at the centre of Sunway Group’s RM11 billion (S$3.5 billion) takeover bid. The offer, seen as hostile, combines RM1 billion in cash with...
By The Business Times (Singapore) – Companies & Markets
News•Feb 16, 2026
Barging Blindly Into Singapore’s Construction Boom Could Be a Bust for some Investors
Singapore’s construction sector has transformed into a high‑growth engine, propelled by a record S$53 billion contract pipeline and flagship projects like Changi Airport Terminal 5. The rally delivered construction‑related stocks returns exceeding 200 % in 2025, dwarfing the STI’s 22.7 % gain. Soilbuild Construction...
By The Business Times (Singapore) – Companies & Markets
News•Feb 16, 2026
Singapore Stocks End Almost Flat Before Chinese New Year; STI Inches up 0.02%
Singapore’s market closed almost flat on Monday ahead of the Chinese New Year break, with the Straits Times Index edging up 0.02% to 4,938.58 points. Export data showed non‑oil domestic exports rose 9.3% year‑on‑year in January, missing Bloomberg’s 12% forecast...
By The Business Times (Singapore) – Companies & Markets
News•Feb 16, 2026
Amova Bets on ‘New Singapore Sectors’ as MAS Expands EQDP
Amova Asset Management has been selected as one of six managers under Singapore’s expanded Equity Market Development Programme (EQDP), which grew to S$6.5 billion in the 2026 budget. The firm will roll out two new funds – the Singapore All Share...
By The Business Times (Singapore) – Companies & Markets
News•Feb 16, 2026
AirAsia Chief Says Brand Unit Is Nearing Nasdaq Backdoor Listing
AirAsia founder Tony Fernandes announced that the airline’s branding unit is close to completing a Nasdaq backdoor listing, targeting a valuation of roughly US$1.5 billion. The merger with a US‑listed vehicle is expected to be announced within two months, with the...
By The Business Times (Singapore) – Companies & Markets
News•Feb 15, 2026
A Lot of Bull: As STI Breaches 5,000, What More Can We Call For?
The Straits Times Index broke the 5,000‑point barrier on Feb 12 as Finance Minister Lawrence Wong presented Budget 2026, confirming JPMorgan’s bullish target from last year. The milestone follows a series of equity‑market reforms, including a S$1.5 billion top‑up to the Financial Sector...
By The Business Times (Singapore) – Companies & Markets
News•Feb 13, 2026
Lum Chang Creations Receives SGX Nod for Mainboard Transfer From Catalist
Lum Chang Creations (LCC) received in‑principal approval from the Singapore Exchange to move its listing from the Catalist market to the mainboard. The approval follows a strong first‑half performance, with net profit soaring 104% to S$11 million. LCC, a spin‑off of...
By The Business Times (Singapore) – Companies & Markets
Deals•Feb 13, 2026
Centurion Corporation Unit Acquires 65% Stake in Factory Building Plot for S$4.8 Million
Centurion Corporation's subsidiary has purchased a 65% stake in a factory building plot for S$4.8 million, expanding its real estate portfolio. The acquisition was announced on February 13, 2026.
The Business Times (Singapore) – Companies & Markets
Deals•Feb 13, 2026
Offer for Low Keng Huat Closes with 96.88% Valid Acceptances
The acquisition offer for Low Keng Huat has closed, achieving a 96.88% valid acceptance rate. Reported on February 13, 2026, the deal signals a successful tender for the target company.
The Business Times (Singapore) – Companies & Markets
Deals•Feb 13, 2026
DayOne to Select Banks for $5B US IPO
Singapore‑based DayOne, backed by GDS, is preparing a US initial public offering valued at $5 billion. Sources say the company will soon appoint investment banks to manage the listing, marking one of the larger tech IPOs slated for this year.
The Business Times (Singapore) – Companies & Markets
Deals•Feb 12, 2026
Sen Yue Holdings Receives Take-Private Offer at S$0.008 per Share
Singapore-listed Sen Yue Holdings announced it has received a privatisation proposal offering S$0.008 per share, payable in cash or a share swap. The offer aims to take the company private, pending shareholder approval and regulatory clearance.
The Business Times (Singapore) – Companies & Markets
Deals•Feb 12, 2026
Advanced Systems Automation's Offer for Asti Faces Scrutiny From Sias
Sias, a shareholder, has urged Advanced Systems Automation to clarify its offer for Asti, raising concerns over governance and valuation. The call highlights uncertainties surrounding the proposed acquisition.
The Business Times (Singapore) – Companies & Markets