The Edge Singapore15m
Olam reports 69% y-o-y drop in FY2024 earnings
Olam Group has reported a 16.3% increase in revenue to $56.2 billion for its FY202. However, earnings dropped by 69% in the ...
The Edge Singapore30m
John Soh, Quah Su-ling back in court to fight convictions
Lawyers representing Soh and Quah will argue that the verdicts overlooked the actions of certain individuals who traded the ...
The Edge Singapore2h
UK pension moves GBP28 bil to Amundi, Invesco citing ESG credentials
The mandates were previously overseen by State Street, which is among several Wall Street giants that have quit the Climate ...
The Edge Singapore11h
Accusations of ‘attempted coup’ vs ‘incredibly disappointing’
In the event the majority bloc is successful, they will be able to elect key management personnel (KMP) at their discretion, ...
The Edge Singapore11h
Mermaid Maritime reports earnings of US$14.2 mil for FY2024 from reversal of impairment loss
The group saw a higher revenue for FY2024 due to growth in subsea inspection, repair and maintenance, cable laying, subsea ...
The Edge Singapore11h
Jardine Cycle & Carriage reports earnings of US$946 mil, down 22% y-o-y
Weaker domestic currencies in Indonesia and Vietnam impacted the overall profit contribution in US dollar terms for the ...
The Edge Singapore14h
Alpina Holdings reverses into earnings of $2.4 mil for FY2024 due to growth in construction contracts
The group’s integrated building services and mechanical and electrical services segment recorded revenue growth of 21% and ...
The Edge Singapore11h
Hotel Properties Limited’s FY2024 earnings decline by 95.1% y-o-y to $27.2 mil on lower net fair value gain
Revenue during the year rose by 7.9% y-o-y to $692.9 million. The board has recommended a first and final dividend of 4 cents ...
The Edge Singapore14h
Tash Aw puts his spin on the Asian epic with a quartet of reads, starting with 'The South'
For some time now, Tash Aw has wanted to write a long, epic novel about a Chinese immigrant family that spans 80 to 100 years ...
The Edge Singapore12h
OCBC makes up for FY2024 earnings miss with special dividend, sees NIM falling to around 2%
In FY2024, OCBC’s net interest income hit a new high of $9.76 billion. According to OCBC CFO Goh Chin Yee, OCBC’s NIM ...
The Edge Singapore9h
Yanlord's FY2024 losses widened to RMB3.4 billion on impairments and write-downs
Yanlord Land Group reported a wider loss of RMB3.4 billion for its FY2024, from year-earlier red ink of RMB934 million, no ...
The Edge Singapore11h
Primary reason behind CDL’s dispute is related to M&C board advisor Dr Catherine Wu, says Sherman Kwek
She has been interfering in matters going well beyond her scope, and she wields and exercises enormous influence. These ...