Sea Limited posted third-quarter net income of US$502.5 million as revenue rose 43.4% to US$8.6 billion, led by Shopee.
Stocks and Markets
Metasurface Technologies Debuts On SGX Catalist, Completing Singapore-Hong Kong Dual Listing
Singapore-headquartered precision engineering firm Metasurface Technologies Holdings began trading on SGX Catalist on Nov 4, closing its first session at S$0.56, up about 3.7% from its placement price.
MAS To Back SIAS In Producing IPO Guides For Retail Investors
MAS will support SIAS in developing free IPO Guides that distil key information from offer documents, while listing reviews are set to move under SGX RegCo from January 2027.
SGX CEO Loh Boon Chye Calls For Succession Planning As Contract Nears 2027 End
Singapore Exchange chief executive Loh Boon Chye told shareholders at the bourse operator’s AGM that planning should start for a future CEO transition. His contract runs until mid-July 2027.
Renaissance United Returns To Profit As AI Chip Demand Lifts Q1 Revenue 41%
Renaissance United posted a S$190,000 net profit for the quarter ended July 31, reversing a year-ago loss, as its semiconductor testing arm ESA Electronics more than doubled sales on AI-driven memory chip demand.
OCBC Securities Scraps Minimum Commission on Online SGX Trades as Young Investor Activity Surges
OCBC Securities has permanently removed the minimum commission on online SGX trades, as trading by investors aged 30 and below jumped 60%.
MAS Deploys S$1.45 Billion to Five Global Asset Managers, Commits S$20 Million to Boost SGX Liquidity
The Monetary Authority of Singapore appointed five asset managers under EQDP, enhancing market liquidity and attracting international capital.
Singapore’s March non-oil exports rise 15.3% on strong AI-driven electronics demand
Singapore’s non-oil domestic exports rose 15.3% in March, driven by AI demand, especially in electronics, with significant growth in integrated circuits.
GIC Nets Strong Profit from Sunway Healthcare
Singapore’s GIC achieved fourfold profits from its Sunway Healthcare investment, highlighting strong growth and demand in Malaysia’s expanding healthcare sector.
Singapore’s March non-oil exports rise 15.3% on strong AI-driven electronics demand
Singapore’s non-oil domestic exports grew 15.3% in March, fueled by strong AI-driven electronics demand, marking seven months of expansion.