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01-06 15:30

SGX Chief Risk Officer Departs After 12 Years; Deputy CRO to Succeed

Agnes Koh, the Chief Risk Officer of Singapore Exchange Group (SGX), is set to resign from her position effective March 31. Koh, who was originally appointed to the role back in January 2014, plans to take a brief hiatus and will subsequently return to the group in an advisory capacity starting July. Deputy CRO Ivan Han has been named the CRO designate with immediate effect and will officially take over the Chief Risk Officer responsibilities from April 1. Han became part of SGX Group in 2013, initially serving as the head of foreign exchange (FX) and rates, and was later promoted to head of South Asia equities products. Koh began her tenure with the group in 2005, occupying various positions within the risk management division. Prior to joining SGX, she dedicated over 11 years to managing
SGX Chief Risk Officer Departs After 12 Years; Deputy CRO to Succeed
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01-06 12:07

DBS and OCBC Shares Reach Record Highs on January 6

Shares of DBS Group Holdings and Oversea-Chinese Banking Corporation (OCBC) surged to unprecedented levels on January 6. OCBC's stock price broke through the $20 barrier for the first time ever, commencing trading at $20.04, while DBS shares reached a fresh peak of $57.48 as of 10:14 am. DBS shares have demonstrated a consistent upward trajectory since the COVID-19 period, with the exception of a dip in April 2025 following the announcement of Liberation Day tariffs. Conversely, OCBC's share price has been achieving new record highs since November 2025, propelled by its announcement of a stable third-quarter net profit of $1.98 billion, driven by increased non-interest income and reduced allowances. However, for the nine-month period concluding on September 30, 2025, the group's net profit
DBS and OCBC Shares Reach Record Highs on January 6
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01-06 12:01

Wife of Wing Tai Chairman Acquires 120,000 Shares, Deemed Interest Rises to 62.34%

Helen Chow, spouse of Wing Tai Chairman Cheng Wai Keung, purchased an additional 120,000 shares in the company on January 5, with the transaction value remaining undisclosed. Following this acquisition, her total voting shares in the company have increased to 476,339,859, representing a substantial 62.34% of the total ordinary voting shares outstanding. On the day of the transaction, Wing Tai's stock closed at $1.44, marking an increase of 2 cents, or a gain of 1.408%. $(W05.SI)$
Wife of Wing Tai Chairman Acquires 120,000 Shares, Deemed Interest Rises to 62.34%
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01-06 09:04

SG Morning Call | SIA’s Air India Looks for New CEO to Replace Campbell Wilson

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.5%; DBS up 1%; Nio fell 2%; ST Engineering fell 1%.Stocks in Focus$Creative(C76.SI)$: Sim Li Ern, the nephew of the company’s late founder Sim Wong Hoo, has been appointed as its new chief executive officer, effective on Monday. He will take over from interim CEO Tan Jok Tin, who will also be stepping down from his role as executive chairman. Shares of Creative rose 0.9 per cent to close S$0.005 higher at S$0.59 on Monday, before the announcement.$IFAST(AIY.SI)$: The digital wealth management platform on Monday said it is proposing to buy a 30 per cent stake in financial advisory firm Financial Alliance Corporation for S$19.6 million
SG Morning Call | SIA’s Air India Looks for New CEO to Replace Campbell Wilson
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01-05 13:44

Seatrium's Petrobras 78 Achieves First Oil Production

On December 31, 2025, the Petrobras 78 (P-78), the inaugural unit among six P-Series floating production, storage, and offloading (FPSO) vessels constructed by Seatrium for Brazil's Petroleo Brasileiro S.A. (Petrobras), successfully commenced its first oil production. First oil signifies the official initiation of production as hydrocarbons are first introduced into the vessel's processing systems. This procedure involves opening a well to initiate the flow of hydrocarbons. The oil then travels through subsea pipelines, ascends via risers, and finally reaches the FPSO, marking the start of production operations. Seatrium announced that this achievement demonstrates the group's successful extension of its comprehensive engineering, procurement, construction, and commissioning (EPCC) capabil
Seatrium's Petrobras 78 Achieves First Oil Production
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01-05 11:55

Singtel Trials 50Gbps Fibre Broadband to Future-Proof Singapore’s Networks

Singapore Telecommunications (Singtel) is currently trialing a 50Gbps XGS-PON fibre broadband service, a technology that dramatically increases the capacity and speed for transmitting data over existing fibre optic lines to both residential and commercial premises. The pilot program will rigorously evaluate the network's performance in increasingly demanding, multi-device environments, which are becoming the norm in AI-enabled homes and workplaces. This 50Gbps technology is poised to unlock ultra-high-definition entertainment and deeply immersive media experiences, supporting everything from today's 8K video to future 12K formats, alongside high-fidelity augmented reality, virtual reality (VR), and extended reality applications. A key design goal is to significantly enhance cloud gaming an
Singtel Trials 50Gbps Fibre Broadband to Future-Proof Singapore’s Networks
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01-05 11:41

SGX Securities Rebranded as SGX Stock Exchange on STI's 60th Anniversary

The Singapore Exchange (SGX) has announced that its equities division, SGX Securities, will now operate under the name SGX Stock Exchange, a change revealed by SGX CEO Loh Boon Chye on January 5. Speaking at the 60th-anniversary celebration of the benchmark Straits Times Index (STI) held at the SGX Centre's IPO Arena, Loh stated that this move reinforces the division's role as the core pillar of SGX Group's multi-asset ambitions and is crucial for Singapore's status as an international financial centre. He further emphasized SGX's ongoing commitment to supporting companies throughout their growth cycles while expanding access and opportunities for investors. Chee Hong Tat, Minister for National Development and Deputy Chairman of the Monetary Authority of Singapore (MAS), highlighted that s
SGX Securities Rebranded as SGX Stock Exchange on STI's 60th Anniversary
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01-05 09:03

SG Morning Call | Propnex Says Lawsuit Against Unit for Alleged Salesperson Misconduct Withdrawn

Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.5%; PropNex up 2%; CityDev, Food Empire up 1%; Nio fell 4%.Stocks in Focus$PropNex(OYY.SI)$: A lawsuit against its subsidiary PropNex Realty and two co-defendants has been dropped, said the real estate services company on Jan 2 without giving details. The claimant had sought to claim damages against PropNex Realty due to the alleged misconduct of one of its salespersons and had filed the suit in February 2025. PropNex shares rose S$0.02 or 1.1 per cent to close at S$1.90 on Friday, before the announcement.$DigiCore Reit USD(DCRU.SI)$: The pure-play data centre real estate investment trust (Reit) on Monday announced a 10-year agreemen
SG Morning Call | Propnex Says Lawsuit Against Unit for Alleged Salesperson Misconduct Withdrawn

SGX Weekly Review|Ultragreen Rose 20%; Nio Rose 11%; Shangri-La Rose 7%; Thomson Medical Rose 5%; TJ Daren Tang And YZJ Fin Down 4%

Singapore stocks edged up this week, with the STI up 0.43%.Singapore’s economy expanded 4.8 per cent year on year in 2025, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday (Jan 2) morning.In terms of individual stocks, Ultragreen rose 20%; Nio rose 11%; Shangri-La rose 7%; Thomson Medical rose 5%; TJ Daren Tang and YZJ Fin down 4%.Market NewsSingapore’s Economy Grew 4.8% In 2025; Q4 GDP Comes In At 5.7%Singapore’s economy expanded 4.8 per cent year on year in 2025, advance estimates from the Ministry of Trade and Industry (MTI) showed on Friday (Jan 2) morning.Aside from being faster than the 4 per cent growth recorded in the previous year, last year’s gross domestic product (GDP) also exceeds the official forecast of “around 4 per cent” that MTI had upgrade
SGX Weekly Review|Ultragreen Rose 20%; Nio Rose 11%; Shangri-La Rose 7%; Thomson Medical Rose 5%; TJ Daren Tang And YZJ Fin Down 4%

STI Rose 0.4% To 4663.73, Hitting All Time High On First Trading Day Of 2026

STI rose 0.4% to 4663.73, hitting all time high on first trading day of 2026. $(STI.SI)$
STI Rose 0.4% To 4663.73, Hitting All Time High On First Trading Day Of 2026

SG Morning Call|Singapore Stocks Opened Higher. Mandarin Oriental Up1%; Nio And Thaibev Down 1%

Market SnapshotSingapore stocks opened higher on Friday. STI up 0.2%; Mandarin Oriental up1%; Nio and Thaibev down 1%.Stocks in FocusNio : The Chinese electric vehicle (EV) maker said on Thursday (Jan 1) that it had new record-high monthly and quarterly deliveries. It saw a 54.6 per cent year-on-year increase in December deliveries and a 71.7 per cent quarter-on-quarter increase in deliveries across the three months ended December. Cumulative deliveries for the year reached 997,592. Shares of Nio fell 2 per cent to close US$0.11 lower at US$5.36 on Wednesday.Keppel Reit : The manager of the real estate investment trust (Reit), in a transcript released on Friday, defended its acquisition of an additional one-third stake in MBFC Tower 3 in a dialogue with the Securities Investors Association
SG Morning Call|Singapore Stocks Opened Higher. Mandarin Oriental Up1%; Nio And Thaibev Down 1%
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2025-12-31

SG Top Stocks In 2025: Hong Leong Asia Soared 173%; Food Empire Surged 159%; ST Engineering Jumped 85%

The Singapore stock market performed robustly in 2025, with STI posting a 23% gain. Notably, Hong Leong Asia soared by an impressive 173%; Food Empire surged 159%; ST Engineering jumped 85%.Hong Leong Asia: Strong Growth, Twin-Engine Upside & ASEAN Expansion OpportunitiesHong Leong Asia benefited from rising construction demand in Singapore, Malaysia, and China, and a recovery in China’s truck market.HLA has strong financials with significant net cash and free cash flow, supporting dividends, plant upgrades, and expansion in ASEAN without equity pressure.Property and powertrain segments offer upside, with new batching capacity and regional engine production, while the group’s new-energy roadmap (hybrids, e-axles, hydrogen) keeps HLA competitive as truck electrification rises.Food Empir
SG Top Stocks In 2025: Hong Leong Asia Soared 173%; Food Empire Surged 159%; ST Engineering Jumped 85%
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2025-12-31

SATS Announces Board Changes with Jessica Tan's Departure

SATS has revealed modifications to its board structure, confirming that Jessica Tan will resign from her director position effective December 31. Tan will be stepping down from her roles as chair of the nominating committee and as a member of the audit committee; she was originally appointed to the board on April 17, 2017, having served as an independent director for nearly nine years. Effective January 1, the board's composition will include Irving Tan, Kerry Mok, Vinita Bali, Chan Lai Fung, Chan Lai Fung, Eng Aik Meng, Mak Swee Wah, Deborah Ong, and Pier Sigismondi. On December 30, shares of SATS closed one cent higher, a gain of 0.263 percent, at $3.81. $(S58.SI)$
SATS Announces Board Changes with Jessica Tan's Departure
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2025-12-31

Manager of Suntec REIT Announces Board and Committee Composition Changes

ESR Trust Management, the entity managing Suntec REIT, has announced modifications to its board and board committee structures, effective from December 31. Notably, Chan Pee Teck Peter and Foo Yee Shoon will retire from their positions as independent non-executive directors, having reached the maximum tenure limit of nine years. Concurrently, Shen Jinchu and Matthew James Lawson will step down as non-executive directors, a move that aligns with a planned change in the ownership of the manager. Abdul Jabbar Bin Karam Din is slated for appointment as chairman of the nominating and remuneration committee (NRC) and as a member of the audit and risk committee (ARC). Anthony Charles Philip Couse will join as a member of both the NRC and ARC, while David Alasdair William Matheson is appointed as
Manager of Suntec REIT Announces Board and Committee Composition Changes
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2025-12-30

H2G Green and Parties Extend Long-Stop Date for Proposed T T J Greenfuel Acquisition

H2G Green Limited has issued an update regarding the proposed acquisition of T T J Greenfuel, announcing that all involved parties have consented to a further extension of the long-stop date for fulfilling the conditions precedent outlined in the sale and purchase agreement (SPA). The long-stop date has been pushed back from December 31, 2025, to January 31, 2026. The parties have also mutually agreed that the completion date for the acquisition will be no later than the newly extended long-stop date of January 31, or a date within 14 days of receiving JTC approval, whichever occurs first. Shares of H2G Green concluded trading unchanged at 1.1 cents on December 29. $(5AI.SI)$
H2G Green and Parties Extend Long-Stop Date for Proposed T T J Greenfuel Acquisition
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2025-12-30

SG Morning Call|Singapore Stocks Opened Higher On Tuesday. Nio Up 3%; ST Engineering Up 1%; ThaiBev Down 1%

Market SnapshotSingapore stocks opened higher on Tuesday. STI up 0.4%; Nio up 3%; ST Engineering up 1%; ThaiBev down 1%. Stocks in FocusKeppel : Its real estate subsidiary Keppel Management, formerly known as Keppel Land, has terminated the US$800 million multicurrency term note programme it established on Jan 7, 2002, with effect from Monday. The unit added that it does not intend to issue further notes under the programme, Keppel said on Monday. The counter closed 0.1 per cent or S$0.01 higher at S$10.26, before the news.Manulife US Real Estate Investment Trust : (Manulife US Reit): Its indirect subsidiary Hancock S-Reit Sacramento, which held the now-divested property in Sacramento known as Capitol, has been voluntarily wound up and dissolved. The manager said on Tuesday that this does
SG Morning Call|Singapore Stocks Opened Higher On Tuesday. Nio Up 3%; ST Engineering Up 1%; ThaiBev Down 1%
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2025-12-29

SG Morning Call | Singapore Stocks Opened Higher On Monday. Nio Up 4%; ManulifeReit And ST Engineering Up 1%

Market SnapshotSingapore stocks opened higher on Monday. STI up 0.1%; Nio up 4%; ManulifeReit and ST Engineering up 1%.Stocks in FocusKeppel, Keppel Data Centre Real Estate Investment Trust (Keppel DC Reit) : The two entities said on Dec 26 that the authorities have conditionally green-lit a 10-year lease extension for Keppel Data Centre Campus, which is owned by a Keppel-led joint venture (JV). This is part of a deal announced in November 2024 for the Reit to acquire two hyperscale data centres from the JV. Under the deal, the Reit will pay the JV S$350 million upon approval of the lease extension. Keppel shares closed Friday 1 per cent or S$0.10 down at S$10.25, after the news; units of Keppel DC Reit finished the day flat at S$2.21. Frasers Property, Thai Beverage (ThaiBev): Frasers Pro
SG Morning Call | Singapore Stocks Opened Higher On Monday. Nio Up 4%; ManulifeReit And ST Engineering Up 1%
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2025-12-26

SGX Weekly Review | STI Rises 1.5%; Seatrium and DBS Jump About 3%; SIA Gains 2%; OCBC and UOB Rise 1%

Singapore stocks jumped this week, with the STI up 1.5%.Meanwhile, Singapore's key consumer price gauge rose 1.2% in November from a year earlier.In terms of individual stocks, Seatrium rose 3.4%; DBS rose 2.5%; Sembcorp and Yangzijiang Shipbuilding rose 2.4%; ST Engineering rose 2.3%; Keppel rose 2.2%; SIA rose 1.6%; SGX rose 1.5%; OCBC rose 1.3%; UOU rose 1.2%.Market NewsSingapore Core Inflation at 1.2% Y/Y in November, Lower Than ExpectedSingapore's key consumer price gauge rose 1.2% in November from a year earlier, official data showed on Tuesday.The core inflation rate, which excludes private road transport and accommodation costs, was lower than the median forecast of 1.3% in a Reuters poll of economists, and matches the 1.2% reading in October.Headline inflation was 1.2% in annual t
SGX Weekly Review | STI Rises 1.5%; Seatrium and DBS Jump About 3%; SIA Gains 2%; OCBC and UOB Rise 1%
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2025-12-26

SG Morning Call | STI Falls 0.13%; Top Glove up over 2%; ThaiBev up over 1%; SATS, SIA up Slightly; OUEREIT Down over 1%

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.13%; Top Glove up over 2%; ThaiBev up over 1%; SATS, SIA up slightly; OUEREIT down over 1%.Stocks in Focus$Sembcorp Industries(U96.SI)$: Sembcorp Green Infra, an Indian unit of Sembcorp Industries, on Friday completed the acquisition of a 100 per cent stake in solar power company ReNew Sun Bright for about S$246 million. ReNew owns and operates a 300 megawatt solar power project in Rajasthan, India. Shares of Sembcorp Industries rose 0.2 per cent or S$0.01 to close at S$6 on Wednesday.$Keppel Reit(K71U.SI)$: The manager of the real estate investment trust (Reit) on Wednesday said a wholly owned Keppel Reit financial unit has obtained
SG Morning Call | STI Falls 0.13%; Top Glove up over 2%; ThaiBev up over 1%; SATS, SIA up Slightly; OUEREIT Down over 1%
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2025-12-24

SG Morning Call | STI Falls 0.13%; OUEREIT, Keppel DC Reit, Frasers Property up Around 1%; ThaiBev, YZJ Fin Hldg Down over 1%

Market SnapshotSingapore stocks opened lower on Tuesday. STI fell 0.13%; OUEREIT, Keppel DC Reit, Frasers Property up around 1%; ThaiBev, YZJ Fin Hldg down over 1%.Stocks in Focus$Manulife US Real Estate Investment Trust(BTOU.SI)$ (Manulife US Reit): The Reit manager posted an update on Wednesday that the master restructuring agreement concessions, which include an extension of its asset disposal deadline and temporary relaxation of its financial covenants from Dec 31, 2025, to Jun 30 next year, have been granted. It grants consent to keep its unencumbered gearing not more than 80 per cent until Jun 30, and to keep interest coverage ratio at no less than 1.5 times until Dec 31 next year. Units of Manulife US Reit ended at US$0.072, US$0.001 or
SG Morning Call | STI Falls 0.13%; OUEREIT, Keppel DC Reit, Frasers Property up Around 1%; ThaiBev, YZJ Fin Hldg Down over 1%

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