$Seatrium Ltd(5E2.SI)$ Seatrium resolves US$475 mil contract dispute with Maersk. 🎉🎉 On Monday, Seatrium says it has reached an agreement for Maersk to take delivery of the vessel by Feb 28 2026. Upon delivery, Maersk will pay the contract balance of US$360 million. Seatrium has already collected 20% of the contract price as down payment. Both parties have agreed for Maersk to pay part of the contract price (US$250 million) via an interest-bearing credit arrangement extended by Seatrium’s subsidiary, Seatrium (SG) or SGS
$SIA(C6L.SI)$ Nov Passenger load factor (PLF): 87.3 % +0.3% y-y SIA group carried 3.6 million passengers in November,+6 %. SIA PLF -0.4% Scoot’s PLF +3.3% Cargo loads + 8.1%
$SATS(S58.SI)$ Sats and Vietnam Airlines have signed a landmark strategic partnership agreement in Hanoi on Dec 17 to boost aviation infrastructure and logistics capabilities. Under the new agreement, Sats and Vietnam Airlines will recognise each other as preferred partners for ground handling and cargo services across their networks. Sats will provide enhanced operational support while Vietnam Airlines will also extend partnership benefits in “suitable markets”. Both companies will also explore future collaborations, including developing a new cargo terminal in Vietnam.
$Keppel DC Reit(AJBU.SI)$ Keppel DC Reit bought two Singapore data centres for S$50.5 million from Keppel. The acquisitions will be funded by the Reit’s preferential offering and issuance of units. Following the completion of the deal, the aggregate leverage of the Reit is expected to improve from 29.8 %to 29.5 %, with debt headroom of around S$944 million. The transactions are expected to occur by the first quarter of 2026.
$Keppel Reit(K71U.SI)$ Keppel REIT is likely to increase its stake in the Singapore Marina Bay Financial Center Tower 3 in a near US$700 million deal. DBS Group and Hongkong Land currently own 33% stake each in MBFC Tower 3.
I predict 2 more cuts in 2026... Uncertainty and the economy will get worse in 2026 2H... If this really happened, expecting per cut will be 0.5% half yearly in 2026.
$Sembcorp Ind(U96.SI)$ Sembcorp Industries is reportedly near a deal to acquire Alinta Energy, the fourth-largest utility company in Australia. Alinta Energy has a combined maximum capacity of more than 2.8 GW with its four gas-fuelled power stations, a wind farm and also a coal-fired power plant in Australia, and another gas-fuelled plant in New Zealand. It provides gas and electricity to more than 1.1 million homes and businesses in Australia and New Zealand. Alinta Energy is now controlled by Hong Kong's Chow Tai Fook Enterprises
I will prefer to top up my CPF SA account. Although the amount will be locked till my retirement but my money is 100% safe and guaranteed 4% interests. SRS might be good for tax rebate, but the interest is not enough for me to eat a good seafood meal... Although for SRS, the money can be used for investments, they are not 100% guaranteed with a " win -win situation.