$ThaiBev(Y92.SI)$ ThaiBev said to consider selling KFC franchise business. ThaiBev is working with Bank of America Corp to gauge interest. The QSR of Asia Co, which also uses the abbreviation QSA to refer to itself, is a subsidiary of ThaiBev. ThaiBev acquired 240 KFC restaurants in 2017 for about 11.4 billion baht (US$340 million). QSA operates more than 500 restaurants nationwide, making it the largest KFC franchisee in Thailand
$CapLand Ascendas REIT(A17U.SI)$ CapitaLand Ascendas Reit is divesting Kim Chuan Telecommunications Complex, a 10-storey data centre, for about S$200.4 million to an unrelated third party. The sale consideration is more than double the S$100 million that Clar paid for the property at 38 Kim Chuan Road when it acquired it in March 2005. It also represents a premium of around 32% to the property’s independent market valuation of S$151.8 million as at end-June,
$Seatrium Ltd(5E2.SI)$ Seatrium transfers its first bit of energy from its floating lab to Singapore’s electricity grid. The lab is the world’s first remote-controlled floating platform for distributing energy resources. It was built in 2025 and was developed through a partnership between Seatrium and the Energy Market Authority that was announced in 2020. The generated electricity from the floating lab helps to power Seatrium’s Pioneer yard and meet its operational requirements. Extra electricity is then exported to the Singapore power grid. Seatrium estimates that the excess electricity can meet the monthly energy needs of around 1,500 four-room HDB households.
My word for the first half of 2026 is Recovery because I have managed to recover from a negative acc to a +36% I. 2026 H1. If I can choose the 2nd word, I will add Enjoying, because I made money from the volatile markets.
$Singtel(Z74.SI)$ Singtel has sold a 2.8% stake in Thai energy company Gulf Development for about S$1 billion. After the deal, Singtel will still hold a 4.95 per cent stake in Gulf Development, valued at an estimated S$1.8 billion. The deal doesn't signal a retreat from Thailand, where the telco still relies on its 24.8% stake in Advanced Info for dividend income.
$Singtel(Z74.SI)$ Singtel, KKR-owned STT GDC opens its first South Korean data centre.The 30 MW facility will be jointly operated by STT GDC and Hyosung Heavy Industries. Singtel and KKR-backed STT GDC, which holds a 60% stake. South Korea’s Hyosung Heavy Industries holds the remaining 40 %