Company expands global footprint with largest acquisition to date SINGAPORE: Winking Studios Limited (AIM / SGX: WKS), a leading global AAA game art outsourcing and development company, reported a 27.3% year-on-year revenue increase to US$19.4 million for the six months ended June 30, 2025, driven by resilient demand and strategic expansion. Gross profit rose 38.2%…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
H2G Green sets strategy for Singapore clean energy growth
SINGAPORE: H2G Green Limited (SGX:5AI) has outlined a new strategy to expand Singapore’s role as a liquefied natural gas (LNG) hub and accelerate the country’s transition toward net-zero emissions. Following a leadership change, newly appointed CEO Pek Hak Bin said the homegrown energy company is positioned to help meet rising demand for clean energy in…
ST Group sells Gong Cha brand in the United Kingdom amid market shift
SINGAPORE: ST Group Food Industries Holdings Ltd. has disposed of three indirect subsidiaries operating under the Gong Cha brand in the United Kingdom, citing ongoing losses and a strategic shift toward franchising and supply chain operations. The disposal, completed through ST Group’s indirect subsidiary GCTea Ltd., transfers ownership of GCTea Outlets Ltd., GCTea Outlets 2…
HCLTech and CAST Forge Ahead with Strategic Partnership to Revolutionize OEM Chip Design
HCLTech and CAST forge ahead with strategic partnership to revolutionize OEM Chip DesignSINGAPORE: HCLTech, a global technology powerhouse, and CAST, a pioneer in semiconductor intellectual property (IP) cores, have announced an expansion of their partnership. This collaboration is set to transform the landscape of original equipment manufacturing (OEM) by offering bespoke chip solutions, propelling industries…
SingPost to restructure into three autonomous business units
Singapore Post Ltd (SingPost) has concluded its strategic review, initiated in May 2023 with Merrill Lynch (Singapore) Pte. Ltd. (BofA Securities) as the financial advisor. The review aimed to enhance shareholder returns and ensure the Group’s appropriate valuation. Over recent years, SingPost has evolved from a traditional postal service into a technology-driven international logistics enterprise,…
8VI Holdings gets financial advisory license in Singapore and Malaysia
SINGAPORE: 8VI Holdings Limited has obtained regulatory approvals to commence its Financial Advisory businesses in Singapore and Malaysia. The Financial Advisory business vertical was established in the previous financial year as part of the Group’s plans to expand its offerings and bridge gaps in the VI Community’s overall wealth management journey. 8VI FIN Malaysia Sdn….
Jadestone Energy acquires interest in Sinphuhorm gas field onshore Thailand
SINGAPORE: Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia) Limited, an affiliate of PT Medco Energi Internasional Tbk, to acquire S.E. Asia’s interest in three legal entities, which collectively own a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas…
CSE Global incorporates subsidiaries to separately hold Logic Wireless entities
SINGAPORE: CSE Global Limited has completed the acquisition of Logic Wireless entities including Logic Wireless Limited, Logic Wireless Pty Ltd, and Logic Wireless Europe Limited for a consideration of NZ$ 25 million ($20.8 million). Following the completion of the acquisition, Logic Wireless Entities have become indirect wholly-owned subsidiaries of CSE Global. For the purpose of…
Al Salam Bank steps up support for local health and education initiatives
MANAMA, BAHRAIN: Al Salam Bank has announced a number of ESG initiatives focused on supporting education, health and women empowerment in Bahrain. The move is part of the Bank’s ongoing efforts to support the financial and social wellbeing of the community as well as the Kingdom’s Economic Vision 2030 and the United Nations’ Sustainable Development Goals (SDGs)….
BW LPG acquires LPG Trading Operations from Vilma Oil
SINGAPORE: BW LPG Limited has entered into an agreement to acquire the LPG trading operations from Vilma Oil, to expand BW LPG’s Product Services division. The Product Services division was established in February 2019 to offer customers a low-risk and fully integrated product delivery service, and support BW LPG’s core shipping business. This acquisition will…
Keppel DC REIT acquires two data centres in Guangdong, China for RMB 1.38bn
SINGAPORE: Keppel DC REIT has entered into agreements with Guangdong Bluesea Data Development Co. Ltd. and its parent company, Guangdong Bluesea Mobile Development Co. Ltd., to acquire two data centre facilities, on a fully-fitted basis, in Jiangmen, Guangdong Province, for RMB 1,380.6 million (approximately S$297.1 million), a release noted. The two transactions follow the acquisition of Guangdong Data…
Kunda sells furniture & fittings business in China as property market weakens
SINGAPORE: China Kunda Technology Holdings has entered into a sale and purchase agreement with Shenzhen City Tangjia Kitchen Appliances Company to dispose its entire 100% interest in the subsidiary, Shenzhen Shi Er Ju Quan Wu Ding Zhi Company (SEJ) for a net consideration of RMB 2.0mn. SEJ, a wholly-owned subsidiary of China Kunda Technology, was…