Posts by Liam Redmond
Centurion Accommodation Reit eyes sponsor pipeline for acquisitions as H1 results beat IPO forecast
The Reit may look at Centurion Corporation’s development assets, including the upcoming Kranji Close dormitory [SINGAPORE] A pipeline of assets under development by Centurion Corp could be assessed for acquisition by Centurion Accommodation Reit (CAReit), the Reit’s manager said. One such asset is the sponsor’s newly announced Kranji Close project. On Wednesday (Aug 5), Centurion…
Read MoreJustCo H1 loss narrows 52% to US$839,000 in first results since IPO
[SINGAPORE] Flexible workspace operator on Thursday (Aug 6) announced that its first-half net loss narrowed 52 per cent to US$839,000, compared to a US$1.7 million in the year-ago period. Excluding one-off expenses, the newly listed group’s H1 net profit after tax would have been about US$100,000 instead. The GIC-backed company debuted on the Singapore Exchange…
Read MoreJustCo sets 50% dividend payout from 2027 as H1 loss halves
[SINGAPORE] JustCo will pay out half its net profit from FY2027, in a move that the newly listed flexible workspace operator said reflects its confidence in generating “meaningful” profits as its business scales. Speaking at an earnings briefing on Friday (Aug 7), executive chairman and CEO Kong Wan Sing said the group arrived at the…
Read MoreSGX records all-time highs in revenue, net profit for FY2026
[SINGAPORE] Singapore Exchange (SGX) recorded a 7.8 per cent rise in its FY2026 net profit to S$698.4 million on Thursday (Aug 6), driven by gains across all operating segments. Net revenue rose 13.9 per cent to S$1.5 billion, while earnings per share (EPS) increased to S$0.653. SGX said FY2026 marked a record year for both…
Read MoreWhy one of Leon Rose’s top front-office lieutenants felt the time was right to leave Knicks
The Knicks’ brain trust is about to look different. A valuable member of the group — senior vice president Gersson Rosas — is leaving the team after four years, culminating in the franchise’s first championship since 1973. President Leon Rose and executive vice president William Wesley get most of the credit from fans and the…
Read MoreStarHub to take MyRepublic’s 4G customers on its network under expanded agreement
This follows their wholesale partnership set up in 2022 and StarHub’s acquisition of MyRepublic Broadband last August [SINGAPORE] StarHub and MyRepublic have expanded their partnership in the mobile segment by moving all subscribers of MyRepublic Mobile onto StarHub’s network. A joint announcement by the two parties on Thursday (Aug 6) said the move entails moving…
Read MoreVenture Q2 net profit up 10.3% at S$63 million, increases interim dividend
[SINGAPORE] Technology solutions provider Venture Corp posted a 10.3 per cent increase in net profit to S$63 million for its second quarter ended Jun 30, up from S$57.1 million in the year-ago period. Revenue for the quarter rose 12.5 per cent year on year to S$726.2 million from S$645.3 million previously, the mainboard-listed group said…
Read MoreHezbollah’s summer camps for junior jihadis pose a mortal threat to peace
It’s summer camp season, when kids across America roast marshmallows and compete in games of color war. But in Lebanon, camps run by Iran-backed Hezbollah are preparing children for holy war instead. Every summer, the terror group’s Imam al-Mahdi Scout camps indoctrinate Shiite youth — and even offer paramilitary training to older members. Scores of…
Read MoreOklahoma teen rapist Jesse Butler’s case dismissed as DA rips defense: ‘Nothing has made my blood boil more’
Convicted Oklahoma rapist Jesse Butler’s sexual assault case was dismissed in court this week – as a newly elected district attorney scolded the teen’s defense for trying to proclaim their innocence, blasting, “Nothing has made my blood boil more.” Butler, who avoided 78 years in prison after he was convicted of raping and assaulting two…
Read MoreSoftBank’s Q1 profit falls 18%, beats expectations with chip boost
The tech investor has booked gains from its bets on Intel, whose shares more than tripled during the quarter Published Thu, Aug 6, 2026 · 03:20 PM [TOKYO] SoftBank Group on Thursday (Aug 6) reported a smaller-than-expected decline in quarterly net income, helped by a rally in its chip stock holdings while it awaits further…
Read MoreTeen arrested on murder charges after Citadel cadet and childhood friend found shot dead
Authorities have arrested a teen suspect allegedly involved in a double homicide where a Citadel cadet and his childhood friend were gunned down in Florida. The DeLand Police Department announced they arrested a 17-year-old suspect on two counts of second-degree murder. He was arrested by the US Marshals Service. Dustin Rose, 19, and Samson Campbell, 18, were…
Read MoreAmerican Airlines flight attendant’s alleged killers tied to gang accused of preying on tourists: officials
Two men accused of drugging and killing an American Airlines flight attendant during a layover in Colombia have been arrested months after the slaying, authorities said, with the suspects allegedly tied to a gang known to prey on tourists. Andrés Felipe Peña Corrales, 23, and William Olave Gamboa, 31, were captured in Peru in connection with the…
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