SGX:BEZ

Singapore Shares Decline Despite Robust US Jobs Report; Global Invacom Plunges 25%

Singapore shares fell on Monday, despite robust US jobs report which narrowed odds on a hike in interest rates.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,768.86 and 5,803.12 throughout the day. It ended the session at 5,792.28, down 9.68 points or 0.2% compared to Friday's close.In economic news, Singapore's total retail sales rose 1.5% year-over-year to SG$4.4 billion in July, following a 4.0% increase in the prior month, according to data from the Statistics Department.Meanwhile, Singapore government's total foreign reserves increased to SG$550.7 billion in August from SG$549.3 billion in July, according to data published by the Monetary Authority of Singapore.On the corporate front, shares of Global Invacom (SGX:QS9) plunged over 25% even as it raised around SG$4.8 million from its renounceable partially underwritten rights issue.Beng Kuang Marine (SGX:BEZ) closed nearly 5% higher as its subsidiary, Asian Sealand Offshore and Marine, secured a purchase order worth SG$7.4 million for works on a floating production storage and offloading vessel in Angola.Meanwhile, shares of Singapore Land Group (SGX:U06) were up nearly 2% at the close as it was awarded a residential site at Changi Road by the Urban Redevelopment Authority for SG$1.43 billion.

Beng Kuang Marine Bags SG$7 Million FPSO Order in Angola; Shares Up 5%

Beng Kuang Marine (SGX:BEZ) subsidiary, Asian Sealand Offshore and Marine, secured a purchase order worth SG$7.4 million for works on a floating production storage and offloading vessel in Angola, according to a Monday filing with the Singapore Exchange.The works are scheduled for completion by Dec. 31 and cover supply and mobilization of offshore personnel for tank works, apart from supervision, rigging, scaffolding, welding, and repairs.Shares of the offshore and marine services company rose nearly 5% in Monday trading.

Beng Kuang Marine's Profit Jumps 21% in H1

Beng Kuang Marine's (SGX:BEZ) profit increased 20.8% during the half year ended June 30 to SG$3.5 million from SG$2.9 million a year earlier, according to a Friday filing with the Singapore Exchange.Basic earnings per share slipped to SG$0.0144 compared with SG$0.0146 in the comparable period.Revenue increased 9.7% year over year to SG$55.7 million from SG$50.8 million.

Singapore Shares Extend Gains as Tech Rally Drives Surge

Singapore shares extended gains on Wednesday, despite mixed regional gains as investors remained bullish on technology and AI stocks.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,323.33 and 5,414.84 throughout the day. It ended the session at 5,369.57, up 27.33 points or 0.5% compared to Tuesday's close.On the corporate front, Avarga (SGX:X5N) closed under 1% higher as it received an approval from the Singapore High Court to convene a scheme meeting for shareholders to vote on the proposed scheme of arrangement.Beng Kuna Marine (SGX:BEZ) units, Asian Sealand Offshore & Marine subsidiary bagged new contracts in the first half of the year.Meanwhile, ESR REIT (SGX:J91U) signed sales and purchase agreements to acquire five institutional grade freehold logistics properties in Melbourne, Australia, for AU$276.8 million.

Singapore Shares Rise Nearly 1% on US-Iran Ceasefire Deal; HS Optimus Surges 17%

Singapore shares surged nearly 1% at the close of trading on Friday, tracking broader regional gains, as investor sentiment received a boost from the US and Iran reaching a preliminary deal to extend a ceasefire by 60 days.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,009.77 and 5,041.11 throughout the day. It ended the session at 5,037.86, up 48.67 points or nearly 1% compared to Thursday's close.In economic news, Singapore's manufacturing prices continued to surge in April, backed by strong performances across the oil and non-oil indices, the city-state's Department of Statistics reported.Meanwhile, Singapore's Export Price Index rose 13.3% year on year in April, following an 8.7% rise in the preceding month, the city-state's Department of Statistics reported.On the corporate front, shares of HS Optimus (SGX:504) surged nearly 17% at the close as it booked an attributable profit to owners of SG$4.1 million during the fiscal second half ended March 31, against an attributable loss of SG$815,000 a year earlier.Mooreast (SGX:1V3) shares closed nearly 18% higher as it signed a placement agreement with ZICO Capital to raise around SG$6 million through the placement of up to 44.5 million shares at SG$0.135 per share.Meanwhile, shares of Beng Kuang Marine (SGX:BEZ) were up nearly 2% at the close after it issued 57.1 million shares at SG$0.35 per share to ISUSTAINABILITY and SPPG, in connection with the acquisition of the remaining 49% stake in Asian Sealand Offshore and Marine.

Beng Kuang Marine Issues Consideration Shares for Asian Sealand Acquisition; Shares Up 5%

Beng Kuang Marine (SGX:BEZ) issued 57.1 million shares at SG$0.35 per share to ISUSTAINABILITY and SPPG, in connection with the acquisition of the remaining 49% stake in Asian Sealand Offshore and Marine.Shares of the marine infrastructure company were up nearly 5% in Friday trading.Following the issuance, Asian Sealand has become the company's subsidiary, according to a Thursday filing with the Singapore Exchange.Meanwhile, the remaining cash consideration of SG$20.0 million for the acquisition will conclude on May 29, the filing said.

Beng Kuang Marine Founders Share Sale Attracts Strong Demand

Beng Kuang Marine (SGX:BEZ) shares owned by the company's executive director and founder, Chua Meng Hua, attracted strong interest from institutional funds and reputable investors, according to a Wednesday filing with the Singapore Exchange.The transaction attracted interest from funds such as Amova Asset Management and Tokio Marine Life Insurance Singapore.Meanwhile, the company's executive chairman, Chua Beng Yong and chief executive officer, Yong Jiunn Run acquired 578,286 shares and 500,000 shares respectively.

Beng Kuang Marine's Net Profit Slides 13% in Q1

Beng Kuan Marine's (SGX:BEZ) net profit fell 13% year on year to SG$2.8 million in the first quarter, according to a Tuesday filing with the Singapore Exchange.Revenue jumped 7.7% year over year to SG$25.7 million, with the floating production, storage, and offloading segment comprising a significant portion of the total revenue.

Beng Kuang Marine Gets In-Principle Approval for Listing of Consideration Shares in Asian Sealand Deal

Beng Kuang Marine (SGX:BEZ) gained in-principle approval from the Singapore Exchange Securities Trading for the listing and quotation of up to 57.1 million consideration shares at SG$0.35 per share, according to a Wednesday bourse filing.The shares relate to the company's acquisition of the remaining 49% stake in Asian Sealand Offshore and Marine.

Beng Kuang Marine Forms JV With Epsilon Navigation For Vessel Ownership

Beng Kuang Marine (SGX:BEZ) and Epsilon Navigation agreed to form a joint venture to own and operate a new ballast barge currently under construction by Beng Kuang.The two entities will form Offshore Collective Pte., a special purpose vehicle, on an equal basis, according to a Tuesday filing with the Singapore Exchange.Shares of the offshore marine services company were down over 1% in Wednesday trading.Meanwhile, around SG$2.8 million from the shipbuilding order book of approximately SG$15.8 million of the company's subsidiary, Nexus Engineering Indonesia, will be accounted as a related party transaction upon entry into the shareholders' agreement.

UOB Kay Hian Starts Beng Kuang Marine at Buy with SG$0.64 Price Target

Singapore Shares Close Lower Despite Optimism on US-Iran Peace Deal

Singapore shares declined on Thursday despite broader regional gains, as optimism grew over the prospects of a U.S.-Iran peace deal.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,004.41 and 5,039.11 throughout the day. It ended the session at 5,007.83, down 13.4 points or 0.3% compared with Wednesday's close.On the corporate front, shares of Olam (SGX:VC2) surged nearly 8% at the close as it secured the remaining regulatory approval needed for the proposed sale of its 44.58% stake in Olam Agri Holdings to Saudi Agricultural & Livestock Investment.Beng Kuang Marine (SGX:BEZ) closed over 3% higher as it secured SG$55.9 million worth of contracts during the first half of the year.Meanwhile, Keppel DC REIT's (SGX:AJBU) shares were up over 1% at the close as its distribution per unit jumped 13% during the first quarter of 2026 to SG$0.02833 from SG$0.02503 a year earlier.

Beng Kuang Marine Bags SG$60 Million Worth of Contracts in Q1; Shares Up 4%

Beng Kuang Marine (SGX:BEZ) secured SG$55.9 million worth of contracts during the first half of the year, according to a Wednesday filing with the Singapore Exchange.Shares of the maritime company were up over 4% in Thursday trading.The company's ASOM platform bagged about SG$27.6 million in confirmed contracts across Angola, Malaysia, Ghana, Brazil, China, and Singapore.Meanwhile, Beng Kuang Marine's shipbuilding order book grew to SG$15.8 million through its Indonesia-based entity, Nexus Engineering Indonesia.The IOE platform secured SG$12.5 million in new contracts.As of March 31, the company has secured around SG$51.2 million of phased revenue for 2026.