SGX:BIP

5 stories mentioning SGX:BIPUpdated 14h ago

Every FINWIRES story that references SGX:BIP, newest first.

Singapore Shares Plunge, Track Regional Losses; Hong Leong Asia Up 2%

Singapore shares incurred losses on Tuesday, tracking broader regional losses as oil prices climbed due to continuous geopolitical tensions.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,694.39 and 5,770.33 throughout the day. It ended the session at 5,710.37, down 44.99 points or 0.8% compared to Monday's close.On the corporate front, shares of Hong Leong Asia (SGX:H22) closed nearly 2% higher as unit Guangxi Yuchai Marine and Genset Power has renewed its application to list on the Main Board of the Hong Kong Exchange.Keppel DC REIT (SGX:AJBU) has agreed to acquire an 88.62% effective stake in two freehold hyperscale data centers in Inzai City, Japan, from unrelated third-party sellers.Meanwhile, Vibrant Group (SGX:BIP) has acquired a 60% stake in Fair Breeze Trading for around SG$7.7 million.

^STISGX:AJBUSGX:BIPSGX:H22

Asia23h ago

Vibrant Group Buys Controlling Stake in Alcohol Supplier

Vibrant Group (SGX:BIP) has acquired a 60% stake in Fair Breeze Trading for around SG$7.7 million, according to a Monday filing with the Singapore Exchange.Fair Breeze is a supplier of duty-free alcoholic beverages and tobacco products to cruise liners, naval ships, and other maritime customers. It has now become a subsidiary of Vibrant Group.The logistics company also secured call options over the remaining 40% stake, which can be exercised in tranches over three years.

SGX:BIP

Asia57d ago

Vibrant Group Completes Full Acquisition of Associated Company's Debt

Vibrant Group (SGX:BIP) fully acquired the entire judgment debt of around 59.4 million yuan owed by its 31% associated company, Vibrant Pucheng Logistics (Chongqing), to China Railway Construction Engineering.The debt acquisition was completed after the logistics company acquired the final 20.2 million yuan tranche for 15 million yuan, according to a Friday filing with the Singapore Exchange.

SGX:BIP

Asia63d ago

Vibrant Group's Attributable Profit Zooms 134% in Fiscal H2

Vibrant Group's (SGX:BIP) attributable profit to owners surged 134% in the fiscal second half ended April 30 to SG$10.2 million from SG$4.4 million a year earlier, according to a Monday filing with the Singapore Exchange.Earnings per share came in at SG$0.0152 compared with SG$0.0064 in the year-ago period.Revenue declined 5.1% year over year to SG$67.5 million from SG$71.2 million.The company declared a first and final dividend of SG$0.004 per share for the period.

SGX:BIP

Asia91d ago

Vibrant Group Names Interim CEO

Vibrant Group (SGX:BIP) named Don Tang Fook Yuen as the company's interim chief executive officer, effective June 2, according to a same-day filing with the Singapore Exchange.Shares of the integrated logistics company were down nearly 1% in Wednesday trading.The company will continue its search for a permanent CEO, the filing added.

SGX:BIP

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