SGX:I07

Singapore Shares Incur Losses Amid Increasing Concerns Over Supply Availability

Singapore shares plunged on Thursday, closing in the red zone amid increased concerns about supply availability following tensions around the Red Sea and strikes between the US and Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,546.44 and 5,590.39 throughout the day. It ended the session at 5,581.76, down 13.66 points or 0.2% compared to Wednesday's close.In economic news, Singapore's core consumer price index (CPI), which excludes accommodation and private transport costs, rose 1.6% year over year in June, according to joint data released by the Monetary Authority of Singapore and the Ministry of Trade and Industry.On the corporate front, shares of Acrophyte Hospitality Trust (SGX:XZL) jumped nearly 7% at the close as it completed the divestment of Hyatt Memphis Primacy Parkway for $6.9 million.ISDN (SGX:I07) closed nearly 4% lower as its subsidiary, PT Leaptron Engineering, was liquidated.Meanwhile, Alpha Integrated Real Estate Investment Trust's (SGX:M1GU) distribution per unit, or DPU, climbed 19% in the first half of 2026 to SG$0.0203 from SG$0.0170 a year earlier.

ISDN Completes Liquidation of Subsidiary; Shares Down 4%

ISDN (SGX:I07) subsidiary, PT Leaptron Engineering, was liquidated, according to a Wednesday filing with the Singapore Exchange.Shares of the industrial automation company were down nearly 4% in Thursday trading.The subsidiary was established to support the potential expansion of the company's automation business in Indonesia. However, the company decided to seek opportunities elsewhere.

SAC Advisors Starts ISDN Holdings at Buy with SG$0.97 Price Target

ISDN Unit Launches High-Speed Laser Marker for Chip Packaging

ISDN's (HKG:1656, SGX:I07) subsidiary, IDI Dynamics, launched a high-speed laser marker for semiconductor chip packaging and testing applications, according to a Tuesday Hong Kong bourse filing.The company said the new laser marker delivers up to 2.5 times higher marking speed while occupying 22% less cleanroom floor space compared with widely used industry configurations, the filing said.

ISDN's Attributable Profit Surges in Q1

ISDN (SGX:I07, HKG:1656) recorded an attributable profit of SG$3.7 million in the first quarter, up from SG$120,000 a year prior.The industrial automation company's revenue jumped 24% to SG$113.7 million from SG$91.5 million in the year-ago period, according to a Friday filing with the Hong Kong bourse.

ISDN's Unit Divests Stake in AR Robotics

ISDN's (SGX:I07) unit, AR Robotics and Automation, divested 486,500 of its shares to Trinity One LT and Soradynamics, according to a Tuesday filing with the Singapore Exchange.Following the transaction, ISDN retains a 30% stake in AR Robotics, which is involved in the commercial development of advanced robotics and AI solutions for global markets.The company will also contribute SG$1 million seed capital to help establish operations, while Soradynamics will leverage its proprietary drone technology and video fusion capabilities.Meanwhile, Trinity will provide financial backing to AR Robotics.