Following the collapse of Silicon Valley Bank, the Credit Suisse crisis plagued the banking industry. On 15th March 2023, the shares of Credit Suisse slumped when the chairman of the bank’s largest shareholder, Saudi National …
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Category: Stock News
Stock news such as companies quarterly financial results or stock market related news.
Silicon Valley Bank Collapsed
Silicon Valley Bank (SVB) collapsed on Friday (10 March 2023). US regulators had put it under the control of the US Federal Deposit Insurance Corporation. If you never heard of Silicon Valley Bank, the bank …
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MPACT 3Q FY22/23 Financial Results
On 31st January 2023, MPACT (Mapletree Pan Asia Commercial Trust) has released their 3Q FY22/23 financial results. Net Asset Value per Unit was up year-on-year to S$1.78 mainly due to higher investment properties resulting from …
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Frasers Logistics and Commercial Trust 1QFY23 Business Updates
On 1st February 2023, Frasers Logistics and Commercial Trust released their 1QFY23 business updates. Since it is a business update, the focus is on debt, occupancy and lease expiries. It is also noteworthy that Frasers …
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CICT FY2022 Financial Results
On 1st February 2023, CapitaLand Integrated Commercial Trust (CICT) reported their FY2022 Financial Results. With assets in the retail and office sector, CICT has benefited from the border relaxation and increase in the return of …
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Starhill Global REIT 1HFY22/23 Financial Results
Starhill Global REIT had announced their 1HFY22/23 financial results on 27th January 2023. The financial results are largely positive. The most important thing is that a Distribution per Unit (DPU) of 1.82 cents was also …
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