In today’s briefing:
- 10 in 10 with COSCO SHIPPING International (Singapore) – Building Value in Logistics
- Capital Raising Focus: Reclaims Global, iWOW, Vividthree
10 in 10 with COSCO SHIPPING International (Singapore) – Building Value in Logistics
- COSCO SHIPPING International (Singapore) reported a 10.6% revenue increase in 1H 2025, driven by logistics and marine engineering growth.
- The company is constructing Jurong Island Logistics Hub Phase 2, with completion expected in Q4 2026, enhancing logistics infrastructure.
- Key risks for 2025 include potential global trade slowdown, operational disruptions, and regulatory changes affecting logistics and marine services.
Capital Raising Focus: Reclaims Global, iWOW, Vividthree
- Institutions were net sellers of Singapore stocks from Oct 10 to 16, with a net outflow of S$167 million.
- United Overseas Bank led share buybacks with 500,000 shares at S$34.91, totaling S$39.3 million across 19 companies.
- Reclaims Global proposed a placement of 15,384,700 shares at S$0.39 each, raising approximately S$5.75 million.
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