The Edge Singapore

The 8th edition of The Edge Singapore Billion Dollar Club honoured more than 40 Singapore business titans listed on the Singapore Exchange for their outstanding achievements in four categories across ten sectors at the Grand Hyatt Singapore. Categories: - Highest Returns to Shareholders over Three Years - Highest Growth in Profit After Tax over Three Years - Highest Weighted Return on Equity over Three Years - Overall Sector Winner DBS Group Holdings (DBS Bank) and Cortina Holdings secured the prestigious Company of the Year award for their exceptional three-year streak of outstanding business performance. City Developments Limited was recognised with the Best ESG Risk Ratings award for the second year in a row in acknowledgement of its exceptional efforts in sustainable business strategy. The Edge Singapore would like to take this opportunity to express our sincerest gratitude to our Supporting Partner, SGX Securities (SGX Group), Official Knowledge Partners, EY and Morningstar Sustainalytics, Official Bank Sponsor, CIMB Singapore and Official Car Sponsor, McLaren Singapore for their unwavering support for this event. Congratulations to all the winning companies in The Edge Singapore Billion Dollar Club. Check out the full list of winners at bdc.theedgesingapore.com #BDC2024 #TheEdgeSingapore #BillionDollarClub #CenturionClub #sgbusiness #economy #sgnews #sgx #ey #cimbbank #mclarensingapore #arturaspider 

Douglas Foo of Sakae Holdings had an agreement to sell around 27.8 million shares for 95.3 cents

DBS had tried to buy a stake in Alliance Bank back in 2012 from controlling shareholder Temasek Holdings

Even though Citi has not made any changes to UOB's call and target price, analyst Tan Yong Hong notes that UOB could be the next capital management play among Singapore banks.

Many of today's most active climate tech funds and startups launched after Trump first came to power

No further regulatory actions are expected on this issue, which DBS calls a 'relief'

We disposed of our entire stakes in DR Horton and Airbus, and reinvested the proceeds into Talen Energy and Uber.

The total consideration represents a 43% premium over the book value and net asset value of SembEnviro and its subsidiaries as at June 30.

Net profit for 9MFY2024, however, stood at THB438.6 million — more than doubling the net profit for the same period last year.

STI finally breaks out but it's a price taker not a trendsetter, and subject to vagaries of S&P500; interest rates could rise