Corporate Updates - Singapore Exchange (SGX)
2026-07-10
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on SGX listed companies.
Explanation of the corporate events: User Manual
| Date | Company | Event Details | Sector | Event Summary |
|---|---|---|---|---|
| 10 Jul, 2026 | Global Invacom | Global Invacom Group identified a suspected theft of company-owned and customer-owned satellite components valued at approximately US$700,000 (cost basis) from its subcontract manufacturer’s facilities in the Philippines. The incident remains under police investigation, with the subcontract manufacturer reviewing site security, while the group expects no material impact on its FY2026 financial position or performance based on current information. | Communication Equipment | Others |
| 10 Jul, 2026 | Southern Alliance Mining | Southern Alliance Mining Ltd.’s subsidiary, Selatan Anjung Minerals Sdn. Bhd., entered into a six-year memorandum of understanding with the Department of Mineral and Geoscience Malaysia (Johor) to collaborate on mineral exploration, geoscience research and scientific studies covering approximately 7,045 hectares within the Tenggaroh Exploration Licence area in Mersing, Johor. The partnership provides access to the authority’s geological expertise and historical datasets to support exploration of metallic minerals, including gold, and strengthen the group’s long-term multi-mineral development strategy in Malaysia. | Iron & Steel | Operation Updates |
| 10 Jul, 2026 | Parkway Life REIT | Parkway Life Real Estate Investment Trust divested the freehold Etoile Suma Rikyu nursing home in Hyogo Prefecture, Japan for JPY1.17 billion (approximately S$9.4 million), with the transaction completed immediately. The sale price is 38% above the original acquisition cost and 5% above the latest valuation, generating an estimated disposal gain of approximately S$0.6 million while supporting the REIT’s asset recycling strategy. | REIT - Healthcare Facilities | Disposal |
| 10 Jul, 2026 | Marco Polo Marine Ltd | Marco Polo Marine’s subsidiary PKR Offshore entered into a framework agreement with Siemens Gamesa Renewable Energy to lease two commissioning service operation vessels (CSOVs) for multiple offshore wind projects in Taiwan on a non-exclusive basis. The agreement is expected to commence from 2029 for an initial two-year period, with options for earlier commencement from 2028 and one- to three-year extensions, while both parties will explore deployment opportunities for the CSOV fleet in South Korea and Japan. | Marine Freight & Logistics | Contract Awarded |
| 8 Jul, 2026 | SC Capital Partners | SC Capital Partners Group acquired a 206-room hospitality asset in Shinjuku, Central Tokyo on behalf of its Japan Hospitality Fund. The group plans a comprehensive asset enhancement programme to reposition the property for the growing inbound tourism market and enhance its long-term competitiveness, adding to its Japan hospitality portfolio of over US$1.3 billion invested across 60 hotels comprising approximately 13,000 rooms. | Real Estate Services | Merger & Acquisition |
| 8 Jul, 2026 | ESR Reit | ESR-REIT plans to acquire five freehold logistics properties in Melbourne from Frasers Property for A$276.8 million, representing a 1.9% discount to valuation, with completion expected in 3Q2026 subject to Australian regulatory approval. The portfolio comprises 122,411 sq m of gross lettable area, 90% occupancy and a weighted average lease expiry of 3.2 years, with the acquisition expected to be 4.3% DPU-accretive and funded through proceeds from prior asset divestments and debt financing without issuing new units. | REIT - Industrial | Merger & Acquisition |
| 8 Jul, 2026 | Beng Kuang Marine | Beng Kuang Marine, through its subsidiary Asian Sealand Offshore & Marine, secured contracts worth S$85.2 million in 1HFY2026, comprising S$27.6 million in 1Q and S$57.6 million in 2Q, including two FPSO tank-services purchase orders in West Africa with a combined value of approximately US$28.6 million. As at 30 June 2026, the group had S$52.3 million of outstanding contracted work at ASOM, alongside order books of approximately S$7.3 million at PT. Nexus Engineering Indonesia and S$11.1 million at International Offshore Equipments, with deliveries extending into FY2028. | Construction & Engineering | Contract Awarded |
| 8 Jul, 2026 | Singapore Exchange (SGX) | Singapore Exchange divested its 93%-owned subsidiary Scientific Beta to STOXX for €23 million as part of its portfolio optimisation strategy and focus on strengthening its multi-asset business. Following the transaction, Singapore Exchange will retain its iEdge index platform, while STOXX will integrate Scientific Beta's research-driven factor index capabilities to expand its institutional index solutions. | Financial & Commodity Market Operators | Disposal |
| 8 Jul, 2026 | AIMS APAC REIT | AIMS APAC REIT entered into an agreement to acquire a freehold industrial property in Hazelmere, Western Australia for a total acquisition outlay of A$42.7 million, with completion expected in 2QFY2027. The 91,547 sq m site, comprising 12,310 sq m of warehouses, workshops and offices, is fully leased to Swan Materials under a 10-year triple-net lease with 3.25% annual rental escalations, and the acquisition is expected to generate a Year 1 net property income yield of 5.3% and increase DPU by 0.3% based on full debt funding. | REIT - Industrial | Merger & Acquisition |
| 3 Jul, 2026 | Elite UK REIT | Elite UK REIT completed the disposal of four properties in Wales—High Street (Swansea), Windsor Road (Neath), Oldway House (Swansea) and Station Road (Port Talbot)—through its wholly owned subsidiaries Elite Gemstones Properties Limited and Elite Amphora Limited for GBP6.0 million (approximately S$10.35 million) to an unrelated third party. The properties, occupied by the UK Department for Work and Pensions and carrying a current accounts valuation of GBP5.3 million, will have the net proceeds recycled into higher-quality or higher-growth investment opportunities, with no material impact expected on the REIT’s FY2026 net asset value. | REIT - Office | Disposal |