SGX Q1 profit up 25%, highest quarterly profit in over 10 years. Earnings per share rose 26% to 10.7 Singapore cents, sufficient to fund an interim dividend of 7.5 cents a share. Its first quarter net profit to S$114.2 million, its highest quarterly net profit in more than a decade, driven by higher demand for its suite of investments and risk managements tools.

Over the next four years or so, Singapore will work with other Asean countries to link up their real-time payment systems to enable small retail payments using just mobile numbers, with the link-up between Singapore and Thailand expected to be completed by the middle of next year.

Sasseur Reit on Thursday said that following legal proceedings and negotiations between Hefei Sasseur Commercial Management Co (Sasseur Hefei), Zhongjian Sanju No 2 Construction Engineering (ZS2) and their lawyers, the parties have reached a voluntary settlement of 55 million yuan (S$10.6 million), which Sasseur Hefei will pay to ZS2.

Breadtalk Group founder George Quek is training his sights on a market capitalisation of over S$1 billion for the food and beverage group by 2022. The group's current market cap of S$335 million is "extremely undervalued", lamented newly appointed chief investment officer.

Lian Beng Group on Thursday said its order book has been boosted to a record S$1.6 billion following its clinching of a S$173 million contract to build a condominium development at River Valley Close.

Sabana Reit on Thursday posted a distribution per unit of 0.78 Singapore cent for its third quarter ended Sept 30, up slightly from 0.77 cent it paid out a year ago.Gross revenue rose 1.6 per cent to S$20.2 million, mainly due to higher contribution from some multi-tenanted properties on improved occupancies, and a one-off recovery of revenue relating to prior usage of common area from certain tenants.

Lendlease's S$3.7 billion mixed-used Paya Lebar Quarter officially launched.

Industrial market posts stable Q3 despite external headwinds, but outlook cloudy. Rents and prices of industrial space in Singapore remained relatively stable in the third quarter of this year compared with the previous three months, even as the industrial market faces headwinds from the US-China trade spat.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR