The Hour Glass posted a 39% rise in net profit to S$103.8 million for its second half ended March 31, 2026, as revenue increased 16% year on year to S$722.8 million [1, 2]. Sats reported a 31% jump in net profit to S$50.7 million for its fourth quarter ended the same date, with revenue up 9.8% to S$1.6 billion [3]. IHH Healthcare recorded a 3% rise in net profit to RM528 million (S$170.1 million) in the first quarter, with revenue climbing 4% to RM6.6 billion, citing "sustained demand for quality healthcare services, a case mix of more acute patients and price adjustments to counter inflation" [4].

In corporate deals, UI Boustead Reit and Boustead Singapore are co-investing about S$104 million in a build-to-suit aerospace facility at Seletar Aerospace Park, leased for 22.5 years to a leading global aerospace company [1]. Frasers Logistics and Commercial Trust acquired equity in four property companies owning freehold logistics properties in Germany and the Netherlands for approximately 294.9 million euros (S$441.5 million), at discounts to appraised values [3].

Mapletree Industrial Trust sold its Philadelphia Data Centre for US$14.5 million, a 4.3% premium over the independent March 31 valuation of US$13.9 million [2]. Seatrium reported a net order book of S$15.5 billion across 24 projects with deliveries scheduled until 2033, showing margin improvements in the first quarter [5].

On May 26, Keppel announced that Indonesia’s High Court upheld a dismissal of a 2.28 trillion rupiah (S$186.3 million) claim related to Jakarta land owned by a Keppel subsidiary. The original dismissal by South Jakarta District Court occurred on February 9 [4, 6, 7].

Wilmar International is among 10 crude palm oil exporters under investigation for suspected under-invoicing and transfer-pricing, following concerns raised by Indonesia’s Finance Minister over price mark-ups through Singapore trading firms [6, 7].

ST Engineering appointed Jeffrey Lam as group deputy chief executive officer, effective June 1, 2026; Lam will step down as COO (operations excellence) and president of commercial aerospace [5].

The next financial updates are expected when companies release full-year results later in 2026.