Market highlights

Amara Shopping Centre in Tanjong Pagar.
Amara Shopping Centre in Tanjong Pagar.PHOTO: AMARA HOLDINGS

1 Hotel and property player Amara said profit rose 104 per cent to $3.5 million partly due to its share in a development project. Revenue fell 5 per cent to $18.2 million.

2 ISOTeam is setting up a joint venture with BT Industrial Coating (M), which provides waterproofing and floor coating services in Malaysia. The joint venture will provide interior design services.

3 Beverage player Super Group said net profit fell 7 per cent to $9.8 million. Revenue was 8 per cent lower at $115 million.

4 Hotel Properties reported a rise in net profit from $12.2 million to $13.2 million for the quarter ended June 30. Revenue fell from $163.8 million to $129.7 million.

5 The manager of Frasers Commercial Trust said $100 million of notes with a coupon of 2.835 per cent have been issued. The notes are due in 2021.

A version of this article appeared in the print edition of The Straits Times on August 12, 2016, with the headline 'Market highlights'. Print Edition | Subscribe